Greeneville, Tenn.-based Forward Air Corp. reported Feb. 7 fourth-quarter net income of $35.4 million, or $1.18 earnings per share, compared with $12.7 million, or 42 cents, in the fourth quarter a year ago.
February 8, 2018BusinessLogistics
Forward Air Posts Solid Year-Over-Year Gain in Profits
Forward Air Corp. had a steady third quarter with its results slightly topping analysts’ forecasts, indicating the for-hire carrier is moving at a measured pace for the year.
October 25, 2017Business
Forward Air Reverses Second-Quarter Net Loss in 2016, Posts Nearly $20 Million in Profits
Forward Air Corp. recovered strongly after a $10 million loss one year ago, posting a profit of $19.6 million or 64 cents per share for the three-month period ending June 30.
July 26, 2017BusinessLogistics
Forward Air Closes Deal With Atlantic Trucking Co.
Forward Air Corp. has acquired the assets of Atlantic Trucking Co. in a deal finalized May 18, just more than one month after it was first announced.
May 19, 2017BusinessLogistics
Truckload Profits Fall at TFI, Knight, Patriot Transportation; Rise at Forward Air
Truckload carriers continued to struggle as three out of four companies reported lower quarterly earnings versus 2016 levels as the industry struggles with excess capacity and lower prices.
April 26, 2017BusinessLogistics
Forward Air Acquires Assets of Atlantic Trucking Co.
Forward Air Corp. moved to expand its intermodal trucking business in the southeastern United States with the purchase of substantially all of the assets of Atlantic Trucking Co. and its affiliates in Charleston, S.C.
April 11, 2017BusinessLogistics
Forward Air Lowers Third-Quarter Projection, Blaming Tough LTL Market
Forward Air Corp. lowered its third-quarter earnings projections, no longer confident that it’ll generate more revenue than the same period in 2015, the company announced on Sept. 20.
September 20, 2016BusinessLogistics
Forward Air to Expand Footprint in Tennessee
Forward Air Corp. is investing $4.3 million toward renovating a new office in Greeneville, Tennessee, which will add 105 new jobs over the next five years.
August 11, 2016BusinessLogistics
Jewell, Ruble Promoted at Forward Air
Forward Air Corp. has appointed new presidents for two divisions, effective Jan. 1, selecting Matthew Jewell to head its intermodal unit and Chris Ruble to lead the expedited services unit.
December 14, 2015BusinessLogistics
Forward Air Acquires Intermodal Firm for $5.75 Million
Forward Air Corp. said subsidiary Central States Trucking Co. acquired the assets of Multi-Modal Trucking Inc. and Multi-Modal Services Inc. for $5.75 million.
November 4, 2014