Articles from Forward Air Corporation

Forward Air Corporation (NASDAQFWRD) (“Forward”) announced today the release of its updated Environmental, Social and Governance (ESG) report, providing a detailed overview of its ESG commitments, goals and progress.

Forward Air Corporation (NASDAQFWRD) (the “Company” or “Forward”) hosted the third annual Drive for Hope Golf Tournament November 11-12 at Chateau Elan Winery & Resort in Braselton, GA. Through its charitable platform, Operation Forward Freedom, the Company raised $350,000 to benefit Hope For The Warriors.

Forward Air Corporation (NASDAQFWRD) (the “Company” or “Forward”) today announced that Eric Brandt has joined the Company as Chief Commercial Officer to lead its strategic growth plan and business development efforts.

Forward Air Corporation (NASDAQFWRD) (the “Company”, “we”, “our”, or “us”) today reported financial results for the three months ended September 30, 2024, as presented in the tables below on a continuing operations basis, with the Company’s former Final Mile business being reported as discontinued operations.

Forward Air Corporation (NASDAQFWRD) (“Forward” or the “Company”) will release its third quarter 2024 earnings after the market closes on Monday, November 4, 2024, and hold a conference call to discuss those results at 4:30 p.m. ET. The Company’s conference call will be available online on the Investor Relations portion of the Company’s website at ir.forwardaircorp.com or by dialing (800) 225-9448, Access Code: FWRDQ324. A conference call replay will be available on the Investor Relations portion of the Company’s website at ir.forwardaircorp.com shortly after the call is completed.

Forward Air Corporation (NASDAQFWRD) (the “Company”) today issued the following statement:

Forward Air Corporation (NASDAQFWRD) (the “Company”, “Forward”, “we”, “our”, or “us”) today announced that Jerome Lorrain has been appointed to Forward’s Board of Directors (the “Board”) effective October 1, 2024.

Forward Air Corporation (NASDAQFWRD) (the “Company”, “we”, “our”, or “us”) today reported financial results for the three months ended June 30, 2024, as presented in the tables below on a continuing operations basis, with the Company’s former Final Mile business being reported as discontinued operations.

Forward Air Corporation (NASDAQFWRD) (“Forward” or the “Company”) will release its second quarter 2024 earnings after the market closes on Wednesday, August 7, 2024, and hold a conference call to discuss those results at 4:30 p.m. ET. The Company’s conference call will be available online on the Investor Relations portion of the Company’s website at ir.forwardaircorp.com or by dialing (800) 343-4136, Access Code: FWRDQ224. A conference call replay will be available on the Investor Relations portion of the Company’s website at ir.forwardaircorp.com shortly after the call is completed.

Forward Air Corporation (NASDAQFWRD) (“Forward” or the “Company”) announced a trifecta of achievements highlighting the company's leadership, operational expertise, and commitment to exceptional customer service. These accolades underscore Forward’s position as an industry leader and its commitment to delivering premier service and exceptional value to its customers.

Forward Air Corporation (NASDAQFWRD) (“Forward” or the “Company”) announced the appointment of Jamie G. Pierson as permanent Chief Financial Officer and James Faught as Chief Accounting Officer, effective July 3, 2024. Mr. Pierson was originally named interim Chief Financial Officer on May 20, 2024. Mr. Faught joins the Company from EVO Transportation where he served as CFO.

Forward Air Corporation (NASDAQFWRD) (the “Company”, “Forward”, “we”, “our”, or “us”) today announced updates to certain previously released non-GAAP financial measures for the twelve months ended March 31, 2024, to include adjustments to the previously released non-GAAP financial measures.

Forward Air Corporation (NASDAQFWRD) (“Forward” or the “Company”) today announced the appointment of Jamie G. Pierson as interim Chief Financial Officer effective May 20, 2024. Mr. Pierson succeeds Rebecca Garbrick, who is departing the Company. Ms. Garbrick will remain with the Company to assist with the transition.

