Forward Air Corp - Company Profile

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Forward Air Corp (Forward Air) is a provider of logistics services. The company's services include less-than-truckload (LTL), truckload, intermodal, and pool distribution services. It offers transportation management services, expedited truckload brokerage, fleet services, and temperature and security-controlled logistics services. Forward Air also provides first and last-mile transportation of freight to seaports and railheads through third-party transportation providers and fleets. The company markets its services to freight forwarders and third-party logistics companies, integrated air cargo carriers, and passenger and cargo airlines. Forward Air is headquartered in Greeneville, Tennessee, the US.

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Headquarters United States of America

Address 1915 Snapps Ferry Rd., Building N, 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* $665.1M

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

* As of and is in US$
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Forward Air Corp premium industry data and analytics

1

ICT Spend & Tech Priorities

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
Forward Air Truckload Expedited
Forward Air Airline Logistics
Fatigue Management 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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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 15,246 22,902
Entity Type Public Public Public Public Public
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Executives
Name Position Board Since Age
Rebecca Garbrick Chief Financial Officer; Treasurer Senior Management 2021 48
Chris C Ruble Chief Operating Officer Senior Management 2019 61
Jay Tomasello Chief Information Officer Senior Management 2019 46
Michael L Hance Chief Legal Officer; Secretary Senior Management 2014 51
Kyle R Mitchin Chief People Officer Senior Management 2019 43
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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