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.
Headquarters
United States of America
Address
1915 Snapps Ferry Rd., Building N, Greeneville, Tennessee, 37745
Website
www.forwardair.com
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*
$607.6M
Net Profit Margin (2022)
XYZ
6.2%
(2022 vs 2021)
* As of and is in US$
Forward Air Corp premium industry data and analytics
Products and Services
| Services |
|---|
| Forward Air Truckload Expedited |
| Forward Air Airline Logistics |
| Fatigue Management Services |
| XYZ |
| XYZ |
| XYZ |
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. |
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 |
Key Financial Charts
Sales Growth
Net Income Growth
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 | Secretary; Chief Legal Officer | 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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