Forward Air Corporation (NASDAQFWRD) (the “Company”, “we”, “our”, or “us”) today announced the filing of its definitive proxy statement with the Securities and Exchange Commission (“SEC”) on May 20, 2024 in preparation for its upcoming annual shareholder meeting, which will be held on June 3, 2024 for shareholders as of the March 25, 2024 record date.

Forward Air Corporation (NASDAQFWRD) (the “Company”, “Forward”, “we”, “our”, or “us”) today reported financial results for the three months ended March 31, 2024 as presented in the tables below on a continuing operations basis (Final Mile is being reported as a discontinued operations).

Forward Air Corporation (NASDAQFWRD) (the “Company”) announced that it granted equity awards on April 29, 2024 as a material inducement to employment of the newly-hired Chief Executive Officer, Shawn Stewart.

Forward Air Corporation (NASDAQFWRD) (“Forward” or the “Company”) today announced that Shawn Stewart has been named Chief Executive Officer and a Director of the Board, effective April 28, 2024. Michael Hance, who served as Interim CEO, will continue to serve as Chief Legal Officer and Secretary.

Forward Air Corporation (NASDAQFWRD) (“Forward” or “the Company”) is pleased to announce that four leaders have been recognized for outstanding achievements in their respective spaces.

Forward Air Corporation (NASDAQFWRD) (the “Company”, “we”, “our”, or “us”) today reported financial results for the three and twelve months ended December 31, 2023 as presented in the tables below on a continuing operations basis (Final Mile is being reported as a discontinued operation).

Forward Air Corporation (NASDAQFWRD) (“Forward” or “the Company”) today changed the date for the release of its fourth quarter 2023 earnings.

Forward Air Corporation (NASDAQFWRD) (“Forward” or “the Company”) today announced several updates to its senior management team and Board of Directors (“the Board”).

Forward Air Corporation (NASDAQFWRD) (“Forward”) today provided the following LTL Expedited Freight operating statistics for January 2024.

Forward Air Corporation (NASDAQFWRD) will release its fourth quarter 2023 earnings after the market closes on Wednesday, February 21, 2024 and hold a conference call to discuss those results on the following day, Thursday, February 22, 2024 at 9:00 a.m. ET. The Company’s conference call will be available online on the Investor Relations portion of the Company’s website at ir.forwardaircorp.com, or by dialing (877) 336-4440, Access Code: 5236215. Since we use our Investor Relations website as a primary mechanism to communicate with our investors, investors are urged to monitor the Investor Relations portion of the Company’s website to easily find or navigate to current and pertinent information about us. A replay of the conference call will be available on the Investor Relations portion of the Company’s website at ir.forwardaircorp.com beginning shortly after completion of the live call.

Forward Air Corporation (NASDAQFWRD) (“Forward” or “the Company”) today announced that it has completed its previously announced acquisition of Omni Logistics, LLC (“Omni”).

Forward Air Corporation (NASDAQFWRD) (“Forward”) today announced an agreement with Omni Logistics, LLC (“Omni”), a private company that is majority owned by Ridgemont Equity Partners (“Ridgemont”) and EVE Partners, LLC (“EVE”), to amend the terms of the existing merger agreement relating to their previously announced acquisition. This agreement ends the litigation between the parties, which will now be dismissed.

Forward Air Corporation (NASDAQFWRD) (the “Company” or “Forward”) is pleased to announce the sale of its Final Mile business to Hub Group, Inc. for an estimated total cash consideration of $262 million. For the twelve months ended September 30, 2023, Final Mile generated approximately $289 million in revenue. Final Mile has approximately 45 locations and more than 640 employees that will transfer to Hub Group, Inc.

Forward Air Corporation (NASDAQFWRD) (the “Company” or “Forward”) today announced a 5.9 percent general rate increase (GRI) on any shipments tendered on or after February 5, 2024.

