From support of weight alone this is true. When backing up tho your abusive situation is limited in a couple ways: 1] directional tread does not grip as well, and 2] front overbalance occurs easily because drive tries to rotate the tractor onto its nose, touches down the load and decreases the supported weight and traction. -- Drive torque is thus limited.
,,,Going forward presents a situation that can easily cause more abuse to the front axle and drive. ... Of course the directional tread gives more traction so more torque can be transmitted. ... But, building on this is the greater stability of the tractor/loader assembly for lifting and pushing. - Lift/curl while pushing at ground level will elevate a load that the loader is unable to lift, and that the physics of the platform is not able to hold up except while pushing. Platform balance and drive countertorque on the chassis add to cause the load to come up. Every time you decelerate or stop the bucket goes back down and the back wheels come up. Start forward again and the tractor climbs under the load. Usually the back wheels touch down and "some steering" is possible, but in essence all weight/traction/drive is on the front. ... The entire weight of the platform and more than the loader will lift. When 4wd tractors are built without an eye for this case you start seeing the drive and axle housing failures.