Forward Air Q1 2026 slides: operating income surges despite revenue decline
Forward Air Corporation reported a substantial 300% year-over-year increase in operating income in Q1 2026, reaching $20 million, despite a 5.1% decline in revenue to $582 million. The company, which recently merged with Omni Logistics, demonstrated improved operational efficiency and cost structure, with its Expedited Freight segment performing strongly. Forward Air plans to divest non-core assets like the Intermodal segment by the end of 2026 to focus on core logistics services and further enhance margins.
Forward Air (FWRD) Asia Pacific president reports 4,950 unvested restricted stock awards
Forward Air (FWRD) President of Asia Pacific, Zhu Yanqing, filed an initial statement of beneficial ownership (Form 3) reporting 4,950 unvested restricted stock awards (RSAs). These RSAs will vest in three equal annual installments, contingent upon continued service to the company. The filing indicates direct ownership of these unvested awards.
FWRD - Forward Air Corp Latest SEC Filings
This article provides the latest SEC filing information for Forward Air Corp (FWRD), including a detailed overview of its financial data, market performance metrics, and key statistics. It covers share prices, market capitalization, income, sales, dividend information, and various financial ratios like P/E, P/S, and Debt/Eq. The data also includes insider ownership, institutional ownership, profitability margins, and price performance over different periods.
Forward Air (FWRD) executive Lindsay discloses shares and options on Form 3
Justin Lindsay, President U.S. & Canada at Forward Air Corp, filed an initial Form 3 revealing his equity holdings in the company. He directly holds 13,712 shares of common stock, including 7,623 unvested restricted stock awards, and two fully exercisable stock option awards for a total of 3,335 shares. The filing indicates a neutral impact and sentiment regarding these disclosures.
Forward Air (NASDAQ: FWRD) transformation chief reports 6,378-share ownership
Forward Air (NASDAQ: FWRD) Chief Transformation Officer Karl Khambatta has reported an initial beneficial ownership of 6,378 shares in the company through a Form 3 filing. This ownership includes 5,031 unvested restricted stock awards (RSAs) that will vest in three equal annual installments, contingent upon his continued service. The filing establishes Khambatta's initial equity stake, aligning his incentives with the company's long-term performance.
Forward Air (FWRD) Europe president holds 6,231 restricted stock awards
Jonathan Van Altena, President, Europe for Forward Air (FWRD), has reported beneficial ownership of 6,231 shares of Common Stock through unvested restricted stock awards (RSAs). These RSAs will vest in three equal annual installments on each grant-date anniversary, provided he continues his service to the company. The filing is an initial ownership report, not a record of stock purchases or sales.
Forward Air (FWRD) LATAM president reports 7,005 unvested restricted stock awards
Fabio de Moraes Mendunekas, President, LATAM for Forward Air (FWRD), has reported beneficial ownership of 7,005 unvested restricted stock awards (RSAs). These RSAs will vest in three equal annual installments on their respective grant-date anniversaries, contingent on his continued service to the company. This Form 3 filing indicates an initial statement of beneficial ownership rather than a recent transaction.
Form 4 Forward Air Corporation For: 22 June By Investing.com
This article announces the filing of a Form 4 for Forward Air Corporation, related to activities on June 22. It provides no further details on the content of the Form 4, serving mainly as a headline to guide interested readers to the financial filing. The surrounding content includes market data and popular news articles from Investing.com.
Director at Forward Air (FWRD) granted 9,545 restricted shares
Forward Air Corporation director Dale W. Boyles was granted 9,545 restricted shares of common stock as a compensation award under the company's 2025 Non-Employee Director Stock Plan. This grant, made at no cash cost, will fully vest on the earlier of the day before Forward Air’s 2027 annual stockholders’ meeting or the first anniversary of the grant date. Following this award, Boyles directly holds 22,940 shares of Forward Air common stock.
Forward Air (FWRD) director receives 9,545 restricted stock shares
Christine Marie Gorjanc, a director at Forward Air Corporation (FWRD), has been granted 9,545 shares of common stock as restricted stock with a grant price of $0.00 per share. This award was made under the company's 2025 Non-Employee Director Stock Plan and is exempt from Section 16(b) under Rule 16b-3. After this transaction, Gorjanc directly holds a total of 22,940 shares, and the restricted stock will vest on the earlier of the day before the 2027 Annual Meeting of Stockholders or the first anniversary of the grant date.