Forward Air Corporation (NASDAQFWRD) (the “Company”, “Forward”, “we”, “our”, or “us”) today provided the following key Expedited Freight operating statistics for the quarter-to-date period through November 2023. Weight per shipment increased 11.0%, revenue per shipment excluding fuel increased 2.6% and pounds per day increased 5.5%, all over the same period last year.

Forward Air Corporation (NASDAQFWRD) (the “Company” or “Forward”), announced that on Tuesday, November 14, 2023, at approximately 12:00 p.m. EST, Tom Schmitt, Chief Executive Officer, and Rebecca Garbrick, Chief Financial Officer, will participate in a fireside chat at the Stephens 25th Annual Investment Conference in Nashville, Tennessee. Forward is a leader in providing consistent and reliable transit and streamlined, damage-free deliveries for time-sensitive, high-value freight.

Forward Air Corporation (NASDAQFWRD) (“Forward”) today announced that it has filed under seal an answer and counterclaim against Omni Newco LLC (“Omni”) in the Delaware Court of Chancery relating to the transactions contemplated by the Merger Agreement, dated August 10, 2023, entered into by Forward, Omni and certain other parties.

Forward Air Corporation (NASDAQFWRD) (“Forward”, “we”, “our”, or “us”) has been named one of 2023’s “Top Companies for Women to Work For in Transportation” by the Women In Trucking Association.

Forward Air Corporation (NASDAQFWRD) (the “Company,” “Forward,” “we,” “our,” or “us”) announced today the release of its updated Environmental, Social and Governance (ESG) report, providing a detailed overview of its ESG commitments, goals and progress.

Forward Air Corporation (NASDAQFWRD) (the “Company”, “we”, “our”, or “us”) today reported financial results for the three and nine months ended September 30, 2023 as presented in the tables below.

Forward Air Corporation (NASDAQFWRD) (“Forward”) today provided an update on the previously announced transaction with Omni Newco LLC (“Omni”).

Forward Air Corporation (NASDAQFWRD) will release its third quarter 2023 earnings after the market closes on Monday, October 30, 2023 and hold a conference call to discuss those results on the following day, Tuesday, October 31, 2023 at 9:00 a.m. ET. The Company’s conference call will be available online on the Investor Relations portion of the Company’s website at ir.forwardaircorp.com, or by dialing (844) 767-5679, Access Code: 7274129. Since we use our Investor Relations website as a primary mechanism to communicate with our investors, investors are urged to monitor the Investor Relations portion of the Company’s website to easily find or navigate to current and pertinent information about us. A replay of the conference call will be available on the Investor Relations portion of the Company’s website at ir.forwardaircorp.com beginning shortly after completion of the live call.

Forward Air Corporation (NASDAQFWRD) (“Forward,” “we,” “our,” or “us”) today announced the pricing of the previously announced private offering (the “Notes Offering”) of $725 million of 9.50% senior secured notes due 2031 by GN Bondco, LLC (the “Escrow Issuer”), a Delaware limited liability company and wholly owned subsidiary of Omni Newco, LLC (“Omni”), which was downsized by $200 million from the previously announced offering size of $925 million in connection with a corresponding increase to the size of the new senior secured term loan facility that we expect to enter into upon consummation of the Merger (as defined below). The initial offering price to investors will be 98.0% of the principal amount thereof. The Notes Offering is expected to close on October 2, 2023, subject to customary closing conditions.

Forward Air Corporation (NASDAQFWRD) (“Forward,” “we,” “our,” or “us”) today announced that GN Bondco, LLC (the “Escrow Issuer”), a Delaware limited liability company and wholly owned subsidiary of Omni Newco, LLC (“Omni”), has commenced a private offering of $925 million of senior secured notes due 2031 (the “Notes”), subject to market and customary conditions.

Forward Air Corporation (NASDAQFWRD) (the “Company”, “Forward”, “we”, “our”, or “us”) today provided the following key Expedited Freight Operating statistics for the quarter-to-date period through August 2023. Weight per shipment increased 7.8%, revenue per shipment excluding fuel increased 0.9% and pounds per day decreased 3.0% over the same period last year. While pounds per day for July decreased by 5.9%, it improved in August as pounds per day were relatively flat over the same period last year.

