Business
Forward Air to Participate in Upcoming Stifel Conference and Provides Update on Fourth Quarter 2021 Performance
GREENEVILLE, Tenn.--(BUSINESS WIRE)-- Forward Air Corporation (NASDAQ: FWRD) (the “Company”, “Forward”, “we”, “our”, or “us”), will participate in the Stifel
About this update from Forward Air Corporation
[{"type":"text","content":" GREENEVILLE, Tenn.--(BUSINESS WIRE)--\nForward Air Corporation (NASDAQ: FWRD) (the “Company”, “Forward”, “we”, “our”, or “us”), will participate in the Stifel 2022 Transportation and Logistics Conference on Tuesday, February 8, 2022 and Wednesday, February 9, 2022. In connection with its participation in the conference, the Company today provided the following key Expedited Freight Operating Statistics for the quarter ended December 31, 2021. Revenue per shipment increased 59.6%, revenue per hundredweight increased 13.4%, weight per shipment increased 37.4% and pounds per day increased 18.0% over the same period in 2020.\nThis press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220125006140/en/(Photo: Business Wire)\nTom Schmitt, Chairman, President, and Chief Executive Officer of Forward, commented, “Our key operating statistics for the quarter ended December 31, 2021 were even stronger than for the quarter ended September 30, 2021. The solid growth is the result of sustained collaboration with our customers on the selection of higher-quality freight in our network and continued strong demand for our premium services. We believe the notable improvement in the fourth quarter operating statistics illustrate the positive momentum in our business.”\n\nAbout Forward Air Corporation\n\nForward Air Corporation (NASDAQ: FWRD) is a leading asset-light freight and logistics company that provides services across the United States and Canada. We provide expedited less-than-truckload (“LTL”) services, including local pick-up and delivery, shipment consolidation/deconsolidation, warehousing, and customs brokerage by utilizing a comprehensive national network of terminals. In addition, we offer final mile services, including delivery of heavy-bulky freight, truckload brokerage services, including dedicated fleet services; and intermodal, first-and last-mile, high-value drayage services, both to and from seaports and railheads, dedicated contract and Container Freight Station warehouse and handling services. We are more than a transportation company. As a single resource for your shipping needs, Forward is your supply chain partner. For more information, visit our website at www.forwardaircorp.com.\n\nThis press release may contain statements that might be considered as forward-looking state...