Forward Air (FWRD) director granted 9,545 restricted shares under 2025 plan
Forward Air Corporation director Paul C. Svindland received a grant of 9,545 restricted common shares under the company's 2025 Non-Employee Director Stock Plan. This transaction, exempt from Section 16(b), increases his direct holdings to 15,977 shares. The restricted stock will vest fully on the earlier of the day before the company's 2027 Annual Meeting or the first anniversary of the grant date.
Form 4 Forward Air Corporation For: 22 June By Investing.com
This article from Investing.com announces a Form 4 filing for Forward Air Corporation on June 22. It mentions the company's stock symbol FWRD and includes general market data and news headlines.
Forward Air Corporation(NasdaqGS: FWRD) dropped from S&P Composite 1500
Forward Air Corporation (NasdaqGS:FWRD) has been removed from the S&P Composite 1500, as announced by S&P Capital IQ on June 21, 2026. This exclusion is part of several index adjustments, with the company also being dropped from the S&P Transportation Select Industry Index and S&P 600. The article also provides a company profile, recent financial news, and analyst consensus data for Forward Air Corporation.
Forward Air Shareholders Back Board, Pay and Incentive Plan
At its June 17, 2026 annual meeting, Forward Air stockholders re-elected five directors to the board, approved executive compensation, and ratified KPMG LLP as its independent auditor. Shareholders also approved an amendment to the 2025 Omnibus Incentive Compensation Plan. Despite a "Strong Sell" technical sentiment signal and a "Neutral" rating from TipRanks' AI Analyst due to financial stress and weak technicals, an analyst has a Buy rating with a $17.00 price target on FWRD stock.
Forward Air Corp (FWRD) Technical Analysis: Support, Resistance, Indicators & Moving Averages
This article provides a technical analysis of Forward Air Corp (FWRD), detailing its current price momentum score, support and resistance levels, and the status of various technical indicators and moving averages. While the price momentum score is 8.93, suggesting suitability for range-bound swing trading, the analysis of indicators and moving averages presents mixed signals, including 1 buy signal and 2 sell signals from indicators, and 3 buy and 3 sell signals from moving averages. The article concludes with a "Sell" signal based on overall technical analysis.
Forward Air Corp (FWRD) Earnings Forecast: Future EPS & Revenue Growth Estimates
This article provides an earnings forecast for Forward Air Corp (FWRD), detailing its current earnings forecast score, analyst ratings, and price targets. It highlights that FWRD ranks 33 out of 77 in the Freight & Logistics Services industry with an average price target of $30.00 and notes that most analysts recommend a "Buy" for the stock. Key financial expectations for revenue and EPS are also outlined.
Forward Air (NASDAQ: FWRD) shareholders approve directors, pay and plan changes
Forward Air Corporation (NASDAQ: FWRD) shareholders approved all key proposals at their annual meeting, including the election of five directors, advisory approval of executive compensation, and ratification of KPMG LLP as the independent auditor for the 2026 fiscal year. Additionally, an amendment to the 2025 Omnibus Incentive Compensation Plan was approved. These results were formally reported in an 8-K filing, indicating broad shareholder support for the company's governance and compensation strategies.
Forward Air Corp (FWRD) Valuation: PE, PB & Fair Value Analysis
Forward Air Corp (FWRD) currently has a valuation score of 8.64, placing it 36th out of 77 companies in the Freight & Logistics Services industry. The company's P/E ratio stands at -4.64, which is significantly lower than its recent high but above its recent low. Key valuation metrics like P/B, P/S, and P/CF have not yet been disclosed by the company.
Precision Trading with Forward Air Corporation (FWRD) Risk Zones
This article from Stock Traders Daily outlines a precision trading strategy for Forward Air Corporation (FWRD) based on AI-generated risk zones. It highlights a strong near and mid-term sentiment with a weak long-term outlook, identifying a significant risk-reward setup. The analysis provides specific entry, target, and stop-loss levels for different trading strategies (Position, Momentum Breakout, and Risk Hedging).
Forward Air vs. Old Dominion Freight Line: Which Industrials Stock Is a Better Buy in 2026?
This article compares Forward Air and Old Dominion Freight Line, two industrial stocks in the logistics sector, to determine which might be a better investment in 2026. While Forward Air faces significant challenges with debt and profitability and is undergoing restructuring, Old Dominion Freight Line boasts a strong financial profile and diversified customer base, despite its premium valuation. The author ultimately suggests Old Dominion as the more conservative long-term investment.
FWRD Financials: Revenue Breakdown, Margins & Competitor Comparison
This article analyzes the financial performance of Forward Air Corp (Delaware) (FWRD), detailing its revenue breakdown, profitability margins, and competitor comparison. Omni Logistics is highlighted as the largest revenue contributor, and the company's gross margin, operating margin, and net margin are presented, alongside a comparison with competitors PAMT and PAL.