Forward Air Corporation (NASDAQFWRD) (the “Company” or “Forward”), a category leader in expedited LTL, announced today that Tom Schmitt, Chairman and Chief Executive Officer, and Rebecca Garbrick, Chief Financial Officer, will present at the Jefferies Industrials Conference on September 6, 2023, at 10:30 a.m. ET. Investors may listen to a live webcast of the presentation by accessing the webcast button in the Investor Relations section of the Company’s website at www.forwardaircorp.com. The webcast will also be archived immediately afterwards and will be available for approximately 90 days thereafter.

Forward Air Corporation (NASDAQFWRD) (“Forward”) today published Q&A and a supplementary investor presentation to provide additional information about the previously announced transaction with Omni Logistics (“Omni”). All related materials are available at ir.forwardaircorp.com.

Forward Air Corporation (NASDAQFWRD) (the “Company”, “we”, “our”, or “us”) today reported financial results for the three and six months ended June 30, 2023 as presented in the tables below.

Forward Air Corporation (NASDAQFWRD) will release its second quarter 2023 earnings after the market closes on Wednesday, August 2, 2023 and hold a conference call to discuss those results on the following day, Thursday, August 3, 2023 at 9:00 a.m. ET. The Company’s conference call will be available online on the Investor Relations portion of the Company’s website at ir.forwardaircorp.com, or by dialing (877) 336-4440, Access Code: 6257043. Since we use our Investor Relations website as a primary mechanism to communicate with our investors, investors are urged to monitor the Investor Relations portion of the Company’s website to easily find or navigate to current and pertinent information about us. A replay of the conference call will be available on the Investor Relations portion of the Company’s website at ir.forwardaircorp.com beginning shortly after completion of the live call.

Forward Air Corporation (NASDAQFWRD) (the “Company” or “Forward”) is executing a growth strategy that involves organic infrastructure investments, such as its ongoing LTL network expansion, as well as inorganic investments, including acquisitions of complementary businesses. Today, Forward announced that it was named top Air/Expedited Carrier by Transport Topics, for the fifth consecutive year.

Forward Air Corporation (NASDAQFWRD) (the “Company”, “Forward”, “we”, “our”, or “us”) today provided the following key Expedited Freight Operating statistics for the quarter-to-date period through May 2023. Shipments per day decreased 12.0%, pounds per day decreased 7.9%, revenue per hundredweight excluding fuel decreased 6.3%, while weight per shipment increased 4.7% over the same period last year.

Forward Air Corporation (NASDAQFWRD) (the “Company”, “we”, “our”, or “us”) today reported financial results for the three months ended March 31, 2023 as presented in the tables below.

Forward Air Corporation (NASDAQFWRD) (the “Company” or “Forward”) is pleased to announce that Vice President of Marketing, Sylvia Cintrón, has been recognized as one of the Top 50 Women Leaders of Georgia by “Women We Admire.” The Top 50 Women Leaders list recognizes the achievements of exceptional women who inspire others to reach their full potential.

Forward Air Corporation (NASDAQFWRD) will release its first quarter 2023 earnings after the market closes on Monday, May 1, 2023 and hold a conference call to discuss those results on the following day, Tuesday, May 2, 2023 at 9:00 a.m. ET. The Company’s conference call will be available online on the Investor Relations portion of the Company’s website at ir.forwardaircorp.com, or by dialing (877) 336-4436, Access Code: 2402511. Since we use our Investor Relations website as a primary mechanism to communicate with our investors, investors are urged to monitor the Investor Relations portion of the Company’s website to easily find or navigate to current and pertinent information about us. A replay of the conference call will be available on the Investor Relations portion of the Company’s website at ir.forwardaircorp.com beginning shortly after completion of the live call.

