Forward Air Corporation is an asset-light freight and logistics operator providing transportation and supply chain services across North America, Europe, Asia, and Mexico. The company arranges freight movement and logistics solutions for air cargo carriers, freight forwarders, third-party logistics providers, airlines, steamship lines, and retailers.
The company operates three primary business segments. Expedited Freight handles regional, inter-regional, and national less-than-truckload services alongside local pick-up and delivery, with additional capabilities in shipment consolidation, warehousing, customs brokerage, expedited truckload brokerage, and temperature-controlled logistics. Omni Logistics provides global logistics services including air and ocean freight consolidation and forwarding, customs brokerage, warehousing and distribution, time-definite transportation, and broader supply chain solutions. The Intermodal segment manages intermodal container drayage services and operates container freight station warehouse and handling facilities.
Forward Air operates with approximately 6,000 full-time employees and maintains headquarters in Greeneville, Tennessee. The company was incorporated in Delaware and is listed on Nasdaq with a market capitalization of $0.8 billion. It was founded in 1981.
Fiscal years are as reported by the company and may not align with the calendar year. For example, Apple's FY 2024 ends in September 2024.
| Fiscal Year | EPS Diluted | EPS Basic | YoY | |
|---|---|---|---|---|
| 2024 | $-1.24 | $-1.24 | -131.6% | |
| 2023 | $3.93 | $3.94 | -45.0% | |
| 2022 | $7.14 | $7.17 | +85.5% | |
| 2021 | $3.85 | $3.87 | +2364.7% | |
| 2020 | $-0.17 | $-0.17 | -120.0% | |
| 2019 | $0.85 | $0.86 | -10.5% | |
| 2018 | $0.95 | $0.95 | -19.5% | |
| 2017 | $1.18 | $1.19 | +181.0% | |
| 2016 | $0.42 | $0.42 | -44.0% | |
| 2015 | $0.75 | $0.75 | +36.4% | |
| 2014 | $0.55 | $0.56 | +10.0% | |
| 2013 | $0.50 | $0.51 | -7.4% | |
| 2012 | $0.54 | $0.55 | +8.0% | |
| 2011 | $0.50 | $0.51 | -54.5% | |
| 2010 | $1.10 | $1.11 | — |
| Report Date | Filed | Accession Number | |
|---|---|---|---|
| 2024-12-31 | 2025-03-24 | 0001628280-25-014482 | SEC ↗ |
| 2023-12-31 | 2024-03-15 | 0001628280-24-011530 | SEC ↗ |
| 2022-12-31 | 2023-03-01 | 0001628280-23-005879 | SEC ↗ |
| 2021-12-31 | 2022-03-01 | 0001628280-22-004570 | SEC ↗ |
| 2020-12-31 | 2021-03-01 | 0000912728-21-000053 | SEC ↗ |
| 2019-12-31 | 2020-02-24 | 0000912728-20-000033 | SEC ↗ |
| 2018-12-31 | 2019-02-20 | 0000912728-19-000047 | SEC ↗ |
| 2017-12-31 | 2018-02-23 | 0000912728-18-000051 | SEC ↗ |
| 2016-12-31 | 2017-02-22 | 0000912728-17-000036 | SEC ↗ |
| 2015-12-31 | 2016-02-19 | 0000912728-16-000196 | SEC ↗ |
| 2014-12-31 | 2015-02-20 | 0000912728-15-000058 | SEC ↗ |