Detail akcie Forward Air online

Business Summary: Forward Air Corporation is an asset-light provider of transportation services across the United States, Canada and Mexico. It provides 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, it offers truckload brokerage services, including dedicated fleet services; and intermodal, first-and last-mile, drayage services, both to and from seaports and railheads, dedicated contract and Container Freight Station warehouse and handling services. It operates in two segments: Expedited Freight and Intermodal. Its Expedited Freight segment offers customers local pick-up and delivery and other services, including truckload, shipment consolidation and deconsolidation, warehousing, customs brokerage and other handling services. Its Intermodal segment offers contract and container freight station warehouse and handling services.
Financial Summary: BRIEF: For the fiscal year ended 31 December 2023, Forward Air Corp revenues decreased 18% to $1.37B. Net income applicable to common stockholders excluding extraordinary items decreased 76% to $41.9M. Revenues reflect Expedited Freight segment decrease of 13% to $1.1B, Intermodal segment decrease of 35% to $273.9M. Net income also reflects Expedited Freight segment income decrease of 40% to $116M.