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Forward Air Corp. engages in the provision of less-than-truckload (LTL), truckload, intermodal and pool distribution services. It operates through the following four segments: Expedited LTL, Truckload Premium Services (TLS), Intermodal, and Pool Distribution. Read More The Expedited LTL segment offers customers local pick-up, delivery, and services including shipment consolidation and deconsolidation, warehousing, customs brokerage, and handling. The TLS segment offers expedited truckload brokerage, dedicated fleet, as well as high security and temperature controlled logistics services. The Intermodal segment provides first and last-mile high value intermodal container drayage services to and from seaports and railheads. The Pool Distribution segment provides in handling and distribution of time sensitive product. The company was founded by Scott M. Niswonger on October 23, 1981 and is headquartered in Greeneville, TN.
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Associated PressMar 18
Forward Air Corporation Announces Acquisition of FSA Logistix to Expand Final Mile Delivery Services
GREENEVILLE, Tenn.--(BUSINESS WIRE)--Mar 18, 2019--Forward Air Corporation (NASDAQ:FWRD) today announced that it has entered into an agreement to acquire substantially all of the assets of FSA Logistix (“FSA”), a privately held final mile provider for cash consideration of $27 million plus additional contingent consideration based upon future revenue generation. The closing of the transaction is subject to customary closing conditions, including but not limited to, compliance with the covenants and agreemen...
Latest Change: Forward Air Corporation (NASDAQ: FWRD)
Forward Air Corporation is in the industrials sector and trades as part of the transportation and logistics industry. The company CEO is Thomas Schmitt. Forward Air Corp serves in the logistics industry based in the United States. It is a provider of time-definite truck transportation to the North American deferred air freight shipping market. Previous Intraday Trading Performance: The FWRD stock showed a previous change of -0.34% with an open at 61.88 and a close of 61.67. It reached an intraday high of ...
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