FWRD - Forward Air Corp Stock Price and Quote
This page provides a comprehensive overview of Forward Air Corp (FWRD) stock, including its latest price, financial statistics, insider transactions, and analyst ratings. It details the company's operational segments, key financial ratios, stock performance metrics, and a history of news and analyst actions. The content also lists executive leadership and recent insider trading activity.
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Forward Air Corporation - FWRD
Pomerantz LLP is investigating potential securities fraud claims against Forward Air Corporation (NASDAQ: FWRD) on behalf of investors. The investigation follows a significant drop in Forward Air's stock price after the company reported a net loss and disclosed the loss of a major customer, which accounted for approximately $250 million in revenue. Forward Air also revealed that its strategic alternatives review did not result in an actionable sale proposal.
Forward Air plans sale of non-core units, faces loss of big customer
Forward Air announced plans to sell its intermodal division and two smaller Omni Logistics units, anticipating a significant $250 million revenue loss due to a major customer's departure. This decision follows a strategic review in 2025 where a full company sale was considered but not finalized. The company reported a net loss of $40.2 million for Q1 2026, though its Expedited Freight revenue saw an increase.
Forward Air Corp stock (US3498531017): what the latest guidance cut and leadership change mean for i
Forward Air Corp has recently cut its 2026 financial guidance and announced a leadership transition following the integration of Omni into its network. These changes have brought the niche air freight and logistics specialist back into focus for US investors, highlighting the company's sensitivity to integration risks and shifting demand patterns in the volatile freight market. The article details Forward Air's asset-light business model, key revenue drivers, and its positioning within the domestic freight and logistics sector, emphasizing how these strategic shifts will impact its future performance and investor interest.
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Forward Air Corporation - FWRD
Pomerantz LLP is investigating potential securities fraud claims against Forward Air Corporation (NASDAQ: FWRD) on behalf of investors. This investigation follows a significant drop in Forward Air's stock price after the company reported a net loss for Q1 2026 and disclosed that a major customer, representing $250 million in annual revenue, is transitioning its business to other providers. Additionally, Forward Air revealed its strategic alternatives process failed to yield actionable sale proposals due to these customer-related developments.
Why is Forward Air Considering Selling Omni Logistics?
Forward Air (FWRD) is nearing the conclusion of a strategic review concerning its controversial 2024 acquisition of Omni Logistics, with a divestiture of Omni or parts of it being strongly considered. Despite initial backlash and significant debt incurred from the $2.1 billion deal, Omni Logistics has shown surprising operational resilience and improved financial performance post-merger. A potential sale of Omni's "non-core" segments could help FWRD deleverage, refocus its core business, and unlock shareholder value, though execution risks remain.
FORWARD AIR STOCKHOLDER ALERT: Bragar Eagel & Squire, P.C.
Bragar Eagel & Squire, P.C. is investigating Forward Air Corporation (NASDAQ:FWRD) on behalf of its stockholders due to potential violations of federal securities laws and unlawful business practices. This investigation follows a significant decline in Forward Air's stock price by approximately 43% after the company disclosed a 5.1% revenue decline in Q1 2026, a net loss of $40.2 million, and the impending loss of a major customer accounting for $250 million in annual revenue. The firm is encouraging affected investors to contact them to discuss their legal options.
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Forward Air Corporation - FWRD
Pomerantz LLP is investigating Forward Air Corporation (FWRD) due to potential securities fraud after the company reported a significant decrease in revenue, a net loss, and the impending loss of a major customer. These disclosures caused Forward Air's stock price to drop over 43% in one day. The firm is inviting investors to join a potential class action lawsuit.
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Forward Air Corporation - FWRD
Pomerantz LLP is investigating potential securities fraud claims against Forward Air Corporation (FWRD) after the company reported a significant decrease in operating revenues, a net loss, and the loss of a major customer. The disclosure that a customer representing approximately $250 million of their 2025 revenue would transition business to other providers, along with the failure of strategic alternative discussions, led to a 43.05% drop in Forward Air's stock price. Investors are encouraged to contact Pomerantz LLP regarding this investigation.
Forward Air anticipates noncore asset sales within 60-90 days and by year-end, while customer transition is expected to start in early 2027
Forward Air expects to sell noncore assets within 60-90 days and by the end of the year, signaling strategic divestitures. The company also anticipates commencing customer transition activities in early 2027. This timeline suggests a phased approach to restructuring and optimizing its business operations.
