Dear LTL Owner Operator Partners,
This is no ordinary settlement stuffer. It is with great pleasure we announce that beginning October 1, 2017, the entire LTL fleet (team & solo operators) operating on standard mileage pay will be awarded an increase of $.03/ loaded mile.
Additionally all LTL contracts will be based on the tenure schedule of the oldest contract, including any contracts for trucks signed on in the future. Rate increases do not apply to flat rated runs. Flat rated runs will be evaluated on a case by case basis.
The opportunity to earn an additional $.02/ loaded mile is still available for those that have trucks five years old or newer. The tenure program is still in place and hasn't changed.
There are no stipulations. No tricks. No conditions. You have earned this rate increase. Your devotion to Forward Air is being recognized. We sincerely appreciate your hard work.