Forward Air shares are delivering on something few companies have as the year draws to a close.
The stock is beating the Dow Jones Transportation Average and the S&P 500 in the fourth quarter.
Forward Air CEO Tom Schmitt recently spoke with CNBC's Frank Holland about the holiday shipping season, the volume his customers are expecting for Lunar New Year, and the supply chain, trucking, and pricing outlook for 2023.
Schmitt said spot rates are down and that "transactional softness" will remain, but contract will continue to be strong.
"But I expect more normal ... closer to pre-pandemic with this year Lunar New Year, but we're not there yet," Schmitt said.