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Forward Named #1 Expedited Carrier by Transport Topics

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Forward Air Corporation (NASDAQ: FWRD) has been recognized as the top Air/Expedited Carrier by Transport Topics for the fourth consecutive year. The annual rankings assess companies based on revenue across various transportation sectors. Additionally, Forward ranked 9th among intermodal/drayage providers and 27th overall on the Top 100 For-Hire Carriers list. The company is focused on a growth strategy that includes both organic infrastructure investments and acquisitions of complementary businesses, bolstering its position in the logistics market.

Positive
  • Ranked top Air/Expedited Carrier for four consecutive years.
  • 9th among intermodal/drayage providers.
  • 27th overall on Transport Topics Top 100 For-Hire Carriers list.
  • Growth strategy includes organic infrastructure investments and acquisitions.
Negative
  • None.

GREENEVILLE, Tenn.--(BUSINESS WIRE)-- 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 announced that it was named top Air/Expedited Carrier by Transport Topics, for the fourth consecutive year.

The annual rankings list top companies across multiple transportation segments based on annual revenue. In addition to the number one ranking among air/expedited carriers, Forward was ranked 9th among intermodal/drayage providers and 27th overall on the Transport Topics Top 100 For-Hire Carriers list.

Tom Schmitt, Chairman, President and CEO said, “Our drivers and employees bring a commitment to precision execution that’s unmatched in our industry. The number one air/expedited carrier ranking is based on revenue – and that is enabled and sustained by our people. This ranking is a testament to their dedication.”

About Forward Air Corporation

Forward Air Corporation (NASDAQ: FWRD) is a leading asset-light freight and logistics company that provides services across the United States and Canada. We provide expedited less-than-truckload (“LTL”) 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 final mile services, including delivery of heavy-bulky freight, 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. 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.

Justin Moss - Forward Air

JMoss@forwardair.com

404.362.8933

Source: Forward Air Corporation

FAQ

What recognition did Forward Air Corporation receive in 2023?

Forward Air Corporation was named the top Air/Expedited Carrier by Transport Topics for the fourth consecutive year in 2023.

How does Forward Air rank among other logistics providers?

Forward Air ranked 9th among intermodal/drayage providers and 27th overall on the Transport Topics Top 100 For-Hire Carriers list.

What is Forward Air's growth strategy?

Forward Air's growth strategy includes organic infrastructure investments and acquisitions of complementary businesses.

What does Forward Air Corporation specialize in?

Forward Air Corporation specializes in expedited less-than-truckload (LTL) services, truckload brokerage, and intermodal logistics.

What stock symbol is associated with Forward Air Corporation?

The stock symbol for Forward Air Corporation is FWRD.

Forward Air Corp

NASDAQ:FWRD

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FWRD Stock Data

950.06M
20.83M
1.68%
115.12%
15.88%
Integrated Freight & Logistics
Arrangement of Transportation of Freight & Cargo
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United States of America
GREENEVILLE