FWRD Stock Recent News

Forward Air CEO Tom Schmitt on how long the decline in consumer demand and slowdown in shipping from China will last.

Less-than-truckload provider Forward Air announced Thursday further deceleration in tonnage during the fourth quarter as pieces per shipment have declined 20% year over year (y/y). “Our customers and we are experiencing what we believe is a temporary but significant softening in the freight environment,” Chairman, President and CEO Tom Schmitt commented in regard to declines the company logged in October and November.

GREENEVILLE, Tenn.--( BUSINESS WIRE )--Forward Air Corporation (NASDAQ: FWRD) (the “Company” or “Forward”) is executing a growth strategy that involves organic infrastructure investments, such as its ongoing LTL network expansion, as well as inorganic investments, including acquisitions of complementary businesses. Today, Forward announced that on Tuesday, November 15, 2022, at approximately 1:00 p.m. CST, Tom Schmitt, Chief Executive Officer, and Rebecca Garbrick, Chief Financial Officer, will participate in a fireside chat at the Stephens 24th Annual Investment Conference in Nashville, Tennessee.

Asset-light transportation provider Forward Air announced Monday it has entered into an agreement to acquire intermodal drayage provider Chickasaw Container Services (CCS). The transaction is expected to close in November and will be funded with cash on hand.

Does Forward Air (FWRD) have what it takes to be a top stock pick for momentum investors? Let's find out.

Forward Air Corporation. (NASDAQ:FWRD ) Q3 2022 Earnings Conference Call October 27, 2022 9:00 AM ET Company Participants Thomas Schmitt - Chief Executive Officer Rebecca Garbrick - Chief Financial Officer Conference Call Participants Bruce Chan - Stifel Todd Fowler - KeyBanc Capital Markets Jack Atkins - Stephens Tyler Brown - Raymond James Christopher Kuhn - The Benchmark Company Stephanie Moore - Jefferies Scott Group - Wolfe Research Bascome Majors - Susquehanna Operator Thank you for joining Forward Air Corporation's Third Quarter 2022 Earnings Release Conference Call.

Forward Air (FWRD) delivered earnings and revenue surprises of 1.58% and 2.29%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Forward Air (FWRD) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

Does Forward Air (FWRD) have what it takes to be a top stock pick for momentum investors? Let's find out.

Tom Schmitt, chairman and CEO of Forward Air, joins 'Power Lunch' to discuss softening consumer demand, labor shortage for fleet crews, and more.