GREENEVILLE, Tenn.--(BUSINESS WIRE)--Forward Air Corporation (NASDAQ: FWRD) (“Forward Air” or the “Company”) today announced several awards highlighting the Company's exceptional customer service, operational excellence, and strong commitment to its partners. These honors emphasize the impact Forward Air has on the industry and the value the Company continues to deliver to its customers. Omni Logistics (a Forward Air company) has been named the 2024 International and Domestic Forwarder of the Y.
Private equity firms including Blackstone and Apollo Global Management have expressed interest in acquiring U.S. trucker Forward Air , people familiar with the matter said.
Forward Air's Q1 2025 results show margin recovery, improved free cash flow, and strong liquidity, despite an adjusted EPS loss and stock price decline. The Omni Logistics acquisition has transformed Forward Air into a global logistics leader, driving revenue growth and operational synergies. Risks include high leverage, integration challenges, and activist pressure for a sale, but robust liquidity and operational improvements support a hold rating, so to Hold the stock.
![]() FA2 21 Nov 2023 | Other | €0.22 Per Share |
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![]() FA2 21 Nov 2023 | Other | €0.22 Per Share |
![]() FA2 16 Aug 2023 | Other | €0.22 Per Share |
![]() FA2 24 May 2023 | Other | €0.22 Per Share |
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Integrated Freight & Logistics Industry | Industrials Sector | Mr. Shawn Stewart CEO | XFRA Exchange | US3498531017 ISIN |
US Country | 6,319 Employees | 7 Dec 2023 Last Dividend | 4 Apr 2005 Last Split | 16 Nov 1993 IPO Date |
Forward Air Corporation, along with its subsidiaries, stands as a preeminent asset-light freight and logistics entity operating within the United States and Canada. With a foundation laid in 1981 and based in Greeneville, Tennessee, the company carves a niche in the logistics sector by offering a broad spectrum of expedited transportation and logistics solutions. It orchestrates its operations through two critical segments: Expedited Freight and Intermodal, catering to a diverse clientele that includes freight forwarders, third-party logistics companies, integrated air cargo carriers, passenger and cargo airlines, steamship lines, and retailers. Forward Air Corporation's strategic approach combines speed, efficiency, and geographical reach to deliver outstanding service and value to its customers.
Forward Air Corporation's array of services is categorized into two main segments, each offering specialized freight and logistics solutions: