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Forward Air Raises $350,000 for Veterans at Annual Drive for Hope Golf Tournament

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Forward Air (NASDAQ: FWRD) hosted its third annual Drive for Hope Golf Tournament, raising $350,000 for Hope For The Warriors, a nonprofit supporting post-9/11 veterans and military families. The event took place November 11-12 at Chateau Elan Winery & Resort in Braselton, GA. Through its charitable platform, Operation Forward Freedom, the company has raised a total of $1.25 million since the tournament's inception in 2022. The event featured celebrity guests, a silent auction, and a color guard presentation.

Forward Air (NASDAQ: FWRD) ha ospitato il suo terzo torneo di golf annuale Drive for Hope, raccogliendo 350.000 $ per Hope For The Warriors, un'organizzazione no-profit che supporta i veterani e le famiglie militari dopo l'11 settembre. L'evento si è svolto l'11 e il 12 novembre presso il Chateau Elan Winery & Resort a Braselton, GA. Attraverso la sua piattaforma caritatevole, Operation Forward Freedom, l'azienda ha raccolto un totale di 1,25 milioni di $ dalla nascita del torneo nel 2022. L'evento ha presentato ospiti celebri, un'asta silenziosa e una presentazione della guardia d'onore.

Forward Air (NASDAQ: FWRD) organizó su tercer torneo de golf anual Drive for Hope, recaudando 350,000 $ para Hope For The Warriors, una organización sin fines de lucro que apoya a veteranos y familias militares posteriores al 11 de septiembre. El evento tuvo lugar el 11 y 12 de noviembre en Chateau Elan Winery & Resort en Braselton, GA. A través de su plataforma benéfica, Operation Forward Freedom, la empresa ha recaudado un total de 1.25 millones de $ desde el inicio del torneo en 2022. El evento contó con la participación de celebridades, una subasta silenciosa y una presentación de la guardia de honor.

Forward Air (NASDAQ: FWRD)는 세 번째 연례 Drive for Hope 골프 토너먼트를 개최하여 Hope For The Warriors를 위해 $350,000을 모금하였습니다. 이 비영리 단체는 9/11 이후의 퇴역 군인들과 군 가족을 지원합니다. 이 행사는 11월 11일과 12일에 GA주 브라젤턴에 위치한 샤토 엘란 와이너리 & 리조트에서 열렸습니다. 회사는 자선 플랫폼인 Operation Forward Freedom을 통해 2022년 토너먼트 시작 이래로 총 $1.25 백만을 모금했습니다. 이 행사에는 유명인 게스트, 조용한 경매, 색 바로 위의 경례가 포함되었습니다.

Forward Air (NASDAQ: FWRD) a organisé son troisième tournoi de golf annuel Drive for Hope, récoltant 350 000 $ pour Hope For The Warriors, une organisation à but non lucratif soutenant les vétérans et les familles militaires d'après le 11 septembre. L'événement a eu lieu les 11 et 12 novembre au Château Elan Winery & Resort à Braselton, GA. Grâce à sa plateforme caritative, Operation Forward Freedom, l'entreprise a collecté un total de 1,25 million $ depuis la création du tournoi en 2022. L'événement a présenté des invités célèbres, une vente aux enchères silencieuse et une présentation de la garde d'honneur.

Forward Air (NASDAQ: FWRD) veranstaltete sein drittes jährliches Drive for Hope Golfturnier und sammelte 350.000 $ für Hope For The Warriors, eine gemeinnützige Organisation, die Veteranen und Militärfamilien nach dem 11. September unterstützt. Die Veranstaltung fand vom 11. bis 12. November im Chateau Elan Winery & Resort in Braselton, GA statt. Durch seine Wohltätigkeitsplattform, Operation Forward Freedom, hat das Unternehmen seit der Gründung des Turniers im Jahr 2022 insgesamt 1,25 Millionen $ gesammelt. Die Veranstaltung umfasste prominente Gäste, eine stille Auktion und eine Farbgarde-Präsentation.

