Open the filing on EDGARFORWARD AIR CORPORATION REPORTS FIRST QUARTER 2026 RESULTS
Expedited Freight Segment’s Results Improve Year Over Year and Sequentially
Liquidity Remains Strong Increasing to Over $400 Million
Provides Update on Customer and Strategic Alternatives Review
DALLAS - (BUSINESS WIRE) - May 7, 2026 - Forward Air Corporation (NASDAQ:FWRD) (the “Company”, “Forward”, “we”, “our”, or “us”) today reported financial results for the three months ended March 31, 2026, as presented in the tables below.
“During the first quarter, we stayed focused on the customer and providing award-winning service,” said Shawn Stewart, President & Chief Executive Officer. “And as a result, operating income improved to $20 million compared to $5 million in the first quarter a year ago.
“On a segment basis, the Expedited Freight’s first quarter Reported EBITDA results improved to $28 million compared to $26 million a year ago and sequentially when compared to the $25 million in the fourth quarter 2025. The 10.4 percent margin is consistent with a year ago and an improvement compared to the 10.1 percent in the fourth quarter 2025.
“At the Omni Logistics segment, Reported EBITDA in the first quarter was $25 million and consistent with the $26 million in the first quarter 2025. The margin improved to 8.3 percent compared to 7.9 percent due to an increase in contract logistics volume with a more favorable margin.
“Reduction in port activity and softness with key customers continued to negatively impact the Intermodal segment. In the first quarter Reported EBITDA was $5 million and the margin was 10.1 percent respectively, compared to $10 million and 16.4 percent a year ago.”
Jamie Pierson, Chief Financial Officer, added, “We reported consolidated revenue of $582 million in the first quarter compared to $613 million a year ago. Consolidated EBITDA, a non-GAAP measure calculated pursuant to our Term Loan Credit Agreement, was $70 million, and on a last twelve months basis was $304 million.
“Liquidity improved to $402 million at the end of the first quarter comprised of $141 million in cash and $261 million of availability under our credit facility, which is the highest ending cash balance Forward Air has achieved in the past two years. This compares to $367 million in total liquidity at the end of 2025.
“As a result of tight control on costs and reduction in advisors and consultants compared to a year ago, cash provided by operating activities improved to $46 million in the first quarter compared to $28 million the same time last year, reflecting a year over year improvement of $18 million,” concluded Pierson.
Customer Update
While no formal notices of termination have been delivered, the Company is currently in active discussions with one of its largest customers (the “Customer”) regarding the transition of a significant portion of their business with the Company to other providers for reasons believed to be related to the Customer’s operations and supplier diversification initiatives. Forward Air has provided the highest level of service excellence and exceeded most if not all of its KPIs on a regular basis throughout the duration of its long-term partnership.
The parties continue to discuss the scope of the business that will be transitioned and the timing thereof, and Forward Air is exploring all options to retain as much of this business as possible. The Company is currently anticipating that the majority of the business that will ultimately be transitioned will start in early 2027 and take place throughout the balance of the year.
The Customer represented approximately $250 million of the Company’s revenue for the fiscal year ended December 31, 2025 and is not a customer of Forward Air’s Less Than Truckload or Intermodal businesses.
The Company remains focused on delivering industry leading solutions and service to all of its global customer base and believes that continued execution of its strategy will allow it to build its market share over time.
Strategic Alternatives Update
In January 2025, the Forward Air Board of Directors initiated a comprehensive review of strategic alternatives to maximize shareholder value, exploring a range of options relative to the long-term value potential of the Company on a standalone basis. This process included extensive negotiations and discussions with multiple parties; however, due to a variety of factors, including the developments in Forward Air’s relationship with the Customer, no actionable proposals for a sale of the Company were ultimately received. However, the Board continues to be open to, and intends to consider, all opportunities to enhance shareholder value, and has determined to pursue a sale of non-core assets, including our Intermodal segment and two of our smaller legacy Omni businesses. These targeted sales are expected to advance the Company’s efforts to delever the balance sheet and further focus its services around continuing to provide service-sensitive logistics to its customers around the world in the air, ocean, ground and contract logistics.
