2022 rate increases arrive early; Forward Air leads pack at 7.9%

Forward Air says 7.9% GRI needed to offset higher costs and improve service

Forward Air announced Wednesday a 7.9% general rate increase (GRI) for rates based on tariffs. The company said some accessorial and minimum charges will be raised as well. The changes take effect Feb. 1.

Forward (NASDAQ: FWRD) implemented a 6% GRI last February with most other less-than-truckload providers installing 5.9% increases around the same time. The asset-light trucking and logistics provider also announced that capacity surcharges will extend beyond the end of 2021, through June 30,...

https://www.freightwaves.com/news/2022-rate-increases-arrive-early-forward-air-leads-pack-at-79

Leave a Comment