FWRD - Earnings announcements

Expedited Freight Segment's Results Improve Year Over Year and Sequentially Liquidity Remains Strong Increasing to Over $400 Million Provides Update on Customer and Strategic Alternatives Review Forward Air Corporation (NASDAQ:FWRD) (the "Company", "Forward", "we", "our", or "us") today reported financial results for the three months ended March 31, 2026, as presented in the tables below. "During the first quarter, we stayed focused on the customer and providing award-winning service," said Shawn Stewart, President & Chief Executive Officer. "And as a result, operating income improved to $20 million compared to $5 million in the first quarter a year ago. "On a segment basis, the E

Forward Air Corporation (NASDAQ:FWRD) ("Forward" or the "Company") will release its first quarter 2026 earnings after the market closes on Thursday, May 7, 2026, and hold a conference call to discuss those results at 4:30 p.m. ET. The Company's conference call will be available online on the Investor Relations portion of the Company's website at ir.forwardaircorp.com or by dialing (800) 579-2543, Access Code: FWRDQ126. A conference call replay will be available on the Investor Relations portion of the Company's website at ir.forwardaircorp.com shortly after the call is completed. About Forward Air Corporation Forward Air is a leading asset-light provider of transportation services acros

Omni Segment Reports Another Strong Quarter with Best Results Since the Acquisition Expedited Freight Segment's Quarterly Results Significantly Improved Year Over Year Ended 2025 in a Solid Liquidity Position Forward Air Corporation (NASDAQ:FWRD) (the "Company", "we", "our", or "us") today reported financial results for the three months and twelve months ended December 31, 2025, as presented in the tables below. "We delivered solid results in 2025 despite less than favorable freight market conditions," said Shawn Stewart, President & Chief Executive Officer. "For the full year we reported operating income of $36 million and Consolidated EBITDA of $307 million. During the year we dil

Forward Air Corporation (NASDAQ:FWRD) ("Forward" or the "Company") will release its fourth quarter and full year 2025 earnings after the market closes on Monday, February 23, 2026, and hold a conference call to discuss those results at 4:30 p.m. ET. The Company's conference call will be available online on the Investor Relations portion of the Company's website at ir.forwardaircorp.com or by dialing (800) 579-2543, Access Code: FWRDQ425. A conference call replay will be available on the Investor Relations portion of the Company's website at ir.forwardaircorp.com shortly after the call is completed. About Forward Air Corporation Forward Air is a leading asset-light provider of transporta

Omni Segment Reports Strongest Results Since the Acquisition Continued Stable to Improving Margins at the Expedited Freight Segment Strong Cash From Operations Contributing to Liquidity in Excess of $400 million Forward Air Corporation (NASDAQ:FWRD) (the "Company", "we", "our", or "us") today reported financial results for the three months ended September 30, 2025, as presented in the tables below. "I am pleased with Forward Air's performance, delivering another consecutive quarter of solid results, which we achieved in the face of an extended freight recession," said Shawn Stewart, Chief Executive Officer. "In the third quarter, we reported operating income of $15 million and Consolida

Forward Air Corporation (NASDAQ:FWRD) ("Forward" or the "Company") will release its third quarter earnings after the market closes on Wednesday, November 5, 2025, and hold a conference call to discuss those results at 4:30 p.m. ET. The Company's conference call will be available online on the Investor Relations portion of the Company's website at ir.forwardaircorp.com or by dialing (800) 267-6316, Access Code: FWRDQ325. A conference call replay will be available on the Investor Relations portion of the Company's website at ir.forwardaircorp.com shortly after the call is completed. About Forward Air Corporation Forward Air is a leading asset-light provider of transportation services acro

Consolidated Revenue and Operating Income Improved Sequentially Expedited Freight Segment Reports Highest Reported EBITDA Margin in Six Quarters Forward Air Corporation (NASDAQ:FWRD) (the "Company", "we", "our", or "us") today reported financial results for the three months ended June 30, 2025, as presented in the tables below. "We posted yet another solid quarter; even in this challenging environment, our team continues to deliver," said Shawn Stewart, Chief Executive Officer. "Operationally, we remained focused on the customer and executed well in our linehaul and terminal operations. By tightly managing costs and improving most of our operating KPIs, we have improved margins in our

