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Blue Chip Growth

Stock Report: Forward Air Corporation (FWRD) Report Updated: Oct 17, 2016 | Print This Page

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Forward Air Corporation (FWRD)

Rating: Sell Volatility: Conservative
Total Grade: D Industry: Air Freight & Logistics
Competitors: ATSG,XPO,FDX,ECHO

Stock Analysis

Rating: Monthly View

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Rating: Weekly View

This Week: D down no change
Last Week: D same no change
Two Weeks Ago: D up downgrade
service keys

Forward Air Corporation© quotemedia

Company Profile

Forward Air Corporation, together with its subsidiaries, provides surface transportation and related logistics services. The company operates in three segments: Forward Air (Forward Air); Forward Air Solutions (FASI); and Total Quality (TQI). The Forward Air segment provides local pick-up and delivery services, and scheduled surface transportation of cargo. It also provides a range of logistics and other services, including expedited full truckload; intermodal drayage; dedicated fleets; warehousing; customs brokerage; and shipment consolidation, deconsolidation, and handling services. This segment primarily serves freight forwarders, integrated air cargo carriers, and passenger and cargo airlines. The Forward Air segment offers its transportation services primarily through a network of terminals located at or near airports in the United States and Canada. The FASI segment provides pool distribution services, including managing high-frequency handling and distribution of time-sensitive product to various destinations in geographic regions. This segment serves distributors and retailers, such as mall, strip mall, and outlet based retail chains through a network of terminals and service centers located in 29 cities in the Mid-Atlantic, Southeast, Midwest, and the Southwest continental United States. The TQI segment offers security and temperature-controlled logistics services comprising truckload services to the pharmaceutical and life science industries, as well as truckload and less-than-truckload brokerage transportation services. The company was founded in 1981 and is headquartered in Greeneville, Tennessee.