Forward Air To Raise Rate By 7.9% From February 2022

Forward Air To Raise Rate By 7.9% From February 2022
  • Forward Air Corp FWRD notifies its customers of a general rate increase of 7.9% applicable to rates established under the existing tariffs effective February 1, 2022.
  • The company noted selected accessorial charges and minimum charges will also be impacted.
  • Forward Air intends to offset rising costs associated with the challenging operating environment through the rate increase.
  • Price Action: FWRD shares are trading higher by 3.01% at $101.72 on the last check Wednesday.

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