Forward Air Corp. will acquire Linn Star Holdings Inc., Linn Star Transfer Inc. and Linn Star Logistics, a privately held final-mile provider, for $57.2 million, according to a Forward Air news release Dec. 12.
December 16, 2019Forward Air
Business, Logistics, Top 100
John Sommers II for Transport Topics
Forward Air to Acquire Linn Star for $57.2 Million
John Sommers II for Transport Topics
Business, Logistics, Top 100
John Sommers II for Transport Topics
Forward Air Reports Profit Dip, Robust Revenue
John Sommers II for Transport Topics
Forward Air Corp. reported strong third-quarter earnings, including skyrocketing revenue, when the Greeneville, Tenn., company announced financial results Oct. 24.
October 30, 2019
Business, Logistics, Top 100
John Sommers II for Transport Topics
Forward Air Sets Revenue Record in 2Q
John Sommers II for Transport Topics
Forward Air Corp.’s net income dropped 8.2% from the same quarter last year, the Greeneville, Tenn.-based company reported July 26. But at the same time, the company set a second-quarter record for revenue.
July 26, 2019
Business, Top 100
A Forward Air truck. (John Sommers II for Transport Topics)
Forward Air Reports Record Revenue, Profit in 1Q
A Forward Air truck. (John Sommers II for Transport Topics)
Forward Air Corp. reported record revenue and net income when the Greeneville, Tenn.-based carrier announced first-quarter earnings April 24.
April 26, 2019
Business, Top 100
John Sommers II for Transport Topics
Forward Air Achieves Record Revenue, Profits in 4Q
John Sommers II for Transport Topics
Forward Air Corp. turned in its best-ever fourth quarter and full year in 2018 with profits topping expectations and revenue increasing across most of its freight service lines.
February 7, 2019
Business
John Sommers II for Transport Topics
Forward Air Posts Mixed Third-Quarter Results
John Sommers II for Transport Topics
Forward Air Corp. posted higher revenue but lower-than-expected earnings in the third quarter of 2018. The company also announced that it has agreed to acquire substantially all of the assets of Southwest Freight Distributors, a drayage service provider based in Dallas, for an undisclosed amount.
October 24, 2018
Business, Logistics, Top 100
John Sommers II for Transport Topics
Forward Air Reports Strong 2Q Earnings
John Sommers II for Transport Topics
Forward Air Corp., a mostly expedited LTL carrier, reported July 26 second-quarter net income of $24.3 million, or 83 cents per share compared with $19.7 million, or 65 cents, a 23% increase from a year ago. The company’s operating revenue increased to $330.3 million compared with $283.9 million, a 16% jump.
July 26, 2018
Business, Top 100
John Sommers II for Transport Topics
Forward Air First-Quarter Results Better Than Expected
John Sommers II for Transport Topics
Forward Air Corp. reported better-than-expected results in the first quarter as strong demand and tight truckload capacity boosted expedited less-than-truckload shipping and intermodal services.
April 25, 2018
Business
Forward Air Chooses TCG’s Pricing Program
Less-than-truckload giant Forward Air decided to go with an outside provider as it upgraded its cost-analysis system for determining pricing, licensing the LTL Cost Information System from Transportation Costing Group.
March 5, 2018
Business
John Sommers II for Transport Topics
Forward Air Reports Mixed Results in 4Q
John Sommers II for Transport Topics
Greeneville, Tenn.-based Forward Air Corp. reported Feb. 7 fourth-quarter net income of $35.4 million, or $1.18 earnings per share, compared with $12.7 million, or 42 cents, in the fourth quarter a year ago.
February 8, 2018Pages
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