Forward Air Corporation Company Profile - Forward Air Corporation Overview (2024)

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  • Overview
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Forward Air Corp (Forward Air) is an asset-light freight and logistics company. The company's primary activities include providing less-than-truckload (LTL), truckload, and intermodal drayage services. Forward Air's services include transportation management services, expedited truckload brokerage, fleet services, and temperature and security-controlled logistics services, delivery during tight time windows, and special handling. The company offers its services to freight and logistics intermediaries, integrated air cargo carriers, and passenger and cargo airlines. It also provides provides first-and last-mile container drayage services to and from seaports and railheads. It operates in the US, Canada and Mexico. Forward Air is headquartered in Greeneville, Tennessee, the US.

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Headquarters United States of America

Address Building N, 1915 Snapps Ferry Road, Greeneville, Tennessee, 37745

Telephone 1 423 6367000

No of Employees 4,014

Industry Transport and Logistics

Ticker Symbol & Exchange FWRD (NASD)

Revenue (2022) $1.4B -18.4% (2022 vs 2021)

EPS XYZ

Net Income (2022) XYZ -13.4% (2022 vs 2021)

Market Cap* $493.6M

Net Profit Margin (2022) XYZ 6.2% (2022 vs 2021)

* As of and is in US$

View Forward Air Corp financials

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Forward Air Corp premium industry data and analytics

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IT Client Prospector provides intelligence on Forward Air Corp’s likely spend across technology areas enabling you to understand the digital strategy.

Products and Services

Services
Expedited Freight
Less-Than-Truckload (LTL)
Truckload Services
XYZ
XYZ
XYZ

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History

History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.

Year Event Description
2024 Acquisitions/Mergers/Takeovers In January, the company merged with Omni Logistics.
2023 Stake Sale In October, the company sold a stake to Ancora Holdings Group.
2023 Contracts/Agreements In August, the company entered into an agreement to merge with Omni Logistics, LLC.

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Forward Air Corporation Company Profile - Forward Air Corporation Overview (2)

Competitor Comparison

Key Parameters Forward Air Corp United Parcel Service Inc FedEx Corp C.H. Robinson Worldwide Inc Old Dominion Freight Line Inc
Headquarters United States of America United States of America United States of America United States of America United States of America
City Greeneville Atlanta Memphis Eden Prairie Thomasville
State/Province Tennessee Georgia Tennessee Minnesota North Carolina
No. of Employees 4,014 500,000 328,000 14,990 22,902
Entity Type Public Public Public Public Public

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Executives
Name Position Board Since Age
George S. Mayes Jr Chairman Executive Board 2024 65
Shawn Stewart Chief Executive Officer Senior Management 2024 -
Rebecca Garbrick Chief Financial Officer; Treasurer Senior Management 2021 49
Chris C Ruble President; Chief Operating Officer Senior Management 2019 61
Joseph M. Tomasello Chief Information Officer Senior Management 2019 47
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY

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Forward Air Corporation Company Profile - Forward Air Corporation Overview (2024)
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