Forward Air Stock Price, News & Analysis

Forward Air (NASDAQ:FWRD) released its 2025 Sustainability Report, highlighting progress across people, planet, customers and community initiatives.

Key metrics: roadway incidents down nearly 12% in 2024 vs 2023 and 42% vs 2019; a preliminary target to cut absolute Scope 1+2 GHG by 42% by 2030 (2021 base year); 15,695.33 fewer idle gallons in 2024; 100% renewable energy at Dallas HQ; and $526,000 raised for Hope For The Warriors in 2025 (>$1.75M raised since 2020).

Forward Air (NASDAQ:FWRD) reported third quarter 2025 results with consolidated revenue of $631.8M, operating income of $15.0M, and Consolidated EBITDA of $77.7M (down from $86.1M a year ago).

The Omni segment delivered its highest revenue and reported EBITDA since acquisition, with revenue up $5M to $340M and EBITDA up $6M to $33M. Liquidity improved to $413M and year-to-date cash provided by operations rose to $67M, a $113M improvement versus last year.

Forward Air (NASDAQ: FWRD) will release Q3 2025 earnings after market close on Wednesday, November 5, 2025. The company will host a conference call to discuss results at 4:30 p.m. ET the same day. Investors can join the live call via the Investor Relations site at ir.forwardaircorp.com or by dialing (800) 267-6316 with Access Code FWRDQ325. A replay will be posted on the Investor Relations site shortly after the call concludes.

Forward Air (NASDAQ: FWRD) hosted its Fourth Annual Drive for Hope Golf Tournament on September 29-30, 2025 at Chateau Elan Winery & Resort in Braselton, GA through its Operation Forward Freedom platform.

The company raised $526,000 for Hope For The Warriors, the largest amount in the tournament's history, bringing Forward Air's total donations to the charity since 2020 to more than $1.75 million. The event included a dinner, silent auction, record sponsors and attendees, and a beneficiary speaker who described support received after an Iraq injury.

Forward Air Corporation (NASDAQ: FWRD) announced the successful execution of a nationwide automotive parts replenishment project through its subsidiary Omni Logistics. The project involves managing the complete logistics chain for a global automaker, including parts pickup from manufacturing facilities, warehousing, and delivery to dealerships across the United States and Canada.

The solution features real-time tracking, dedicated service oversight, and a transparent cost-per-unit pricing model. Omni Logistics handled all aspects of the operation including transportation, warehousing, order fulfillment, and reporting, delivering the project efficiently without requiring additional resources from the customer.

Forward Air Corporation (NASDAQ:FWRD) reported its Q2 2025 financial results, showing sequential improvement despite challenging market conditions. The company achieved consolidated revenue of $619 million, down 3.9% year-over-year but up $6 million sequentially from Q1 2025.

Key highlights include income from operations of $20 million, a significant improvement from a loss in Q2 2024, and Consolidated EBITDA of $74 million. The Expedited Freight segment reported its highest EBITDA margin in six quarters, benefiting from rigorous cost controls and strategic pricing actions. The company's liquidity stood at $368 million, with cash from operations showing a $111 million year-over-year improvement in the first half of 2025.

Forward Air (NASDAQ: FWRD) has secured a significant service agreement with a global athletics leader, demonstrating the successful integration of Forward Air and Omni Logistics' combined capabilities. Under the agreement, Omni Logistics will manage distribution services across 18 retail locations in 4 states, providing daily white-glove store replenishment.

Additionally, Forward Air has been selected as the primary full truckload carrier for multiple US lanes, showcasing the synergies between the two companies. The partnership highlights Forward Air's expanded service offerings and enhanced logistics capabilities following the Omni Logistics integration.

Forward Air (NASDAQ: FWRD) has announced a significant expansion of its partnership with a major package delivery services company. The expanded agreement will involve transporting over 15,000 expedited full truckload shipments annually across the customer's national network.

The partnership is expected to substantially increase year-over-year revenue from this customer, highlighting Forward Air's strong service capabilities and solutions in the logistics sector. The company's Chief Commercial Officer, Eric Brandt, emphasized their commitment to customer service and expressed enthusiasm about growing the partnership beyond 2025.

Forward Air Corporation (NASDAQ:FWRD) has scheduled its second quarter 2025 earnings release and conference call. The company will release its financial results after market close on Monday, August 11, 2025, followed by a conference call at 4:30 p.m. ET to discuss the results.

Investors can access the conference call online through the company's Investor Relations website at ir.forwardaircorp.com or by phone at (800) 267-6316 using access code FWRDQ225. A replay of the conference call will be available on the company's IR website shortly after the call concludes.