Forward Air Corporation (FWRD) Stock

Forward Air Corporation, along with its subsidiaries, operates as a freight and logistics company with a focus on asset-light operations throughout the United States and Canada.

The company operates primarily through two segments: Expedited Freight and Intermodal. The Expedited Freight segment specializes in offering regional, inter-regional, and national less-than-truckload (LTL) services, including local pick-up and delivery. Additionally, it provides final mile delivery, truckload brokerage, dedicated fleet services, and logistics solutions that encompass shipment consolidation, warehousing, customs brokerage, and specialized handling such as high-security and temperature-controlled logistics.

In the Intermodal segment, Forward Air Corporation offers intermodal container drayage services, managing the transportation of containers between ports, rail yards, and customer locations. It also provides contract logistics services and operates container freight stations for efficient warehousing and handling of goods.

Founded in 1981 and headquartered in Greeneville, Tennessee, Forward Air serves a diverse customer base including freight forwarders, third-party logistics companies, air cargo carriers, passenger airlines, steamship lines, and retailers. The company leverages its extensive network and expertise in expedited freight and intermodal services to deliver reliable and efficient transportation and logistics solutions tailored to meet the evolving needs of its clients across North America.