Forward Air Corporation (FWRD) Sector
Industrials

(Current) $12.94
0.33 (2.62%) Open Price: 12.33

 

Forward Air Corporation is a logistics and freight transportation company that was founded in 1981 and is headquartered in Greeneville, Tennessee. The company specializes in providing time-definite surface transportation and related logistics services to the North American air cargo and expedited LTL market. Forward Air Corporation operates through four segments: Expedited LTL, Intermodal, Pool Distribution, and Truckload Premium Services.

 

The Expedited LTL segment offers expedited regional, inter-regional and national less-than-truckload services. The Intermodal segment offers drayage services, including container pick-up and delivery services, and dedicated and expedited services. The Pool Distribution segment provides pool distribution services through a network of terminals and service centers. The Truckload Premium Services segment provides expedited and dedicated truckload services.

 

Forward Air Corporation went public in 1992, and is traded on the NASDAQ stock exchange under the ticker symbol FWRD. As of May 2021, the company has a market capitalization of approximately $2.8 billion. Forward Air Corporation has over 5,500 employees and operates more than 90 facilities throughout the United States and Canada.

 

The company's strategic focus on time-definite transportation services has helped it establish itself as a leading provider of logistics solutions for time-sensitive and critical shipments. Forward Air Corporation has also invested in technology and automation to enhance its operations and improve efficiencies. The company's proprietary technology platforms include a transportation management system that provides real-time visibility into shipments, as well as a customer portal that allows customers to track their shipments and access billing and reporting information.

 

Forward Air Corporation has a strong reputation for customer service and reliability, and has received numerous awards for its performance and excellence in the logistics industry. The company has been recognized for its commitment to sustainability, safety, and innovation, and has received accolades from industry associations and customers alike.

 



 

(05/24/24) $12.33
(05/27/24) $12.61
(05/27/24) (Qty.)1,797,540
(05/24/24) $11.94
(05/24/24) $12.92
(05/19/24) $11.21
(05/05/24) $22.20
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