Forward Air Corporation Financial Overview
I
Forward Air..
CORPORATION
Origins: Expedited Ground Alternative to Airline Linehaul
1981 Landair Services
"Time definite Truckload services for the air cargo industry"
• Asset-based Truckload
•
Asset-light LTL
History
1990 Forward Air Operations
of Landair Services
1993 Landair IPO
"Scheduled LTL services to air freight forwarders, air cargo carriers & airlines"
• 1.2M lbs/week
1998 Forward Air Separation
(Landair spin-off)
"Largest and most comprehensive surface transportation network for
deferred air freight"
Organic
Growth
+
M&A
•
17.3M lbs/week
2015 Towne Air Freight
2018
-
Acquisition
"Leading provider of time-definite surface transportation and related logistics
services to the North American expedited ground freight market"
"Asset-light freight and logistics company"
.
Expedited LTL: 50.2M lbs/week
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