Forward Air Corporation (NASDAQ:FWRD) ("Forward" or the "Company") will release its second quarter earnings after the market closes on Monday, August 11, 2025, and hold a conference call to discuss those results at 4:30 p.m. ET. The Company's conference call will be available online on the Investor Relations portion of the Company's website at ir.forwardaircorp.com or by dialing (800) 267-6316, Access Code: FWRDQ225. A conference call replay will be available on the Investor Relations portion of the Company's website at ir.forwardaircorp.com shortly after the call is completed. About Forward Air Corporation Forward Air is a leading asset-light provider of transportation services across

Consolidated Financial Results Improved Year-Over-Year Operational Execution Leads to Sequential Pricing and Margin Improvement at the Expedited Freight Segment Strong Liquidity Position Increased to $393 Million Forward Air Corporation (NASDAQ:FWRD) (the "Company", "Forward", "we", "our", or "us") today reported financial results for the three months ended March 31, 2025 as presented in the tables below. "Our team made progress in the first quarter by focusing our efforts on meeting customers' needs with award-winning service and solid operational execution," said Shawn Stewart, Chief Executive Officer. "I am proud of our team's ability to manage through a backdrop of economic and tari

Expects Stronger Liquidity on Sequential Basis Estimates 1Q25 Consolidated EBITDA to Be Between $54 Million to $59 Million Estimates That Between 10% to 15% of 2024 Revenues Would Have Been Impacted by Recently Announced Tariffs Forward Air Corporation (NASDAQ:FWRD) (the "Company", "Forward Air", "we", "our", or "us") today reported preliminary financial results for the three months ended March 31, 2025 and an estimate of revenue from shipments that may be impacted by the tariffs under the International Emergency Economic Powers Act ("IEEPA") order announced on April 2, 2025. For the three months ended March 31, 2025, preliminary Consolidated EBITDA, a non-GAAP measure calculated pursua

Full year results near the top end of guidance range Executed more than $100 million in annualized cost synergies in first year following Omni transaction Transitioning from Integration to Transformation Forward Air Corporation (NASDAQ:FWRD) (the "Company", "Forward Air", "we", "our", or "us") today reported financial results for the three and twelve months ended December 31, 2024 as presented in the tables below on a continuing operations basis, with the Company's former Final Mile business being reported as discontinued operations. "As we turn the page on the first year operating as a combined company following the acquisition of Omni, I want to express my gratitude to our associa

Forward Air Corporation (NASDAQ:FWRD) ("Forward" or the "Company") will release its fourth quarter and full year 2024 earnings after the market closes on Wednesday, February 26, 2025, and hold a conference call to discuss those results at 4:30 p.m. ET. The Company's conference call will be available online on the Investor Relations portion of the Company's website at ir.forwardaircorp.com or by dialing (800) 445-7795, Access Code: FWRDQ424. A conference call replay will be available on the Investor Relations portion of the Company's website at ir.forwardaircorp.com shortly after the call is completed. About Forward Air Corporation Forward Air is a leading asset-light provider of transpo

Focus pivoting from completing Omni integration and capturing cost synergies to global transformation Stronger cash flow from operations led to increase in liquidity Announces addition of new Chief Commercial Officer Forward Air Corporation (NASDAQ:FWRD) (the "Company", "we", "our", or "us") today reported financial results for the three months ended September 30, 2024, as presented in the tables below on a continuing operations basis, with the Company's former Final Mile business being reported as discontinued operations. "Our team continues to focus on harnessing the power of the combined legacy Forward and Omni companies as we begin the transition from integration to transformation a

Forward Air Corporation (NASDAQ:FWRD) ("Forward" or the "Company") will release its third quarter 2024 earnings after the market closes on Monday, November 4, 2024, and hold a conference call to discuss those results at 4:30 p.m. ET. The Company's conference call will be available online on the Investor Relations portion of the Company's website at ir.forwardaircorp.com or by dialing (800) 225-9448, Access Code: FWRDQ324. A conference call replay will be available on the Investor Relations portion of the Company's website at ir.forwardaircorp.com shortly after the call is completed. About Forward Air Corporation Forward Air is a leading asset-light provider of transportation services acro

Positive momentum despite softness in freight market Continues to accelerate integration, synergy capture and cost elimination Forward Air Corporation (NASDAQ:FWRD) (the "Company", "we", "our", or "us") today reported financial results for the three months ended June 30, 2024, as presented in the tables below on a continuing operations basis, with the Company's former Final Mile business being reported as discontinued operations. Shawn Stewart, Forward's recently appointed Chief Executive Officer, said, "As a result of the Omni transaction, the combined company now has a unique platform to drive long-term growth through continued best in class domestic expedited and intermodal service

