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.