Stewart concluded, “Despite a prolonged, multi-year freight recession, our team has made extensive progress executing our transformation plan, overhauling operations and improving the quality of our earnings results including today with the release of our first quarter 2026 results.”
| Three Months Ended |
|---|
| (in thousands, except per share data) | March 31, 2026 | March 31, 2025 | Change | Percent Change |
| Operating revenues | $582,046 | $613,281 | $(31,235) | (5.1)% | |
| Income from operations | $20,441 | $4,763 | $15,678 | 329.2% | |
| Operating margin | 3.5% | 0.8% | | | 270 bps |
| Net loss | $(40,198) | $(61,191) | $20,993 | 34.3% | |
| Net loss per diluted share | $(1.09) | $(1.68) | $0.59 | 35.1% | |
| Cash provided by operating activities | $45,738 | $27,615 | $18,123 | 65.6% | |
| Non-GAAP Financial Measures: | | | | |
| Consolidated EBITDA | $70,378 | $73,311 | $(2,933) | (4.0)% | |
| Free cash flow | $40,220 | $16,400 | $23,820 | 145.2% | |
| Reconciliation of these non-GAAP financial measures are provided below the financial tables. |
Review of Financial Results
Forward Air will hold a conference call to discuss first quarter 2026 results on Thursday, May 7 at 4:30 p.m. ET. The Company’s conference call will be available online on the Investor Relations portion of the Company’s website at ir.forwardaircorp.com, or by dialing (800) 579-2543, Access Code: FWRDQ126.
A replay of the conference call will be available on the Investor Relations portion of the Company’s website at ir.forwardaircorp.com, which we use as a primary mechanism to communicate with our investors. Investors are urged to monitor the Investor Relations portion of the Company’s website to easily find or navigate to current and pertinent information about us.
About Forward Air Corporation
Forward is a leading asset-light provider of transportation services across the United States, Canada and Latin America. We provide expedited less-than-truckload 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 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. Forward also operates a full portfolio of multimodal solutions, both domestically and internationally, via Omni Logistics. Omni Logistics is a global provider of air, ocean and ground services for mission-critical freight. We are more than a transportation company. Forward is a single resource for your shipping needs. For more information, visit our website at www.forwardair.com.
| Three Months Ended |
|---|
| March 31, 2026 | March 31, 2025 |
|---|
| Forward Air Corporation |
| Condensed Consolidated Statements of Operations |
| (Unaudited, in thousands, except per share data) |
| Operating revenues: | | |
| Expedited Freight | $272,707 | $249,381 |
| Omni Logistics | 302,418 | 323,470 |
| Intermodal | 53,092 | 62,492 |
| Corporate | - | 142 |
| Eliminations | (46,171) | (22,204) |
| Operating revenues | 582,046 | 613,281 |
| Operating expenses: | | |
| Purchased transportation | 283,777 | 304,262 |
| Salaries, wages and employee benefits | 115,576 | 141,915 |
| Operating leases | 49,713 | 48,792 |
| Depreciation and amortization | 38,521 | 37,360 |
| Insurance and claims | 13,498 | 15,007 |
| Fuel expense | 4,927 | 5,649 |
| Other operating expenses | 55,593 | 55,533 |
| Total operating expenses | 561,605 | 608,518 |
| Income from operations: | | |
| Expedited Freight | 20,046 | 15,634 |
| Omni Logistics | 730 | 3,375 |
| Intermodal | 1,224 | 5,542 |
| Other Operations | (1,559) | (19,788) |
| Income from operations | 20,441 | 4,763 |
| Other expense: | | |
| Interest expense, net | (43,587) | (45,547) |
| Foreign exchange gain (loss) | 1,698 | (922) |
| Other (expense) income, net | (16,957) | 104 |
