Asset-light less-than-truckload provider Forward Air said Monday that its decision to swap out “inefficient freight” over the past year continues to deliver the returns it had hoped. The company reported a 16% year-over-year (y/y) increase in revenue per shipment for the first two months of the third quarter, a sizable increase considering the easy comps have faded.
Many LTL carriers used a very strong trucking market to replace lower-margin customer accounts. However, there likely isn’t another...
https://www.freightwaves.com/news/forward-airs-freight-upgrade-extends-beyond-easy-comps