Forward Announces 2Q24 Earnings Call To Be Held August 7, 2024 Forward Air Corporation (NASDAQ:FWRD) ("Forward" or the "Company") will release its second quarter 2024 earnings after the market closes on Wednesday, August 7, 2024, and hold a conference call to discuss those results at 4:30 p.m. ET. The Company's conference call will be available online on the Investor Relations portion of the Company's website at ir.forwardaircorp.com or by dialing (800) 343-4136, Access Code: FWRDQ224. A conference call replay will be available on the Investor Relations portion of the Company's website at ir.forwardaircorp.com shortly after the call is completed. About Forward Air Corporation Forward

Consolidated EBITDA Increases from $300 Million to $324 Million Following Addition of Allowable Addbacks Forward Air Corporation (NASDAQ:FWRD) (the "Company", "Forward", "we", "our", or "us") today announced updates to certain previously released non-GAAP financial measures for the twelve months ended March 31, 2024, to include adjustments to the previously released non-GAAP financial measures. When Forward released first quarter 2024 earnings on May 8, 2024, the Company made available to investors a conference call presentation, page 19 of which set forth a calculation intended to provide visibility into the Company's calculation of "Consolidated EBITDA" under the Company's existing cr

Industry veteran Shawn Stewart appointed as Chief Executive Officer First quarter results impacted by elongated weak freight market and Omni Logistics deal closing Cost synergy realization in line with initial diligence estimates Preliminary April results providing early indication of improvement Forward Air Corporation (NASDAQ:FWRD) (the "Company", "Forward", "we", "our", or "us") today reported financial results for the three months ended March 31, 2024 as presented in the tables below on a continuing operations basis (Final Mile is being reported as a discontinued operations). Recently appointed Chief Executive Officer Shawn Stewart, said, "It is a privilege to be leading Forwa

Forward Air Corporation (NASDAQ:FWRD) ("Forward" or the "Company") today announced that Shawn Stewart has been named Chief Executive Officer and a Director of the Board, effective April 28, 2024. Michael Hance, who served as Interim CEO, will continue to serve as Chief Legal Officer and Secretary. Mr. Stewart is a seasoned executive with nearly three decades of experience in logistics and transportation. During his tenure at CEVA Logistics, a global end-to-end logistics company, Mr. Stewart held numerous leadership positions and most recently served as President and Managing Director, North America. In this role, Mr. Stewart spearheaded the growth and development of the region, overseeing

Less-than-Truckload Volume Trending Positive Executing Comprehensive Efforts to Integrate Omni Logistics Continued Strong Commitment to Delivering Exceptional Service to Customers Forward Air Corporation (NASDAQ:FWRD) (the "Company", "we", "our", or "us") today reported financial results for the three and twelve months ended December 31, 2023 as presented in the tables below on a continuing operations basis (Final Mile is being reported as a discontinued operation). Michael Hance, Interim Chief Executive Officer said, "Execution of our revenue growth strategies in the fourth quarter led to positive volume trends and improved freight quality metrics. While the softer freight conditio

Forward Air Corporation (NASDAQ:FWRD) will release its fourth quarter 2023 earnings after the market closes on Wednesday, February 21, 2024 and hold a conference call to discuss those results on the following day, Thursday, February 22, 2024 at 9:00 a.m. ET. The Company's conference call will be available online on the Investor Relations portion of the Company's website at ir.forwardaircorp.com, or by dialing (877) 336-4440, Access Code: 5236215. Since we use our Investor Relations website as a primary mechanism to communicate with our investors, investors are urged to monitor the Investor Relations portion of the Company's website to easily find or navigate to current and pertinent informa

Strong momentum in LTL volumes Growth with LTL freight forwarders and direct shippers Continued weak demand for intermodal and truckload brokerage services Forward Air Corporation (NASDAQ:FWRD) (the "Company", "we", "our", or "us") today reported financial results for the three and nine months ended September 30, 2023 as presented in the tables below. Tom Schmitt, Chairman, President and CEO, commenting on third quarter results said, "Precision execution of our revenue growth strategies led to positive volume trends and improved freight quality metrics. In the first weeks of the fourth quarter, we have seen continued momentum with +6% pounds per day growth over the same period in th

