Forward Air Corp. moved to expand its intermodal trucking business in the southeastern United States with the purchase of substantially all of the assets of Atlantic Trucking Co. and its affiliates in Charleston, S.C.
April 11, 2017Business, Logistics
Truckload Profits Fall at TFI, Knight, Patriot Transportation; Rise at Forward Air
Truckload carriers continued to struggle as three out of four companies reported lower quarterly earnings versus 2016 levels as the industry struggles with excess capacity and lower prices.
April 26, 2017Business, Logistics
Forward Air Acquires Assets of Atlantic Trucking Co.
Business, Logistics
Forward Air Lowers Third-Quarter Projection, Blaming Tough LTL Market
Forward Air Corp. lowered its third-quarter earnings projections, no longer confident that it’ll generate more revenue than the same period in 2015, the company announced on Sept. 20.
September 20, 2016Business, Logistics
Forward Air to Expand Footprint in Tennessee
Forward Air Corp. is investing $4.3 million toward renovating a new office in Greeneville, Tennessee, which will add 105 new jobs over the next five years.
August 11, 2016Business, Logistics
Jewell, Ruble Promoted at Forward Air
Forward Air Corp. has appointed new presidents for two divisions, effective Jan. 1, selecting Matthew Jewell to head its intermodal unit and Chris Ruble to lead the expedited services unit.
December 14, 2015Business, Logistics
Forward Air Acquires Intermodal Firm for $5.75 Million
Forward Air Corp. said subsidiary Central States Trucking Co. acquired the assets of Multi-Modal Trucking Inc. and Multi-Modal Services Inc. for $5.75 million.
November 4, 2014Business, Logistics
Forward Air Raises Driver Pay
Forward Air Corp. said subsidiary FAF Inc. is increasing pay for owner-operators effective Jan. 4.
October 31, 2014Business, Logistics
Forward Air’s 3Q Income Improves
Forward Air Corp.’s third-quarter net income rose to $16.7 million, or 54 cents a share, from $14.2 million, or 46 cents, a year ago.
October 24, 2014Business, Logistics
Forward Air's Net Income Rises 24%
Forward Air Corp. increased net income to $17.2 million, Inc., a 24% improvement, helped by primarily increased freight volume.
July 22, 2014Business, Logistics
Forward Air’s First-Quarter Income Rises
Forward Air Corp. said its first-quarter net income rose from a year ago, and that its revenue also improved.
April 19, 2013