| Total other expense | (58,846) | (46,365) |
| Loss from operations before income taxes | (38,405) | (41,602) |
| Income tax expense | 1,793 | 19,589 |
| Net loss | (40,198) | (61,191) |
| Net loss attributable to noncontrolling interest | (5,879) | (10,554) |
| Net loss attributable to Forward Air | $(34,319) | $(50,637) |
| Basic and diluted net loss per share attributable to Forward Air | $(1.09) | $(1.68) |
| Three Months Ended |
|---|
| March 31, 2026 | Percent of Revenue | March 31, 2025 | Percent of Revenue | Change | Percent Change |
|---|
| Expedited Freight Segment Information |
| (In thousands) |
| (Unaudited) |
| Operating revenues: | | | | | | |
| Network | $188,177 | 69.0% | $190,162 | 76.3% | $(1,985) | (1.0)% |
| Truckload | 62,544 | 22.9 | 39,255 | 15.7 | 23,289 | 59.3 |
| Other | 21,986 | 8.1 | 19,964 | 8.0 | 2,022 | 10.1 |
| Total operating revenues | 272,707 | 100.0 | 249,381 | 100.0 | 23,326 | 9.4 |
| Operating expenses: | | | | | | |
| Purchased transportation | 141,683 | 52.0 | 120,680 | 48.4 | 21,003 | 17.4 |
| Salaries, wages and employee benefits | 55,650 | 20.4 | 52,577 | 21.1 | 3,073 | 5.8 |
| Operating leases | 15,528 | 5.7 | 15,433 | 6.2 | 95 | 0.6 |
| Depreciation and amortization | 8,312 | 3.0 | 10,379 | 4.2 | (2,067) | (19.9) |
| Insurance and claims | 10,160 | 3.7 | 10,308 | 4.1 | (148) | (1.4) |
| Fuel expense | 2,053 | 0.8 | 2,471 | 1.0 | (418) | (16.9) |
| Other operating expenses | 19,275 | 7.4 | 21,899 | 8.7 | (2,624) | (12.0) |
| Total operating expenses | 252,661 | 92.6 | 233,747 | 93.7 | 18,914 | 8.1 |
| Income from operations | $20,046 | 7.4% | $15,634 | 6.3% | $4,412 | 28.2% |
| Network revenue is comprised of all revenue, including linehaul, pickup and/or delivery, and fuel surcharge revenue, excluding accessorial and Truckload revenue. |
| Three Months Ended |
|---|
| March 31, 2026 | March 31, 2025 | Percent Change |
|---|
| Expedited Freight Operating Statistics |
| Business days | 63 | 63 | - % |
| Tonnage | | | |
| Total pounds | 598,454 | 610,635 | (2.0) |
| Pounds per day | 9,499 | 9,693 | (2.0) |
| Shipments | | | |
| Total shipments | 690 | 727 | (5.1) |
| Shipments per day | 11.0 | 11.5 | (4.3) |
| Weight per shipment | 867 | 840 | 3.2 |
| Revenue per hundredweight | $31.45 | $31.19 | 0.8 |
| Revenue per hundredweight, ex fuel | $24.50 | $24.76 | (1.1) |
| Revenue per shipment | $272.57 | $262.04 | 4.0 |
| Revenue per shipment, ex fuel | $212.37 | $208.03 | 2.1 |
| In thousands |
| Excludes accessorial and Truckload products |
| Includes intercompany revenue between the Network and Truckload revenue streams |
| Three Months Ended |
|---|
| March 31, 2026 | Percent of Revenue | March 31, 2025 | Percent of Revenue | Change | Percent Change |
|---|
| Omni Logistics Segment Information |
| (In thousands) |
| (Unaudited) |
| Operating Revenues: | | | | | | |
| Ground | $135,987 | 45.0% | $172,094 | 53.2% | $(36,107) | (21.0)% |
| Contract Logistics | 104,166 | 34.4 | 80,128 | 24.8 | 24,038 | 30.0 |
| Air and Ocean | 62,265 | 20.6 | 71,248 | 22.0 | (8,983) | (12.6) |
| Total operating revenues | 302,418 | 100.0 | 323,470 | 100.0 | (21,052) | (6.5) |
| Operating expenses: | | | | | | |
| Purchased transportation | 168,923 | 55.9 | 185,734 | 57.4 | (16,811) | (9.1) |
| Salaries, wages and employee benefits | 53,396 | 17.7 | 56,783 | 17.6 | (3,387) | (6.0) |
| Operating leases | 27,702 | 9.2 | 27,090 | 8.4 | 612 | 2.3 |
| Depreciation and amortization | 24,491 | 8.1 | 22,230 | 6.9 | 2,261 | 10.2 |
| Insurance and claims | 468 | 0.2 | 2,615 | 0.8 | (2,147) | (82.1) |
| Fuel expense | 504 | 0.2 | 1,017 | 0.3 | (513) | (50.4) |
| Other operating expenses | 26,204 | 8.7 | 24,626 | 7.6 | 1,578 | 6.4 |
