Forward Named #1 Expedited Carrier By Transport Topics

Rhea-AI Summary

Forward Air Corporation (NASDAQ: FWRD) is advancing its growth strategy with both organic infrastructure enhancements and strategic acquisitions. The company has been recognized as the top Air/Expedited Carrier by Transport Topics, reflecting its strong market position. Additionally, Forward ranks 12^th among intermodal drayage providers and 33^rd overall in the Top 100 For-Hire Carriers list. CEO Tom Schmitt emphasizes the outstanding performance of their frontline employees and drivers in achieving this recognition.

Positive

• Ranked as the top Air/Expedited Carrier by Transport Topics.
• Ranks 12^th among intermodal drayage providers.
• Ranks 33^rd overall on the Top 100 For-Hire Carriers list.

Negative

• None.

Forward Air Corporation (NASDAQ: FWRD) (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 was named top Air/Expedited Carrier by Transport Topics.

The annual rankings list top companies across several transportation segments based on annual revenue. In addition to the number one ranking among air/expedited carriers, Forward was ranked 12^th among intermodal drayage providers and 33^rd overall on the Transport Topics Top 100 For-Hire Carriers list.

Tom Schmitt, Chairman, President and CEO said, “The number one air/expedited carrier ranking is a testament to our frontline employees and drivers – they are the best in the business, and they deliver precision execution every day.”

About Forward Air Corporation

Forward Air Corporation (NASDAQ: FWRD) is a leading asset-light freight and logistics company. We provide LTL, final mile, truckload and intermodal drayage services across the United States and in Canada. Headquartered in Greeneville, Tennessee, Forward operates approximately 200 facilities across the country and employs more than 4,000 people nationwide. We are more than a transportation company. As a single resource for your shipping needs, Forward is your supply chain partner. For more information, visit our website at www.forwardaircorp.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210628005697/en/

FAQ

What is Forward Air Corporation's stock symbol?

Forward Air Corporation's stock symbol is FWRD.

What recent recognition did Forward Air Corporation receive?

Forward Air Corporation was named the top Air/Expedited Carrier by Transport Topics.

Where does Forward Air rank among intermodal drayage providers?

Forward Air ranks 12^th among intermodal drayage providers.

How does Forward Air rank in the Top 100 For-Hire Carriers list?

Forward Air is ranked 33^rd overall on the Top 100 For-Hire Carriers list.