# Forward Air Corp (FWRD)

> Cited company facts from SEC filings, by Steadybase. Web page: https://steadybase.io/company/forward-air-corp/ JSON: https://steadybase.io/company/forward-air-corp.json Checked Nov 10, 2026. Latest filing read: Aug 5, 2026.

## Company

- Legal name: FORWARD AIR CORP
- Ticker: FWRD (Nasdaq)
- SEC CIK: 0000912728
- Industry: Arrangement of  Transportation of  Freight & Cargo (SIC 4731)
- Headquarters: Dallas, TX
- Fiscal year ends: December 31
- SEC filer category: Accelerated filer
- Website: omnilogistics.com
- LinkedIn: https://www.linkedin.com/company/healthy-life-choices
- Next earnings date: Nov 9, 2026

## Key facts

- Revenue: $2.5B for the fiscal year ended Dec 31, 2025 (10-K filed Mar 11, 2026). Source: https://www.sec.gov/Archives/edgar/data/912728/000162828026016793/0001628280-26-016793-index.html
- Operating income: $36.4M for the fiscal year ended Dec 31, 2025 (10-K filed Mar 11, 2026). Source: https://www.sec.gov/Archives/edgar/data/912728/000162828026016793/0001628280-26-016793-index.html
- Net income: -$107.8M for the fiscal year ended Dec 31, 2025 (10-K filed Mar 11, 2026). Source: https://www.sec.gov/Archives/edgar/data/912728/000162828026016793/0001628280-26-016793-index.html
- Employees: 6,062 as of Dec 31, 2025, as reported in an SEC filing. Source: https://www.sec.gov/Archives/edgar/data/912728/000162828026016793/fwrd-20251231.htm
- Shares outstanding: 33,752,531 as of Nov 4, 2026 (10-Q filed Nov 9, 2026). Source: https://www.sec.gov/Archives/edgar/data/912728/000162828026072131/0001628280-26-072131-index.html
- Auditor: Kpmg LLP, Dallas, Texas, named in the latest 10-K. Source: https://www.sec.gov/Archives/edgar/data/912728/000162828026016793/fwrd-20251231.htm

## Business

Forward Air Corporation (“Forward”, the “Company”, “we”, “our”, or “us”) is a leading asset-light provider of transportation services. We provide ground transportation, air and ocean forwarding, intermodal drayage services and contract logistics across North and South America, Europe and Asia. We also provide customized asset-light, high-touch logistics and supply chain management solutions with deep customer relationships in high-growth end markets.

Source: Item 1. Business, https://www.sec.gov/Archives/edgar/data/912728/000162828026016793/fwrd-20251231.htm

## Annual results

| Fiscal year ended | Revenue | Operating income | Net income |
|---|---|---|---|
| Dec 31, 2025 | $2.5B | $36.4M | -$107.8M |
| Dec 31, 2024 | $2.5B | -$1.1B | -$817.0M |
| Dec 31, 2023 | $1.4B | $88.2M | $167.4M |
| Dec 31, 2022 | $1.7B | $247.6M | $193.2M |
| Dec 31, 2021 | $1.4B | $147.0M | $105.9M |

Each figure comes from the annual report for that year. Filing links for every figure: https://steadybase.io/company/forward-air-corp.json