| Total operating expenses | 301,688 | 99.8 | 320,095 | 99.0 | (18,407) | (5.8) |
| Income from operations | $730 | 0.2% | $3,375 | 1.0% | $(2,645) | (78.4)% |
| Three Months Ended |
|---|
| March 31, 2026 | Percent of Revenue | March 31, 2025 | Percent of Revenue | Change | Percent Change |
|---|
| Intermodal Segment Information |
| (In thousands) |
| (Unaudited) |
| Operating revenues | $53,092 | 100.0% | $62,492 | 100.0% | $(9,400) | (15.0)% |
| Operating expenses: | | | | | | |
| Purchased transportation | 19,342 | 36.4 | 20,176 | 32.3 | (834) | (4.1) |
| Salaries, wages and employee benefits | 13,663 | 25.7 | 15,931 | 25.5 | (2,268) | (14.2) |
| Operating leases | 5,781 | 10.9 | 5,778 | 9.2 | 3 | 0.1 |
| Depreciation and amortization | 4,153 | 7.8 | 4,720 | 7.6 | (567) | (12.0) |
| Insurance and claims | 2,771 | 5.2 | 2,791 | 4.5 | (20) | (0.7) |
| Fuel expense | 2,370 | 4.5 | 2,155 | 3.4 | 215 | 10.0 |
| Other operating expenses | 3,788 | 7.2 | 5,399 | 8.6 | (1,611) | (29.8) |
| Total operating expenses | 51,868 | 97.7 | 56,950 | 91.1 | (5,082) | (8.9) |
| Income from operations | $1,224 | 2.3% | $5,542 | 8.9% | $(4,318) | (77.9)% |
| Three Months Ended |
|---|
| March 31, 2026 | March 31, 2025 | Percent Change |
|---|
| Intermodal Operating Statistics |
| Drayage shipments | 51,476 | 64,449 | (20.1)% |
| Drayage revenue per shipment | $876 | $883 | (0.8)% |
| March 31, 2026 | December 31, 2025 |
|---|
| Forward Air Corporation |
| Condensed Consolidated Balance Sheets |
| (In thousands) |
| (Unaudited) |
| Assets | | |
| Current assets: | | |
| Cash and cash equivalents | $141,022 | $105,996 |
| Accounts receivable, net | 330,699 | 343,559 |
| Other receivables | 3,077 | 6,147 |
| Prepaid expenses | 29,453 | 28,045 |
| Other current assets | 38,105 | 37,254 |
| Total current assets | 542,356 | 521,001 |
| Property and equipment, net of accumulated depreciation and amortization of $348,946 in 2026 and $340,021 in 2025 | 286,652 | 297,882 |
| Operating lease right-of-use assets | 402,712 | 412,535 |
| Goodwill | 522,712 | 522,712 |
| Other acquired intangibles, net of accumulated amortization of $324,223 in 2026 and $301,453 in 2025 | 884,021 | 906,791 |
| Other long-term assets | 57,426 | 58,023 |
| Total assets | $2,695,879 | $2,718,944 |
| Liabilities and Shareholders' Equity | | |
| Current liabilities: | | |
| Accounts payable | $103,693 | $121,752 |
| Accrued expenses | 133,142 | 114,422 |
| Other current liabilities | 76,937 | 69,130 |
| Current portion of finance lease obligations | 15,317 | 15,995 |
| Current portion of operating lease liabilities | 112,808 | 107,026 |
| Total current liabilities | 441,897 | 428,325 |
| Finance lease obligations, less current portion | 18,851 | 22,387 |
| Long-term debt | 1,690,253 | 1,687,248 |
| Liabilities under tax receivable agreement | 28,255 | 11,548 |
| Operating lease liabilities, less current portion | 313,153 | 327,011 |
| Other long-term liabilities | 56,221 | 53,540 |
| Deferred income taxes | 24,973 | 27,221 |
| Shareholders' equity: | | |
| Preferred stock | - | - |
| Common stock | 316 | 313 |
| Additional paid-in capital | 564,626 | 559,551 |
| Accumulated deficit | (482,911) | (447,100) |
| Accumulated other comprehensive (loss) income | (1,030) | 580 |
| Total Forward Air shareholders' equity | 81,001 | 113,344 |
| Noncontrolling interest | 41,275 | 48,320 |
| Total shareholders' equity | 122,276 | 161,664 |
| Total liabilities and shareholders' equity | $2,695,879 | $2,718,944 |
| Three Months Ended |
|---|
| March 31, 2026 | March 31, 2025 |
|---|
| Forward Air Corporation |
| Condensed Consolidated Statements of Cash Flows |
| (In thousands) |
| (Unaudited) |
| Operating activities: | | |