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The $350,000 charitable donation, while commendable, represents a minimal financial impact on Forward Air's operations and balance sheet. With a market cap of $932M, this charitable contribution accounts for less than 0.04% of the company's value. While the initiative demonstrates good corporate citizenship and potential positive impact on employee morale and community relations, particularly in the veteran community, it does not materially affect the company's financial position or investment outlook. The cumulative $1.25M raised over three years shows consistent commitment to corporate social responsibility but remains financially insignificant for investment decision-making purposes.

GREENEVILLE, Tenn.--(BUSINESS WIRE)-- Forward Air Corporation (NASDAQ: FWRD) (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 Raised <money>$350,000</money> for Hope For The Warriors at the Drive For Hope Golf Tournament (Photo: Business Wire)

Forward Air Raised $350,000 for Hope For The Warriors at the Drive For Hope Golf Tournament (Photo: Business Wire)

Founded in 2006, Hope For The Warriors is a national nonprofit dedicated to restoring a foundation of stability, strength and community for post-9/11 veterans, service members and military families.

“We are honored to join forces with Hope For The Warriors to support their life-changing work within our nation’s Veteran community. Giving back is in our DNA, and when we work with our business partners toward a common goal, we can truly make a positive impact,” said Shawn Stewart, Chief Executive Officer of Forward Air.

The Drive for Hope Tournament featured celebrity guests, with a silent auction and color guard presentation at the opening ceremony. Since the inaugural Drive For Hope Golf Tournament in 2022, Forward has raised $1.25 million for Hope For The Warriors.

“You can really see and feel everyone’s passion for supporting service members, veterans and their families each year at the Drive For Hope Golf Tournament,” said Robin Kelleher, Hope For The Warriors co-founder and CEO. “We appreciate working with a company like Forward Air that seeks and employs so many transitioning service members. Under the new leadership of CEO Shawn Stewart, a Navy veteran, we at HOPE are honored to continue to work side by side with Forward Air in supporting and advocating for military families.”

About Forward Air Corporation

Forward Air is a leading asset-light provider of transportation services across the United States, Canada and Mexico. We provide expedited less-than-truckload services, including local pick-up and delivery, shipment consolidation/deconsolidation, warehousing, and customs brokerage by utilizing a comprehensive national network of terminals. In addition, we offer truckload brokerage services, including dedicated fleet services, and intermodal, first and last-mile, high-value drayage services, both to and from seaports and railheads, dedicated contract and Container Freight Station warehouse and handling services. Forward also operates a full portfolio of multimodal solutions, both domestically and internationally, via Omni Logistics. Omni Logistics is a global provider of air, ocean and ground services for mission-critical freight. We are more than a transportation company. Forward is a single resource for your shipping needs. For more information, visit our website at www.forwardaircorp.com.

About Hope For The Warriors:

Founded in 2006, Hope For The Warriors is a national nonprofit dedicated to restoring a foundation of stability, strength and community for post-9/11 veterans, service members and military families. Since its inception, Hope For The Warriors has served over 171,000 service members, veterans, military spouses, and caregivers through 10 programs/services focused on providing financial, career and educational stability; physical and emotional strength; and social support that builds community. This includes The Steven A. Cohen Military Family Clinic at Hope For The Warriors providing confidential, high-quality mental health care services. For more information, visit hopeforthewarriors.org, Facebook, X, Instagram, YouTube or LinkedIn.

Justin Moss - Forward Air

JMoss@forwardair.com

404.362.8933

Source: Forward Air Corporation

FAQ

How much did Forward Air (FWRD) raise at the 2023 Drive for Hope Golf Tournament?

Forward Air raised $350,000 at the 2023 Drive for Hope Golf Tournament held on November 11-12 at Chateau Elan Winery & Resort in Braselton, GA.

What is the total amount Forward Air (FWRD) has raised through the Drive for Hope Tournament since 2022?

Forward Air has raised a total of $1.25 million for Hope For The Warriors since the inaugural Drive For Hope Golf Tournament in 2022.

Where was Forward Air's (FWRD) 2023 Drive for Hope Golf Tournament held?

The 2023 Drive for Hope Golf Tournament was held at Chateau Elan Winery & Resort in Braselton, GA.

Forward Air Corp

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