Forward Air Corporation (NASDAQFWRD) (the “Company” or “Forward”) continues to execute a growth strategy that involves organic infrastructure investments, including its ongoing less-than-truckload (LTL) network expansion, as well as acquisitions of complementary businesses. Today, Forward announced that it will expand its intermodal drayage service offering in the New York and New Jersey area with new operations in Linden, NJ.

Forward Air Corporation (NASDAQFWRD) (the “Company”, “Forward”, “we”, “our”, or “us”) today provided the following key Expedited Freight Operating statistics for the quarter-to-date period through February 2023. Shipments per day decreased 6.7%, revenue per hundredweight ex fuel increased 2.6%, while pounds per day decreased 12.7% and weight per shipment decreased 6.5% over the same period last year.

Forward Air Corporation (NASDAQFWRD) (the “Company,” “we,” “our,” or “us”) today reported financial results for the three and twelve months ended December 31, 2022 as presented in the tables below on a continuing operations basis.

Forward Air Corporation (NASDAQFWRD) (the “Company” or “Forward”) is executing a growth strategy that involves organic infrastructure investments, including its ongoing less-than-truckload (LTL) network expansion, as well as inorganic investments, such as the recently-signed acquisition of Land Air Express, Inc. Today, Forward announced that it will expand its expedited LTL service offering in the Chicagoland area with a new terminal in Bolingbrook, IL, near Midway International Airport (MDW).

Forward Air Corporation (NASDAQFWRD) will release its fourth quarter 2022 earnings after the market closes on Wednesday, February 8, 2023 and hold a conference call to discuss those results on the following day, Thursday, February 9, 2023 at 9:00 a.m. ET. The Company’s conference call will be available online on the Investor Relations portion of the Company’s website at ir.forwardaircorp.com, or by dialing (877) 226-8189, Access Code: 8042513. Since we use our Investor Relations website as a primary mechanism to communicate with our investors, investors are urged to monitor the Investor Relations portion of the Company’s website to easily find or navigate to current and pertinent information about us. A replay of the conference call will be available on the Investor Relations portion of the Company’s website at ir.forwardaircorp.com beginning shortly after completion of the live call.

Forward Air Corporation (NASDAQFWRD) (the “Company” or “Forward”) today announced a $12,000 donation to Hope For The Warriors on behalf of the Company’s charitable arm, Operation: Forward Freedom (OFF), which supports veteran-related causes throughout the year. The donation from OFF is a combination of a percentage of sales from the Forward company store and a match from Forward.

Forward Air Corporation (NASDAQFWRD) (the “Company” or “Forward”) is executing a growth strategy that involves organic infrastructure investments, such as the ongoing LTL network expansion, as well as inorganic investments, including acquisitions of complementary businesses. As part of its inorganic growth strategy, Forward today announced that it has entered into an agreement to acquire the assets of Land Air Express, Inc. (“Land Air Express”), a privately held full service expedited LTL provider, for $56.5 million. The transaction is expected to be funded from both cash on hand and the Company’s credit facility and is expected to close in January 2023.

Forward Air Corporation (NASDAQFWRD) (the “Company”, “Forward”, “we”, “our”, or “us”) today provided the following key Expedited Freight Operating statistics for the quarter-to-date period through November 2022. Shipments per day increased 2.4%, revenue per hundredweight increased 14.7%, while pounds per day decreased 11.9% and weight per shipment decreased 14.0% over the same period last year.

Forward Air Corporation (NASDAQFWRD) (the “Company” or “Forward”) today announced a 5.9 percent general rate increase (GRI) on any shipments tendered on or after February 6, 2023.

Forward Air Corporation (NASDAQFWRD) (the “Company” or “Forward”) is executing a growth strategy that involves organic infrastructure investments, such as its ongoing LTL network expansion, as well as inorganic investments, including acquisitions of complementary businesses. Today, Forward announced the release of its updated Environmental, Social and Governance (ESG) report, providing a detailed overview of the Company’s ESG commitments through a new ESG-specific website.