| Net loss | $(40,198) | $(61,191) |
| Adjustments to reconcile net loss to net cash provided by operating activities: | | |
| Depreciation and amortization | 38,521 | 37,360 |
| Share-based compensation expense | 3,541 | 2,958 |
| Provision for revenue adjustments | 731 | 647 |
| Deferred income tax benefit | (2,170) | (2,792) |
| Other | 3,870 | 3,799 |
| Changes in operating assets and liabilities: | | |
| Accounts receivable | 11,863 | (21,145) |
| Other receivables | 2,052 | (434) |
| Other current and noncurrent assets | (3,097) | 767 |
| Accounts payable and accrued expenses | 30,625 | 67,646 |
| Net cash provided by operating activities | 45,738 | 27,615 |
| Investing activities: | | |
| Proceeds from sale of property and equipment | 1,428 | 691 |
| Purchases of property and equipment | (6,946) | (11,906) |
| Other | - | (24) |
| Net cash used in investing activities | (5,518) | (11,239) |
| Financing activities: | | |
| Repayments of finance lease obligations | (4,225) | (4,431) |
| Proceeds from credit facility | - | 25,000 |
| Payments on credit facility | - | (25,000) |
| Payment of minimum tax withholdings on share-based awards and other | (685) | (894) |
| Net cash used in financing activities | (4,910) | (5,325) |
| Effect of exchange rate changes on cash | (284) | 357 |
| Net increase in cash and cash equivalents | 35,026 | 11,408 |
| Cash and cash equivalents at beginning of period | 105,996 | 105,266 |
| Cash and cash equivalents at end of period | $141,022 | $116,674 |
Forward Air Corporation Reconciliation of Non-GAAP Financial Measures
In this press release, the Company includes financial measures that are derived on the basis of methodologies other than in accordance with accounting principles generally accepted in the United States (GAAP). The Company believes that meaningful analysis of its financial performance requires an understanding of the factors underlying that performance, including an understanding of items that are non-operational. Management uses these non-GAAP financial measures in making financial, operating, compensation and planning decisions as well as evaluating the Company’s performance.
For the three months ended March 31, 2026 and 2025, this press release contains the following non-GAAP financial measures: earnings before interest, taxes, depreciation and amortization for each segment (“Reported EBITDA”), Consolidated EBITDA and free cash flow.
All non-GAAP financial measures are presented on a continuing operations basis.
The Company believes that Reported EBITDA improves comparability from period to period by removing the impact of its capital structure (interest and financing expenses), asset base (depreciation and amortization) and tax impacts. The Company believes that free cash flow is an important measure of its ability to repay maturing debt or fund other uses of capital that it believes will enhance shareholder value.
The Company is also providing Consolidated EBITDA calculated in accordance with our credit agreement as we believe it provides investors with important information regarding our financial condition and compliance with our obligations under our credit agreement.
Non-GAAP financial measures should be viewed in addition to, and not as an alternative to or substitute for, the Company’s financial results prepared in accordance with GAAP. The Company has included, for the periods indicated, a reconciliation of the non-GAAP financial measure to the most directly comparable GAAP financial measure. Investors and other readers are encouraged to review the related U.S. GAAP financial measures and the reconciliations of the non-GAAP measures to their most directly comparable U.S. GAAP measures set forth below.
