Forward Air

Forward Air Corporation is a leading provider of time-definite surface transportation and related logistics services to the North American air freight and expedited LTL market. We provide scheduled surface transportation of cargo as a cost effective, reliable alternative to air transportation. We transport air freight that must be delivered at a specific time, but is less time-sensitive than traditional integrated services. In the past decade, we have greatly expanded our service offerings to include an array of logistics services, including pick-up and delivery, intermodal drayage, pool distribution, and specialized temperature-controlled logistics services. Our network of freight terminals are located on or near airports in 92 U.S. and Canadian cities, including our central sorting facility in Columbus, Ohio and 11 regional sort centers that create the most effective linehaul network in the industry.
Company Growth (employees)
Type
Public
HQ
Greeneville, US
Founded
1993
Size (employees)
3,689 (est)
Forward Air was founded in 1993 and is headquartered in Greeneville, US

Forward Air Office Locations

Forward Air has an office in Greeneville
Greeneville, US (HQ)
PO Box 1058

Forward Air Data and Metrics

Forward Air Financial Metrics

Forward Air's revenue was reported to be $247 m in Q1, 2017
USD

Revenue (Q1, 2017)

247 m

EBIT (Q1, 2017)

23.2 m

Market capitalization (22-Sep-2017)

1.6 b

Cash (31-Mar-2017)

14.3 m
Forward Air's current market capitalization is $1.6 b.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

652.5 m781 m959.1 m982.5 m

Revenue growth, %

20%23%2%

EBIT

84.4 m96.4 m81.8 m60 m

EBIT margin, %

13%12%9%6%
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Revenue

193.9 m201.5 m205.9 m249.7 m247.1 m229.5 m238.6 m249.6 m247 m

EBIT

27.6 m26.9 m8.2 m19.9 m24.6 m21.4 m(14.3 m)24.7 m23.2 m

EBIT margin, %

14%13%4%8%10%9%(6%)10%9%

Pre tax profit

27.6 m26.7 m7.8 m19.2 m24.1 m20.8 m(14.9 m)24.5 m22.9 m
USDY, 2009Y, 2010Y, 2011Y, 2012Y, 2013Y, 2014Y, 2015FY, 2016

Cash

42 m74.5 m58.8 m112.2 m127.4 m41.4 m33.3 m8.5 m

Inventories

1.1 m1.1 m1.3 m1.3 m

Current Assets

220.4 m150 m173.5 m136.3 m

Goodwill

88.5 m144.4 m205.6 m184.7 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cash

24.9 m24.6 m54.5 m42.5 m47.4 m38 m21.7 m11.3 m14.3 m

Current Assets

137.2 m138.6 m196.7 m193.3 m185.7 m167.9 m163.6 m144 m139.2 m

Goodwill

138.8 m140.7 m202.9 m206.5 m206.9 m206.5 m179.3 m184.7 m184.7 m

Total Assets

532.5 m529.9 m715.4 m709.4 m698.7 m689.1 m644.4 m641.5 m635.9 m
USDFY, 2013FY, 2014FY, 2015FY, 2016

Depreciation and Amortization

23.6 m31.1 m37.2 m38.2 m

Inventories

1.1 m1.1 m1.3 m1.3 m

Accounts Payable

16.3 m20.6 m23.3 m18 m

Cash From Operating Activities

15.2 m(85.9 m)(8.1 m)
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Depreciation and Amortization

7.8 m8.1 m8.7 m9.5 m9.4 m9.7 m9.3 m9.4 m10 m

Accounts Payable

21.4 m21.4 m21.6 m27.6 m27.4 m17.8 m13.8 m18.4 m15.8 m
USDY, 2017

Revenue/Employee

67 k

Financial Leverage

1.3 x
Show all financial metrics

Forward Air Market Value History

Traffic Overview of Forward Air

Forward Air Online and Social Media Presence

Forward Air News and Updates

Battle for Mosul Tests Obama Strategy to Shift Fight’s Burden From U.S.

The administration’s counterterrorism doctrine aims to spread military responsibilities to regional partners rather than have the United States act alone.

Iraqi forces converge on Mosul in decisive battle for Iraq's second city

British, US and French special forces and paratroopers support push by peshmerga from east and Iraqi army from south Iraqi forces, supported by US-led airstrikes and special forces, advanced on Mosul from the east and the south on Monday in the first phase of a long-planned offensive to retake the c…

It’s Not Like Hollywood: Why U.S. Airstrikes Go Awry

Military officers and experts say that almost all mistaken American strikes over the years have come down to two main reasons: faulty intelligence and battlefield confusion.

Here’s Airbnb’s plan to fix its racism and discrimination problem

 Airbnb has been under fire lately for instances of racism and discrimination exhibited by some hosts on the home-sharing platform. In order to combat that, Airbnb is making several positive changes to the platform and its company policies, Airbnb CEO Brian Chesky sent in an email to hosts and guest…

Forward Air Company Life and Culture

You may also be interested in