Forward Air Corporation (NASDAQFWRD) (the “Company” or “Forward”) is executing a growth strategy that involves organic infrastructure investments, such as its ongoing LTL network expansion, as well as inorganic investments, including acquisitions of complementary businesses. Today, Forward announced that on Tuesday, November 15, 2022, at approximately 1:00 p.m. CST, Tom Schmitt, Chief Executive Officer, and Rebecca Garbrick, Chief Financial Officer, will participate in a fireside chat at the Stephens 24th Annual Investment Conference in Nashville, Tennessee.

Forward Air Corporation (NASDAQFWRD) (the “Company” or “Forward”) is executing a growth strategy that involves organic infrastructure investments, such as the ongoing LTL network expansion, as well as inorganic investments, including acquisitions of complementary businesses. As part of the inorganic growth strategy, Forward today announced that it has entered into an agreement to acquire the assets of Chickasaw Container Services, Inc. (“CCS”), a privately held intermodal drayage provider. The transaction will be funded from cash on hand and is expected to close in November 2022.

Forward Air Corporation (NASDAQFWRD) (the “Company”, “we”, “our”, or “us”) today reported financial results for the three and nine months ended September 30, 2022 as presented in the tables below on a continuing operations basis.

Forward Air Corporation (NASDAQFWRD) will release its third quarter 2022 earnings after the market closes on Wednesday, October 26, 2022 and hold a conference call to discuss those results on the following day, Thursday, October 27, 2022 at 9:00 a.m. EDT. The Company’s conference call will be available online on the Investor Relations portion of the Company’s website at www.forwardaircorp.com, or by dialing (844) 291-5490, Access Code: 6420664. Since we use our Investor Relations website as a primary mechanism to communicate with our investors, investors are urged to monitor the Investor Relations portion of the Company’s website to easily find or navigate to current and pertinent information about us. A replay of the conference call will be available on the Investor Relations portion of the Company’s website at www.forwardaircorp.com beginning shortly after completion of the live call.

Forward Air Corporation (NASDAQFWRD) (the “Company”, “Forward”, “we”, “our”, or “us”), today provided the following key Expedited Freight Operating Statistics for the quarter-to-date period through August 2022. Revenue per shipment increased 16.0%, weight per shipment decreased 3.2%, pounds per day increased 3.1% and shipments per day increased 6.5% over the same period last year.

Forward Air Corporation (NASDAQFWRD) (the “Company” or “Forward”) is executing a growth strategy that involves organic infrastructure investments as well as acquisitions of complementary businesses.

Forward Air Corporation (NASDAQFWRD) (the “Company”, “we”, “our”, or “us”) today reported financial results for the three and six months ended June 30, 2022 as presented in the tables below on a continuing operations basis.

Forward Air Corporation (NASDAQFWRD) will release its second quarter 2022 earnings after the market closes on Wednesday, July 27, 2022 and hold a conference call to discuss those results on the following day, Thursday, July 28, 2022 at 9:00 a.m. EDT. The Company’s conference call will be available online on the Investor Relations portion of the Company’s website at www.forwardaircorp.com, or by dialing (844) 867-6163, Access Code: 4227639. Since we use our Investor Relations website as a primary mechanism to communicate with our investors, investors are urged to monitor the Investor Relations portion of the Company’s website to easily find or navigate to current and pertinent information about us. A replay of the conference call will be available on the Investor Relations portion of the Company’s website at www.forwardaircorp.com beginning shortly after completion of the live call.

Forward Air Corporation (NASDAQFWRD) (the “Company” or “Forward”) is executing a growth strategy that involves organic infrastructure investments, such as its ongoing LTL network expansion, as well as inorganic investments, including acquisitions of complementary businesses. Today, Forward announced that it was named top Air/Expedited Carrier by Transport Topics, for the fourth consecutive year.

