Forward Air says tonnage has moved further into positive territory during the fourth quarter.
The company’s expedited segment, which includes less-than-truckload operations, saw a 5.5% year-over-year (y/y) increase in tons per day during the first two months of the fourth quarter, Forward Air said in an update issued Wednesday after the market closed. The result follows a slight decline in the third quarter.
Weight per shipment jumped 11% y/y and revenue per shipment was 2.6% higher in the...
https://www.freightwaves.com/news/forward-airs-tonnage-inflects-further-upward-in-q4