Forward Air (Nasdaq:FWRD) - Stock Analysis
Forward Air (FWRD) shares have experienced significant volatility and losses over the past year, trading at an 85.8% discount to fair value according to Simply Wall St. The company faces major challenges including the loss of a key customer, missed earnings expectations, and high debt from the Omni Logistics acquisition, leading to a recent 45% stock plunge. Despite plans for asset sales and operational improvements to reduce debt and refocus the business, analysts remain cautious about its profitability and share price stability.
FORWARD AIR CORPORATION INVESTOR ALERT: Kirby McInerney LLP Announces Investigation Into Potential Securities Fraud
Kirby McInerney LLP has initiated an investigation into Forward Air Corporation (NASDAQ:FWRD) regarding potential securities fraud. This follows Forward Air's Q1 2026 financial results showing a significant revenue decrease and net loss, coupled with the disclosure of a major customer transitioning out, impacting $250 million in annual revenue. The news caused a 43% drop in Forward Air's stock price, and the law firm is exploring claims under federal securities laws.
What's Going On With Forward Air Stock Tuesday?
Forward Air Corporation's stock fell 8.51% due to customer loss risk and a failed strategic review, despite narrowing Q1 losses and improved operational metrics. The company faces a potential $250 million revenue loss from a major customer and plans to sell non-core assets after its strategic review found no actionable proposals for a company sale. Despite the stock being oversold with a 49.45% decline over 12 months, analysts maintain a "Buy" rating with an average price target of $24.00.
FORWARD AIR ALERT: Bragar Eagel & Squire, P.C. is
Bragar Eagel & Squire, P.C., a stockholder rights law firm, is investigating potential claims against Forward Air Corporation (NASDAQ:FWRD) after the company announced a significant decrease in first-quarter revenue and a net loss. This investigation comes after Forward Air disclosed the loss of a major customer, impacting approximately $250 million of its 2025 revenue, and the failure of its strategic alternatives review to yield actionable sale proposals. Following this news, Forward Air's stock price dropped by approximately 43%.
Forward Air Corp stock (US3498531017): Q1 revenue falls but loss narrows
Forward Air Corp reported a 5.1% year-over-year revenue decline to $582 million in Q1 2026, though its net loss narrowed significantly to $40.2 million from $61.2 million, attributed to cost controls and lower transportation expenses. Operating income surged to $20.4 million, despite softer volumes. The company's stock is currently trading at $10.01, below its 20-day moving average and showing oversold conditions.
Cetus Capital holds 0.76% of Forward Air (NASDAQ: FWRD) in 13G/A
Cetus Capital VI, L.P. has filed an amended Schedule 13G/A, disclosing beneficial ownership of 245,588 shares of Forward Air Corporation (NASDAQ: FWRD), which represents 0.76% of the company's common stock. This passive investment gives Cetus Capital sole voting and dispositive power over these shares. The filing is routine for sub-5% passive positions and is based on 32,448,712 shares outstanding as of April 21, 2026.
Number of shareholders of Forward Air Corporation – NASDAQ:FWRD
This article provides details on the number of shareholders of Forward Air Corporation (NASDAQ: FWRD). The content focuses on financial data for the company, accessible through the TradingView platform. It highlights the availability of this information within the stock's financial overview.
FORWARD AIR CORPORATION INVESTOR ALERT: Kirby McInerney LLP Announces Investigation Into Potential Securities Fraud
Kirby McInerney LLP has initiated an investigation into potential securities fraud claims against Forward Air Corporation (NASDAQ: FWRD) following a significant drop in its stock price. The investigation stems from the company's first-quarter 2026 financial results, which included reduced revenues, a net loss, and the disclosure of a major customer transitioning business away from Forward Air. This news led to a 43% decline in Forward Air shares.
Forward Air (NASDAQ: FWRD) narrows loss but faces major customer transition
Forward Air (NASDAQ: FWRD) reported a Q1 2026 net loss of $40.2 million, an improvement from the previous year, despite a 5.1% decline in operating revenues to $582.0 million. The company faces a significant challenge as its largest customer, representing about 12% of Q1 revenue, plans to transition a substantial portion of its contract logistics business to other providers over the next two years. In response, Forward Air is pursuing the sale of non-core assets, including its Intermodal segment, to deleverage and streamline its operations.
What's Going On With Forward Air Shares On Monday?