Forward Air Corporation (NASDAQ:FWRD) will release its third quarter 2023 earnings after the market closes on Monday, October 30, 2023 and hold a conference call to discuss those results on the following day, Tuesday, October 31, 2023 at 9:00 a.m. ET. The Company's conference call will be available online on the Investor Relations portion of the Company's website at ir.forwardaircorp.com, or by dialing (844) 767-5679, Access Code: 7274129. Since we use our Investor Relations website as a primary mechanism to communicate with our investors, investors are urged to monitor the Investor Relations portion of the Company's website to easily find or navigate to current and pertinent information ab

Further Strengthens Forward's Status as an LTL Provider of Choice to Expedited Freight Customers Combines Complementary Service Offerings of Two Businesses with Proven Track Records Omni Team, Customer Base, and Commercial Engine to Accelerate Forward's Long-Term Growth Potential Delivers Meaningful Cash EPS Accretion with an Opportunity to Achieve up to $125 Million in Run-Rate EBITDA Synergies Through Cost Savings and Revenue Enhancement Strong Cash Flow Generation Provides Flexibility for Rapid De-Leveraging and Continued Dividend Payments to Forward Shareholders Companies to Host Conference Call Today at 9:30 a.m. ET to Discuss Transaction Forward Air Corporation (NASDAQ:FWR

Forward Air Corporation (NASDAQ:FWRD) will release its second quarter 2023 earnings after the market closes on Wednesday, August 2, 2023 and hold a conference call to discuss those results on the following day, Thursday, August 3, 2023 at 9:00 a.m. ET. The Company's conference call will be available online on the Investor Relations portion of the Company's website at ir.forwardaircorp.com, or by dialing (877) 336-4440, Access Code: 6257043. Since we use our Investor Relations website as a primary mechanism to communicate with our investors, investors are urged to monitor the Investor Relations portion of the Company's website to easily find or navigate to current and pertinent information a

Net income per diluted share of $1.37 exceeds guidance range Record level quality of freight positions Forward well Forward Air Corporation (NASDAQ:FWRD) (the "Company", "we", "our", or "us") today reported financial results for the three months ended March 31, 2023 as presented in the tables below. Tom Schmitt, Chairman, President and CEO, commenting on first quarter results said, "Our reported net income per diluted share of $1.37 exceeded the high end of our $1.30 to $1.34 guidance range. Having said that, we would not have made guidance if not for a one-time benefit of approximately $0.24 from the substantial reversal of an accrual for an incentive plan established for employees i

Forward Air Corporation (NASDAQ:FWRD) will release its first quarter 2023 earnings after the market closes on Monday, May 1, 2023 and hold a conference call to discuss those results on the following day, Tuesday, May 2, 2023 at 9:00 a.m. ET. The Company's conference call will be available online on the Investor Relations portion of the Company's website at ir.forwardaircorp.com, or by dialing (877) 336-4436, Access Code: 2402511. Since we use our Investor Relations website as a primary mechanism to communicate with our investors, investors are urged to monitor the Investor Relations portion of the Company's website to easily find or navigate to current and pertinent information about us. A

Record fourth quarter and full year revenue, operating income and net income per diluted share Full year revenue growth of 18.7%, operating margin expansion of 390 basis points and net income per diluted share growth of 69.2% Forward Air Corporation (NASDAQ:FWRD) (the "Company," "we," "our," or "us") today reported financial results for the three and twelve months ended December 31, 2022 as presented in the tables below on a continuing operations basis. Tom Schmitt, Chairman, President and CEO, commenting on fourth quarter and full year 2022 results from continuing operations said, "We had a record fourth quarter and a record year by a mile. For that, I extend my thanks to our amazing em

Forward Air Corporation (NASDAQ:FWRD) will release its fourth quarter 2022 earnings after the market closes on Wednesday, February 8, 2023 and hold a conference call to discuss those results on the following day, Thursday, February 9, 2023 at 9:00 a.m. ET. The Company's conference call will be available online on the Investor Relations portion of the Company's website at ir.forwardaircorp.com, or by dialing (877) 226-8189, Access Code: 8042513. Since we use our Investor Relations website as a primary mechanism to communicate with our investors, investors are urged to monitor the Investor Relations portion of the Company's website to easily find or navigate to current and pertinent informati

Third quarter all-time record reported revenue, income from operations and net income per diluted share Guides record fourth quarter revenue and net income per diluted share Forward Air Corporation (NASDAQ:FWRD) (the "Company", "we", "our", or "us") today reported financial results for the three and nine months ended September 30, 2022 as presented in the tables below on a continuing operations basis. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20221026005979/en/Forward Air Corporation Reports Third Quarter 2022 Results (Photo: Business Wire) Tom Schmitt, Chairman, President and CEO, commenting on third quarter results from co

