Forward Air Corp - Company Profile
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Forward Air Corp (Forward Air) is an asset-light freight and logistics company. The company offers expedited less-than-truckload (LTL) shipping solutions, full truckload (FTL) solutions, intermodal drayage services, freight brokerage and supply chain services. Forward Air's services cater to freight and logistics intermediaries, airlines, and retailers. It also provides first-and last-mile container drayage services to and from seaports and railheads. The company operates in the US, Canada and Mexico. Forward Air is headquartered in Greeneville, Tennessee, the US.
Headquarters
United States of America
Address
1915 Snapps Ferry Road, Bldg N, Greeneville, Tennessee, 37745
Website
www.forwardair.com
Telephone
1 423 6367000
No of Employees
6,319
Industry
Transport and Logistics
Ticker Symbol & Exchange
FWRD (NASD)
Revenue (2024)
$2.5B
80.5%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
-588.2%
(2024 vs 2023)
Market Cap*
$692.1M
Net Profit Margin (2024)
XYZ
-370.4%
(2024 vs 2023)
* As of and is in US$
Forward Air Corp premium industry data and analytics
Products and Services
| Services |
|---|
| Expedited Less-Than-Truckload (LTL) Shipping Solutions |
| Full Truckload (FTL) Solutions |
| Intermodal Drayage Services |
| XYZ |
| XYZ |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | Contracts/Agreements | In July, the company secured a distribution services contract and new full truckload business from an athletics leader, enhancing its service capabilities through Omni Logistics with a focus on retail replenishment. |
| 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. |
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 | 6,319 | 490,000 | 306,000 | 13,166 | 21,895 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| George S. Mayes Jr | Chairman | Executive Board | 2024 | 66 |
| Shawn Stewart | Chief Executive Officer; Director | Executive Board | 2024 | 51 |
| Jamie Pierson | Chief Financial Officer | Senior Management | - | - |
| Joseph M. Tomasello | Chief Information Officer | Senior Management | 2019 | 48 |
| Michael L Hance | Secretary; Chief Legal Officer | Senior Management | 2024 | 53 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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