Forward Air Q4-to-date: weight per shipment +11%, revenue per shipment ex-fuel +2.6%

FORWARD AIR CORP

Weight per shipment increased 11.0% vs same period last year through November 2023.
Revenue per shipment excluding fuel rose 2.6%; pounds per day increased 5.5%.
Revenue per ton mile excluding fuel improved 1.8% year-over-year.
Management cites LTL tonnage growth and pricing discipline under Grow Forward strategy.

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