Forward Air (NASDAQ: FWRD) — Company Overview, News & Financial Data
Forward Air specializes in expedited ground transportation services across the US and Canada, enhancing supply chain efficiency.
Forward Air
Forward Air (NASDAQ:FWRD) specializes in ground transportation services across the United States and Canada, catering primarily to the expedited freight market. The company operates through a comprehensive network, offering services like less-than-truckload shipping, truckload brokerage, and intermodal and pool distribution. Forward Air aims to enhance the efficiency of supply chains for its customers by leveraging its extensive network and technology-driven logistics solutions. The company continuously strives to expand its service offerings and geographic reach to meet the evolving needs of the transportation and logistics industry.
Snapshot
Operations
Products and/or services of Forward Air
- Expedited LTL (Less-Than-Truckload) services, providing fast, reliable transportation for time-sensitive shipments.
- Final Mile service, offering precise, scheduled delivery options directly to businesses or residences.
- Intermodal and Drayage services, leveraging rail and road for efficient shipping solutions.
- Truckload brokerage, connecting customers with vetted carriers for full-truckload shipments.
- Forward Air Complete, a comprehensive logistics solution that combines various services for seamless, end-to-end delivery.
- Customs brokerage service, helping clients navigate complex customs regulations for international shipments.
Forward Air executive team
- Shawn StewartPresident, CEO & Director
- Jamie G. PiersonChief Financial Officer
- Michael L. HanceChief Legal Officer & Secretary
- Eric BrandtChief Commercial Officer
- James R. FaughtChief Accounting Officer
- Lance SonsChief Information Officer
- Anthony CarrenoSenior Vice President of Treasury & Investor Relations
- Douglas J. SmithChief People Officer
- Fábio MendunekasPresident of Latin America (LATAM)
- Karl KhambattaChief Transformation Officer
Latest news about Forward Air
Dividend history
Dividends per share paid by Forward Air , by financial year.
| Financial year | Interim | Final | Special | Total |
|---|---|---|---|---|
| FY2023 | — | — | — | $0.9600 |
| FY2022 | — | — | — | $0.9600 |
| FY2021 | — | — | — | $0.8400 |
| FY2020 | — | — | — | $0.7500 |
| FY2019 | — | — | — | $0.7200 |
Key financials
Reported results for Forward Air , in USD.
- Market cap
- 592.5M
- Revenue (TTM)
- 2.5B
- P/E ratio
- —
- EPS (diluted, TTM)
- -10.4
- Dividend yield
- —
- Profit margin
- -11.4%
| Fiscal year end | Revenue | Operating income | Net income |
|---|---|---|---|
| 2.5B | 36.4M | -107.8M | |
| 2.5B | -1.1B | -817M | |
| 1.4B | 88.2M | 167.4M | |
| 1.7B | 247.6M | 193.2M |