Forward Air

Forward Air Corp. engages in the provision of less-than-truckload (LTL), truckload, intermodal and pool distribution services. It operates through the following segments: Expedited LTL and Intermodal. The Expedited LTL segment provides expedited regional, inter-regional and national LTL, final mile and truckload services. The Intermodal segment provides first and last-mile high value intermodal container drayage services to and from seaports and railheads. The company was founded by Scott M. Niswonger on October 23, 1981 and is headquartered in Greeneville, TN.

Earnings data Q2 2021

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FWRD reports Q1 2023 results below expectations, but sees growth opportunities

FWRD's Q1 2023 results were impacted by declines in LTL tonnage and pieces per shipment, but the company's 'Go Forward' program has shown promising improvements. The revised EPS target reflects a cautious outlook, but opportunities for recovery and growth are on the horizon.

FWRD navigates freight recession, sees positive results from 'Grow Forward'

FWRD faces challenges in the freight recession but is seeing positive results from its 'Grow Forward' initiative. The company is cautious about Q3 guidance but expects positive tonnage growth and revenue improvement. Despite market challenges, FWRD maintains a strong focus on service excellence and sees opportunities for growth in the Intermodal rage business.

FWRD reports mixed Q3 performance, focuses on organic growth

FWRD's Q3 performance showed a mix of challenges and opportunities, with a focus on organic growth and service excellence. The company is navigating the pending acquisition of Omni and legal challenges while aiming for stability and corporate clarity by February 2024. FWRD is doubling down on its direct sales strategy and expects a better LTL environment in Q4.

Forward Air navigates Omni acquisition challenges, emphasizes financial metrics

Forward Air addresses challenges in Omni acquisition integration, emphasizes financial performance metrics and non-GAAP measures. Management's commitment to customer service and retention, along with credit agreement adjustments for integration efforts, highlight strategic strengths. Analyst inquiries and limited disclosure on Omni's performance present opportunities for improvement and transparency.

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In light of growth in September durable goods orders topping consensus expectations, especially in transportation equipment, five transportation companies with high profitability and are trading below their GF Value are Grupo Aeroportuario del Sureste SAB de CV (NYSE:ASR), Forward Air Corp. (NASDAQ:FWRD), Guangshen Railway Co. Ltd. (NYSE:GSH), Heartland Express Inc. (NASDAQ:HTLD) and Grupo Aeroportuario del Pacifico SAB de CV (NYSE:PAC) according to the All-in-One Screener, a GuruFocus Premium feature.

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Forward Air (FWRD) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: Forward Air (FWRD) Q3 Earnings Expected to Decline

Forward Air (NASDAQ: FWRD) provided preliminary results for the third quarter of 2020 in a Wednesday evening 8-k filed with the U.S. Securities and Exchange Commission. The Greeneville, Tennessee-based trucking company expects earnings per share of approximately 60 cents, well above the current consensus estimates ranging from 40 to 43 cents per share but lagging the 2019 third quarter's 78 cents.

Forward Air pre-announces Q3 expectations well ahead of consensus

GREENEVILLE, Tenn.--(BUSINESS WIRE)--Forward Air Corporation (NASDAQ:FWRD) will release its third quarter 2020 earnings after the market closes on Thursday, October 29, 2020 and hold a conference call to discuss those results on the following day, Friday, October 30, 2020 at 9:00 a.m. EDT. The Company's conference call will be available online on the Investor Relations portion of the Company's website at www.forwardaircorp.com, or by dialing (844) 867-6169, Access Code: 7690610. Because we use

Forward Air Corporation Announces Timing of Third Quarter 2020 Earnings Release and Conference Call

GREENEVILLE, Tenn.--(BUSINESS WIRE)--Forward Air Corporation (NASDAQ: FWRD) (the “Company” or “Forward”) is executing a growth strategy that involves organic infrastructure investments, such as the ongoing LTL network expansion, as well as inorganic investments, including acquisitions of complementary businesses. As part of the inorganic growth strategy, Forward today announced that it has entered into an agreement to acquire the assets of Value Logistics, Inc. (“Value Logistics”), a privately