Forward Air Corporation (NASDAQFWRD) (the “Company,” “Forward,” “we,” “our,” or “us”), today provided the following key Expedited Freight Operating Statistics for the quarter-to-date period through May 2022. Revenue per shipment increased 40.7%, weight per shipment increased 15.4% and pounds per day increased 0.4% over the same period last year.

Forward Air Corporation (NASDAQFWRD) (the “Company” or “Forward”) is executing a growth strategy that involves organic infrastructure investments, such as the ongoing LTL network expansion, and inorganic investments, including acquisitions of complementary businesses. As part of the inorganic growth strategy, Forward today announced that it has entered into an agreement to acquire the assets of Edgmon Trucking, LLC (“Edgmon Trucking”), a privately held intermodal drayage provider that generates approximately $22 million in annual revenue. The transaction will be funded from cash on hand and is expected to close in May, 2022.

Forward Air Corporation (NASDAQFWRD) (the “Company”, “we”, “our”, or “us”) today reported financial results for the three months ended March 31, 2022 as presented in the tables below on a continuing operations basis.

Forward Air Corporation (NASDAQFWRD) (the “Company” or “Forward”) today announced the grand opening of its expanded Columbus (CMH) Support Center. The new Support Center represents a strategic investment in the Company’s commitment to deliver a better experience for its employees, customers and independent contractor drivers.

Forward Air Corporation (NASDAQFWRD) will release its first quarter 2022 earnings after the market closes on Wednesday, April 27, 2022 and hold a conference call to discuss those results on the following day, Thursday, April 28, 2022 at 9:00 a.m. EDT. The Company’s conference call will be available online on the Investor Relations portion of the Company’s website at www.forwardaircorp.com, or by dialing (844) 721-7237, Access Code: 7291478. Since we use our Investor Relations website as a primary mechanism to communicate with our investors, investors are urged to monitor the Investor Relations portion of the Company’s website to easily find or navigate to current and pertinent information about us. A replay of the conference call will be available on the Investor Relations portion of the Company’s website at www.forwardaircorp.com beginning shortly after completion of the live call.

Forward Air Corporation (NASDAQFWRD) (the “Company”, “we”, “our”, or “us”) today reported financial results for the three and twelve months ended December 31, 2021 as presented in the tables below on a continuing operations basis (Pool Distribution was previously reported as a discontinued operation).

Forward Air Corporation (NASDAQFWRD) (the “Company”, “Forward”, “we”, “our”, or “us”), has been recognized as The Home Depot Appliance Carrier of the Year for 2021. The award was created to recognize the partnership that supports The Home Depot’s work to build the fastest, most efficient, and reliable supply chain in home improvement.

Forward Air Corporation (NASDAQFWRD) (the “Company”, “Forward”, “we”, “our”, or “us”), will participate in the Stifel 2022 Transportation and Logistics Conference on Tuesday, February 8, 2022 and Wednesday, February 9, 2022. In connection with its participation in the conference, the Company today provided the following key Expedited Freight Operating Statistics for the quarter ended December 31, 2021. Revenue per shipment increased 59.6%, revenue per hundredweight increased 13.4%, weight per shipment increased 37.4% and pounds per day increased 18.0% over the same period in 2020.

Forward Air Corporation (NASDAQFWRD) will release its fourth quarter 2021 earnings after the market closes on Wednesday, February 9, 2022 and hold a conference call to discuss those results on the following day, Thursday, February 10, 2022 at 9:00 a.m. EST. The Company’s conference call will be available online on the Investor Relations portion of the Company’s website at www.forwardaircorp.com, or by dialing (844) 867-6169, Access Code: 3231672. Since we use our Investor Relations website as a primary mechanism to communicate with our investors, investors are urged to monitor the Investor Relations portion of the Company’s website to easily find or navigate to current and pertinent information about us. A replay of the conference call will be available on the Investor Relations portion of the Company’s website at www.forwardaircorp.com beginning shortly after completion of the live call.