Forward Air (NASDAQ: FWRD) shares are trading higher on Monday, supported by a positive broader market and improved first-quarter financial results. While the company reported a revenue decrease year-over-year, its net loss narrowed, and liquidity increased to over $400 million due to cost control. Analysts maintain a "Buy" rating on the stock, despite recent target reductions, as technical indicators suggest the stock is oversold with potential for a rebound.
Forward Air Merger $28M Securities Class Action Settlement
Investors who held Forward Air Corp. shares as of August 10, 2023, may be eligible for a cash payment from a $28 million class action settlement. The lawsuit alleged that Forward Air and certain directors violated Tennessee law and breached fiduciary duties by not allowing common stockholders to vote on the merger with Omni Newco LLC. Class members must file a claim by July 10, 2026, and the payout amount will depend on the number of eligible shares held and the total valid claims submitted.
Forward Air Narrows Loss in Q1 as Revenue Declines 5.1%
Forward Air reported a narrower net loss of $40.2 million in the first quarter of 2026, compared to $61.2 million a year prior, despite a 5.1% decline in total revenue to $582.1 million. The company cited headwinds and the loss of a major customer as factors, and noted that a strategic review did not result in a sale, leading to a focus on divesting non-core assets. While expedited freight revenue increased, Omni Logistics and intermodal segments experienced declines.
Forward Air Corporation Reports First Quarter 2026 Results
Forward Air Corporation (NASDAQ: FWRD) reported its financial results for the first quarter of 2026, showing improved operating income and strong liquidity. The company also provided updates on active discussions with a major customer regarding business transition and announced plans to pursue the sale of non-core assets, including its Intermodal segment and smaller legacy Omni businesses, to enhance shareholder value and deleverage its balance sheet.
Earnings call transcript: Forward Air sees 300% rise in Q1 2026 operating income
Forward Air Corporation reported a 300% year-over-year increase in operating income for Q1 2026, reaching $20 million, despite a 5.56% drop in stock price. The company plans to divest non-core assets, including its Intermodal segment and two smaller Omni businesses, to focus on its core logistics services. Management also addressed a potential transition of business from a major customer, emphasizing that it's a diversification play rather than a service-related issue, with no material impact expected in 2026.
Forward Air (FWRD) Q1 2026 Earnings Transcript
Forward Air (FWRD) discussed its Q1 2026 earnings, revealing ongoing negotiations with a major customer about transitioning a "significant portion" of business, potentially impacting revenue starting in early 2027. The company's strategic review did not result in a sale, leading to a pivot towards divesting non-core intermodal and Omni logistics assets totaling $394 million in 2025 revenue to delever and refocus the business. Despite industry challenges, Forward Air improved operating income and cash generation, while management expressed cautious optimism about emerging positive freight market indicators.
Forward Air Corporation (NASDAQ:FWRD) Q1 2026 Earnings Call Transcript
Forward Air Corporation (NASDAQ:FWRD) announced Q1 2026 earnings, reporting a miss on EPS expectations and discussing a potential significant customer transition starting in early 2027. The company is pivoting to sell non-core assets, including its intermodal segment and two smaller Omni businesses, representing about $394 million in 2025 revenue, to delever and refocus services. Despite a challenging logistics market, Forward Air is cautiously optimistic about improving freight demand indicators, maintaining a focus on customer service, and strategic cost management.
Forward Air Corporation Shareholders Are Encouraged to
Johnson Fistel, PLLP is investigating potential claims on behalf of investors of Forward Air Corporation (NASDAQ: FWRD) following a sharp decline in the company's stock price. This investigation stems from Forward Air's recent financial disclosures, which included a reduction in revenue, a net loss, and the potential loss of a significant customer worth approximately $250 million in annual revenue. The firm is examining whether Forward Air complied with federal securities laws given these developments and the failure of its strategic alternatives process to yield actionable proposals for a sale.
Forward Air Corporation Shareholders Are Encouraged to
Johnson Fistel, PLLP is investigating potential claims on behalf of investors in Forward Air Corporation (NASDAQ: FWRD) following a significant drop in its stock price. The investigation stems from the company's Q1 2026 financial results, which reported a decrease in operating revenues, a net loss, and the potential loss of a major customer representing $250 million in annual revenue. Forward Air also disclosed that its strategic alternatives review did not result in any actionable proposals for a sale due to these developments.
Forward Air Q1 Loss Narrows, But Revenue Declines
Forward Air Corporation (FWRD) reported a narrower net loss in the first quarter, despite a decrease in revenue, primarily due to significantly lower losses from other operations. The company's net loss decreased to $40.20 million from $61.19 million in the prior-year period. However, operating revenue declined by 5.1% to $582.05 million.