Forward Air Acquires Value Logistics, Inc. to Bolster Intermodal Drayage Offering

GREENEVILLE, Tenn.--(BUSINESS WIRE)--Forward Air Corporation (NASDAQ: FWRD) (the “Company" or “Forward”) is executing a growth strategy that involves organic infrastructure investments such as the ongoing LTL network expansion, as well as inorganic investments, including acquisitions of complementary businesses. Today Forward announced an organic growth initiative, offering less-than-truckload (LTL) service in Columbia, Missouri and Roanoke, Virginia. Forward LTL will initially operate from the

Forward Air Corporation Announces New LTL Service in Columbia, MO and Roanoke, VA

GREENEVILLE, Tenn.--(BUSINESS WIRE)--Forward Air Corporation (NASDAQ: FWRD) (the “Company or “Forward”) is executing a growth strategy that involves organic infrastructure investments, such as the ongoing LTL network expansion, as well as inorganic investments, including acquisitions of complementary businesses.

Forward Air Announces Acquisition of CLW Delivery, Inc.

GREENEVILLE, Tenn.--(BUSINESS WIRE)--Forward Air Corporation (NASDAQ: FWRD) (the “Company or “Forward”) is executing a growth strategy that involves organic infrastructure investments as well as acquisitions of complementary businesses.

To Offset Rising Operating Costs and Continue Best-In-Class Expedited Service, Forward Air to Increase Surcharge on Origin California Shipments

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Forward Air Corporation (FWRD) CEO Tom Schmitt on Q2 2020 Results - Earnings Call Transcript

Forward Air Corporation (NASDAQ: FWRD) will continue to pursue the less-than-truckload (LTL) market more heavily now that the worst of the pandemic-related freight declines appear to be in the rearview mirror.

Forward Air To Expand Pursuit Of Traditional Less-Than-Truckload Market

Forward Air (FWRD) delivered earnings and revenue surprises of 73.68% and 1.70%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?

Forward Air (FWRD) Q2 Earnings and Revenues Top Estimates

GREENEVILLE, Tenn.--(BUSINESS WIRE)--Forward Air Corporation (NASDAQ:FWRD) today reported financial results for the three and six months ended June 30, 2020 as presented in the tables below on a continuing operations basis (Pool Distribution is being reported as a discontinued operation).

Forward Air Corporation Reports Second Quarter 2020 Results

Forward Announces New Chief Commercial Officer to Drive Strategic Growth

Earnings Preview: Forward Air (FWRD) Q2 Earnings Expected to Decline

GREENEVILLE, Tenn.--(BUSINESS WIRE)--Forward Air Corporation (NASDAQ:FWRD) will release its second quarter 2020 earnings after the market closes on Thursday, July 30, 2020 and hold a conference call to discuss those results on the following day, Friday, July 31, 2020 at 9:00 a.m.

Forward Air Corporation Announces Timing of Second Quarter 2020 Earnings Release and Conference Call

GREENEVILLE, Tenn. & SAVANNAH, Ga.--(BUSINESS WIRE)--Forward Air Corporation (NASDAQ: FWRD) (the “Company or “Forward”) is executing a growth strategy that involves organic infrastructure investments as well as acquisitions of complementary businesses. Today Forward announced an organic growth initiative and it will now offer less-than-truckload (LTL) service in Savannah, Georgia. Forward LTL will initially operate from the Company’s Final Mile facility in Savannah and will evaluate the future

Forward Air Corporation Announces New LTL Service in Savannah, Georgia

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Bear Of The Day: Forward Air Corp (FWRD)

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Forward Air Corp Top Buy As Demand For Delivery Increases

Forward Air Corporation (FWRD) CEO Thomas Schmitt on Q1 2020 Results - Earnings Call Transcript

Forward Air (FWRD) delivered earnings and revenue surprises of -26.83% and 0.35%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?

News for Forward Air Stock (FWRD)