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. Its services cater to freight and logistics intermediaries, airlines, and retailers. Forward Air also provides first-and last-mile container drayage services, ground transportation, air and ocean forwarding, integrated air cargo carriers, and passenger and cargo airlines. It operates in the US, Canada and Mexico, among others. Forward Air is headquartered in Greeneville, Tennessee, the US.
Headquarters
United States of America
Address
3200 Olympus Boulevard, Suite 300, Dallas, Texas, 75019
Website
www.forwardair.com
Telephone
1 817 5525270
No of Employees
6,062
Industry
Transport and Logistics
Ticker Symbol & Exchange
FWRD (NASD)
Revenue (2024)
$2.5B
0.8%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
86.8%
(2024 vs 2023)
Market Cap*
$278.3M
Net Profit Margin (2024)
XYZ
86.9%
(2024 vs 2023)
* As of and is in US$
Forward Air Corp premium industry data and analytics
Products and Services
| Services |
|---|
| Expedited Less-Than-Truckload (LTL) Shipping Solutions |
| Full Truckload (FTL) Solutions |
| Freight Brokerage 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 | Dallas | Atlanta | Memphis | Eden Prairie | Thomasville |
| State/Province | Texas | Georgia | Tennessee | Minnesota | North Carolina |
| No. of Employees | 6,062 | 460,000 | 237,000 | 11,554 | 20,591 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Jerome Lorrain | Chairman | Executive Board | 2025 | 50 |
| Shawn Stewart | Chief Executive Officer; Director; President | Executive Board | 2024 | 52 |
| Jamie Pierson | Chief Financial Officer | Senior Management | 2024 | 56 |
| Michael L Hance | Chief Legal Officer; Secretary | Senior Management | 2024 | 54 |
| Doug Smith | Chief People Officer | Senior Management | 2019 | 56 |
| 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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