Forward Air

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
Business, Logistics

Forward Air Posts Solid Year-Over-Year Gain in Profits

Forward Air Truck John Sommers II for Transport Topics

Forward Air Corp. had a steady third quarter with its results slightly topping analysts’ forecasts, indicating the for-hire carrier is moving at a measured pace for the year.

Burney Simpson | Staff Reporter
October 25, 2017
Business

Forward Air Reverses Second-Quarter Net Loss in 2016, Posts Nearly $20 Million in Profits

Forward Air Truck John Sommers II for Transport Topics

Forward Air Corp. recovered strongly after a $10 million loss one year ago, posting a profit of $19.6 million or 64 cents per share for the three-month period ending June 30.

Ari Ashe | Staff Reporter
July 26, 2017
Business, Logistics

Forward Air Closes Deal With Atlantic Trucking Co.

Forward Air Corp. has acquired the assets of Atlantic Trucking Co. in a deal finalized May 18, just more than one month after it was first announced.

May 19, 2017
Business, Logistics

Truckload Profits Fall at TFI, Knight, Patriot Transportation; Rise at Forward Air

Truckload carriers continued to struggle as three out of four companies reported lower quarterly earnings versus 2016 levels as the industry struggles with excess capacity and lower prices.

Ari Ashe | Staff Reporter
April 26, 2017
Business, Logistics

Forward Air Acquires Assets of Atlantic Trucking Co.

John Sommers II for TT

Forward Air Corp. moved to expand its intermodal trucking business in the southeastern United States with the purchase of substantially all of the assets of Atlantic Trucking Co. and its affiliates in Charleston, S.C.

April 11, 2017

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