Forward Air Corporation (NASDAQ:FWRD) will release its third quarter 2022 earnings after the market closes on Wednesday, October 26, 2022 and hold a conference call to discuss those results on the following day, Thursday, October 27, 2022 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) 291-5490, Access Code: 6420664. Since we use our Investor Relations website as a primary mechanism to communicate with our investors, investors are urged to monitor the Investor Relations portion of the Company's website to easily find or navigate to current and pertinent informat

All-time record quarterly reported revenue, income from operations and net income per diluted share Guides record third quarter revenue and net income per diluted share Forward Air Corporation (NASDAQ:FWRD) (the "Company", "we", "our", or "us") today reported financial results for the three and six months ended June 30, 2022 as presented in the tables below on a continuing operations basis. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220727005998/en/Forward Air Corporation Reports Second Quarter 2022 Results (Photo: Business Wire) Tom Schmitt, Chairman, President and CEO, commenting on second quarter results from continuing

Forward Air Corporation (NASDAQ:FWRD) will release its second quarter 2022 earnings after the market closes on Wednesday, July 27, 2022 and hold a conference call to discuss those results on the following day, Thursday, July 28, 2022 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) 867-6163, Access Code: 4227639. Since we use our Investor Relations website as a primary mechanism to communicate with our investors, investors are urged to monitor the Investor Relations portion of the Company's website to easily find or navigate to current and pertinent information a

All-time record quarterly reported revenue, income from operations and net income per diluted share Guides record second quarter revenue and net income per diluted share Forward Air Corporation (NASDAQ:FWRD) (the "Company", "we", "our", or "us") today reported financial results for the three months ended March 31, 2022 as presented in the tables below on a continuing operations basis. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220427006050/en/Forward Air Corporation Reports First Quarter 2022 Results (Photo: Business Wire) Tom Schmitt, Chairman, President and CEO, commenting on first quarter results from continuing operatio

Forward Air Corporation (NASDAQ:FWRD) will release its first quarter 2022 earnings after the market closes on Wednesday, April 27, 2022 and hold a conference call to discuss those results on the following day, Thursday, April 28, 2022 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) 721-7237, Access Code: 7291478. Since we use our Investor Relations website as a primary mechanism to communicate with our investors, investors are urged to monitor the Investor Relations portion of the Company's website to easily find or navigate to current and pertinent information

Reports all-time quarterly record revenue, net income and net income per diluted share Guides strong first quarter revenue and net income per diluted share Announces 14% dividend increase Forward Air Corporation (NASDAQ:FWRD) (the "Company", "we", "our", or "us") today reported financial results for the three and twelve months ended December 31, 2021 as presented in the tables below on a continuing operations basis (Pool Distribution was previously reported as a discontinued operation). This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220209006084/en/Forward Air Corporation Reports Fourth Quarter 2021 Results (Photo: Business Wi

Forward Air Corporation (NASDAQ:FWRD) will release its fourth quarter 2021 earnings after the market closes on Wednesday, February 9, 2022 and hold a conference call to discuss those results on the following day, Thursday, February 10, 2022 at 9:00 a.m. EST. 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: 3231672. Since we use our Investor Relations website as a primary mechanism to communicate with our investors, investors are urged to monitor the Investor Relations portion of the Company's website to easily find or navigate to current and pertinent inform

Achieves highest ever monthly net income for the month of September Reports record quarterly income from operations and net income per diluted share Guides record full year 2021 revenue and net income per diluted share Forward Air Corporation (NASDAQ:FWRD) (the "Company", "we", "our", or "us") today reported financial results for the three and nine months ended September 30, 2021 as presented in the tables below on a continuing operations basis (Pool Distribution was previously reported as a discontinued operation). This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20211027006187/en/Forward Air Corporation Reports Third Quarter 202

Forward Air Corporation (NASDAQ:FWRD) will release its third quarter 2021 earnings after the market closes on Wednesday, October 27, 2021 and hold a conference call to discuss those results on the following day, Thursday, October 28, 2021 at 9:00 a.m. EDT. The Company's conference call will be available online on the Investor Relations portion of Forward Air's website at www.forwardaircorp.com, or by dialing (877) 226-8189, Access Code: 2220892. Since we use our Investor Relations website as a primary mechanism to communicate with our investors, investors are urged to monitor the Investor Relations portion of the Company's website to easily find and navigate to current and pertinent informa