Forward Air Corporation reports news on its asset-light freight and logistics network, including expedited less-than-truckload services, truckload brokerage, intermodal and drayage, contract logistics, warehousing, customs brokerage, and multimodal air, ocean and ground services through Omni Logistics. Company updates commonly center on segment results for Expedited Freight and Omni Logistics, demand trends in mission-critical freight, liquidity and deleveraging priorities, and operating changes across its North American and international logistics platform.
Recurring announcements also cover earnings release schedules, customer service performance, industry carrier recognition, and sustainability programs such as emissions tracking and greenhouse-gas inventory work. These updates frame Forward Air as a transportation and logistics operator with domestic ground operations and global multimodal freight capabilities.
Forward Air (NASDAQ:FWRD) reported third-quarter 2026 revenue of $673.861 million, alongside higher operating income and a return to quarterly profitability. Revenue rose 6.7% year over year. Operating income increased 192.5% to $43.895 million, and operating margin reached 6.5%, versus 2.4%. Diluted earnings from continuing operations were $0.34 per share, versus a $0.52 loss.
Consolidated EBITDA, a non-GAAP earnings measure calculated under its term loan agreement, rose 30.7% to $101.471 million. Liquidity reached $446 million, up $45 million sequentially. Operating cash flow fell 33.0% to $35.316 million. Expedited Freight revenue rose 30.5%, while Omni Logistics revenue fell 8.0%; both segments increased operating income. For the first nine months, Forward Air recorded a $277.009 million net loss, versus $105.312 million, with a $244.006 million goodwill impairment charge.
Forward Air (NASDAQ: FWRD) signed a two-year definitive agreement retaining a significant portion of services provided to one of its largest customers.
Certain services are expected to transition away between November 2026 and March 2027, with no material impact on 2026 revenue expected. Revenue from retained services has grown throughout 2026, and Forward expects continued growth in 2027. The company expects annual revenue from the customer in each contract year of 2026, 2027 and 2028 to exceed the customer's total revenue contribution in 2025.
Forward Air (FWRD) will release its third quarter 2026 earnings after the market closes on November 9, 2026. A conference call to discuss the results will follow at 4:30 p.m. ET. The call will be available through the company’s investor relations website or by telephone, with an online replay available shortly after completion.
Forward Air (FWRD) announced that its fifth annual Drive for Hope Golf Tournament raised $700,000 for Hope For The Warriors. Total fundraising through the event has exceeded $2.4 million since its inception in 2022. The charity supports post-9/11 veterans, service members and their families. The 2026 event included dinner and auctions at Glass Cactus, followed by golf at Cowboys Golf Club.
Forward Air (NASDAQ:FWRD) reported record second quarter 2026 consolidated operating revenue of $673 million, up 8.8% from $619 million a year earlier. Consolidated EBITDA rose to $93 million from $79 million, while adjusted operating income increased to $42.7 million from $19.5 million.
The company recorded a second quarter operating loss of $201 million, driven by a non-cash $244 million goodwill impairment in the Omni Logistics segment, resulting in a loss from continuing operations of $243.9 million and diluted loss per share of $6.33. Liquidity totaled $401 million, including $139 million of cash and $261 million of credit facility availability, up from $368 million a year ago.
The Expedited Freight segment delivered operating revenue of $319.1 million, up 23.8%, with operating margin improving to 10.9%. Omni Logistics and Intermodal each reported their strongest Reported EBITDA and margin metrics in several quarters when excluding the impairment impact for Omni Logistics.
Forward Air (NASDAQ:FWRD) provided an update on discussions with one of its largest customers, following the customer’s plan to shift part of its business to other providers. On July 20, 2026, Forward entered into a non-binding memorandum of understanding (MOU) covering the continued provision of certain services.
Under the MOU, Forward expects to retain at least half of the approximately $250 million in revenue attributable to this customer for fiscal 2025, with the potential to retain an additional approximate 25%. The MOU also extends the term of the contract for retained services by no less than two years. Services expected to move to other providers are anticipated to begin transitioning later in 2026, with most of the transition in December 2026 and through 2027.
Forward Air (NASDAQ:FWRD) will release its second quarter 2026 earnings after the market closes on Wednesday, August 5, 2026, followed by a conference call at 4:30 p.m. ET to discuss the results.
The call can be accessed via the Investor Relations section of ir.forwardaircorp.com or by dialing (800) 579-2543 with Access Code FWRDQ226. A replay will be available online shortly after the call.
Forward Air (NASDAQ:FWRD) reported Q1 2026 results: revenue of $582.0M (down 5.1% YoY), income from operations of $20.4M, and net loss of $40.2M (improved vs. prior year). Consolidated EBITDA was $70.4M, liquidity rose to $402M, and the company announced a potential transition of ~$250M customer revenue starting in 2027 and plans to sell non-core assets.
Forward Air (NASDAQ:FWRD) was named to USA TODAY’s America’s Climate Leaders 2026, recognized for significant reductions in core emissions intensity. Forward improved its CDP score from a B- in 2024 to a B in 2025 and completed a verified audit of its Greenhouse Gas Inventory for FY2024. The company cites reductions in per-capita energy and fuel use, expanded emissions tracking, and ongoing carbon-reduction programs. Additional details appear in Forward Air’s 2025 Sustainability Report; the full USA TODAY list was published April 20, 2026.
Forward Air (NASDAQ: FWRD) will release its first quarter 2026 earnings after market close on Thursday, May 7, 2026 and will host a conference call at 4:30 p.m. ET. The call is accessible via the company Investor Relations site or by dialing the listed conference line with Access Code FWRDQ126. A replay will be posted on the Investor Relations website shortly after the call concludes.