Forward Air

Business, Logistics, Top 100

Forward Air to Acquire Linn Star for $57.2 Million

Forward Air logo on trailer John Sommers II for Transport Topics

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.

Jim Stinson | Staff Reporter
December 16, 2019
Business, Logistics, Top 100

Forward Air Reports Profit Dip, Robust Revenue

Forward Air truck 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.

Dan Ronan | Associate News Editor
October 30, 2019
Business, Logistics, Top 100

Forward Air Sets Revenue Record in 2Q

Forward Air logo on trailer 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.

Jim Stinson | Staff Reporter
July 26, 2019
Business, Top 100

Forward Air Reports Record Revenue, Profit in 1Q

Forward Air 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.

Dan Ronan | Associate News Editor
April 26, 2019
Business, Top 100

Forward Air Achieves Record Revenue, Profits in 4Q

Forward Air 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.

Daniel P. Bearth | Senior Staff Writer
February 7, 2019
Business

Forward Air Posts Mixed Third-Quarter Results

Forward Air truck on the road 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.

Daniel P. Bearth | Staff Writer
October 24, 2018
Business, Logistics, Top 100

Forward Air Reports Strong 2Q Earnings

Forward Air trailer 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.

Dan Ronan | Associate News Editor
July 26, 2018
Business, Top 100

Forward Air First-Quarter Results Better Than Expected

Forward Air on the road 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.

Daniel P. Bearth | Staff Writer
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

Forward Air Reports Mixed Results in 4Q

Forward Air Truck 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.

Burney Simpson | Staff Reporter
February 8, 2018

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