The following is a reconciliation of net income to Consolidated EBITDA for the three months ended March 31, 2026 and 2025 (in thousands):
| Three Months Ended |
|---|
| March 31, 2026 | March 31, 2025 |
|---|
| Net loss | $(40,198) | $(61,191) |
| Interest expense | 43,587 | 45,547 |
| Income tax expense | 1,793 | 19,589 |
| Depreciation and amortization | 38,521 | 37,360 |
| Reported EBITDA | 43,703 | 41,305 |
| Transaction and integration costs | 2,814 | 13,926 |
| Severance costs | 540 | 1,574 |
| Change in TRA Liability | 16,707 | - |
| Optimization project costs | - | 1,031 |
| Proforma savings | - | 4,352 |
| Other | 6,614 | 11,123 |
| Consolidated EBITDA | $70,378 | $73,311 |
The following is a reconciliation of net cash provided by operating activities to free cash flow for the three months ended March 31, 2026 and 2025 (in thousands):
| Three Months Ended |
|---|
| March 31, 2026 | March 31, 2025 |
|---|
| Net cash provided by operating activities | $45,738 | $27,615 |
| Proceeds from sale of property and equipment | 1,428 | 691 |
| Purchases of property and equipment | (6,946) | (11,906) |
| Free cash flow | $40,220 | $16,400 |
Note Regarding Forward-Looking Statements
This press release contains “forward-looking statements” within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by words such as: “anticipate,” “intend,” “plan,” “goal,” “seek,” “believe,” “project,” “estimate,” “expect,” “strategy,” “future,” “likely,” “may,” “should,” “will” and similar references to future periods. Forward-looking statements included in this press release relate to management’s expectations regarding: the Company’s strategic plans, including the potential sale of non-core assets; the Company’s ability to execute on strategy, maintain operational discipline and adapt to changing market conditions; the Company’s Expedited Freight, Omni Logistics and Intermodal segments; the Company’s future financial performance, including deleveraging and strengthening its balance sheet; geopolitical tensions in the Middle East; ongoing tariff uncertainty and evolving foreign trade policy; port activity; the freight demand environment; and the Company’s plans for growth.
Forward-looking statements notice
Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on our current beliefs, expectations and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. Our actual results and financial condition may differ materially from those indicated in the forward-looking statements. The following is a list of factors, among others, that could cause actual results to differ materially from those contemplated by the forward-looking statements: economic factors such as tariffs, recessions, inflation, higher interest rates and downturns in customer business cycles, the outcome of our review of strategic alternatives, our ability to execute on a strategic sale of non-core assets, our ability to achieve ongoing strategic, financial and other benefits as we continue to transform our business after the acquisition of Omni Logistics, including the realization of expected synergies and the achievement of deleveraging targets within the expected timeframes or at all, the risk of customer loss, the risk of management and employee loss, the creditworthiness of our customers and their ability to pay for services rendered, our inability to maintain our historical growth rate because of a decreased volume of freight or decreased average revenue per pound of freight moving through our network, the availability and compensation of qualified Leased Capacity Providers and freight handlers as well as contracted, third-party carriers needed to serve our customers’ transportation needs, our inability to manage our information systems and the occurrence of cybersecurity risks and events, market acceptance of our service offerings, claims for property damage, personal injuries or workers’ compensation, enforcement of and changes in governmental regulations, environmental, tax, insurance and accounting matters, the handling of hazardous materials, changes in fuel prices, loss of a major customer, increasing competition and pricing pressure, our dependence on our senior management team and the potential effects of changes in employee status, seasonal trends, the occurrence of certain weather events, restrictions in our charter and bylaws, and the risks described in our Annual Report on Form 10-K for the year ended December 31, 2025, and as may be identified in our subsequent Quarterly Reports on Form 10-Q and Current Reports on Form 8-K.
We caution readers that any forward-looking statement made by us in this press release is based only on information currently available to us and they should not place undue reliance on any forward-looking statement, which reflect management's opinion as of the date on which it is made. We undertake no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise unless required by law.
Contacts
Tony Carreño investorrelations@forwardair.com
Hannah Weeg
HWeeg@forwardair.com