## Officers and directors

- Shawn Stewart, Chief Executive Officer. LinkedIn: https://www.linkedin.com/in/shawn-d-stewart. Source: Form 4 filed May 1, 2026, https://www.sec.gov/Archives/edgar/data/912728/000162828026029308/0001628280-26-029308-index.htm
- Jamie G. Pierson, CFO. Source: Form 4 filed Mar 17, 2026, https://www.sec.gov/Archives/edgar/data/912728/000162828026018700/0001628280-26-018700-index.htm
- Jamie Pierson, Chief Financial Officer. Source: 10-K filed Mar 11, 2026, https://www.sec.gov/Archives/edgar/data/912728/000162828026016793/fwrd-20251231.htm
- Altena Jonathan Van, President, Europe. Source: Form 3 filed Jun 29, 2026, https://www.sec.gov/Archives/edgar/data/912728/000162828026046030/0001628280-26-046030-index.htm
- Fabio de Moraes Mendunekas, President, LATAM. Source: Form 3 filed Jun 29, 2026, https://www.sec.gov/Archives/edgar/data/912728/000162828026046033/0001628280-26-046033-index.htm
- Justin Lindsay, President, U.S. & Canada. Source: Form 3 filed Jun 29, 2026, https://www.sec.gov/Archives/edgar/data/912728/000162828026046027/0001628280-26-046027-index.htm
- Yanqing Zhu, President, Asia Pacific. Source: Form 3 filed Jun 29, 2026, https://www.sec.gov/Archives/edgar/data/912728/000162828026046036/0001628280-26-046036-index.htm
- Karl Khambatta, Chief Transformation Officer. Source: Form 3 filed Jun 29, 2026, https://www.sec.gov/Archives/edgar/data/912728/000162828026046026/0001628280-26-046026-index.htm
- Lance Sons, Chief Information Officer. Source: Form 3 filed Jun 29, 2026, https://www.sec.gov/Archives/edgar/data/912728/000162828026046025/0001628280-26-046025-index.htm
- James Faught, Chief Accounting Officer. Source: 10-K filed Mar 11, 2026, https://www.sec.gov/Archives/edgar/data/912728/000162828026016793/fwrd-20251231.htm
- Douglas James Smith, Chief People Officer. Source: Form 4 filed Feb 23, 2026, https://www.sec.gov/Archives/edgar/data/912728/000162828026010539/0001628280-26-010539-index.htm
- Eric Frederick Brandt, Chief Commercial Officer. Source: Form 4 filed Feb 23, 2026, https://www.sec.gov/Archives/edgar/data/912728/000162828026010542/0001628280-26-010542-index.htm
- James R. Faught, Chief Accounting Officer. Source: Form 4 filed Feb 23, 2026, https://www.sec.gov/Archives/edgar/data/912728/000162828026010534/0001628280-26-010534-index.htm
- Jessica L. Herren, Chief Supply Chain Officer. Source: Form 4 filed Feb 23, 2026, https://www.sec.gov/Archives/edgar/data/912728/000162828026010538/0001628280-26-010538-index.htm
- Christine M. Gorjanc, independent Chair of the Board. Source: 8-K filed Jul 10, 2026, https://www.sec.gov/Archives/edgar/data/912728/000162828026047900/fwrd-20260710.htm
- Jérôme Lorrain, Executive Chairman and Director. Source: 10-K filed Mar 11, 2026, https://www.sec.gov/Archives/edgar/data/912728/000162828026016793/fwrd-20251231.htm
- Jerome Jean-Pierre LORRAIN, Executive Chairman. Source: Form 4 filed Feb 23, 2026, https://www.sec.gov/Archives/edgar/data/912728/000162828026010536/0001628280-26-010536-index.htm
- Michael L. Hance, CLO and Secretary. Source: Form 4 filed Mar 17, 2026, https://www.sec.gov/Archives/edgar/data/912728/000162828026018705/0001628280-26-018705-index.htm
- Timothy R. Osborne, Executive VP of Operations. Source: Form 4 filed Mar 17, 2026, https://www.sec.gov/Archives/edgar/data/912728/000162828026018708/0001628280-26-018708-index.htm
- Charles Anderson, Director. Source: 10-K filed Mar 11, 2026, https://www.sec.gov/Archives/edgar/data/912728/000162828026016793/fwrd-20251231.htm
- Christine Gorjanc, Director. Source: 10-K filed Mar 11, 2026, https://www.sec.gov/Archives/edgar/data/912728/000162828026016793/fwrd-20251231.htm
- Dale W. Boyles, Director. Source: 10-K filed Mar 11, 2026, https://www.sec.gov/Archives/edgar/data/912728/000162828026016793/fwrd-20251231.htm
- Paul Svindland, Director. Source: 10-K filed Mar 11, 2026, https://www.sec.gov/Archives/edgar/data/912728/000162828026016793/fwrd-20251231.htm
- Robert Edwards, Jr., Director. Source: 10-K filed Mar 11, 2026, https://www.sec.gov/Archives/edgar/data/912728/000162828026016793/fwrd-20251231.htm
- Charles L. Anderson, Board member (per proxy). Source: DEF 14A filed Apr 29, 2026, https://www.sec.gov/Archives/edgar/data/912728/000110465926051569/tm2612551-4_def14a.htm

## Recent 8-K events

- Oct 28, 2026: Item 8.01, Other events; Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/912728/000162828026067736/fwrd-20261028.htm
- Aug 5, 2026: Item 2.02, Results of operations and financial condition (earnings release); Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/912728/000162828026053272/fwrd-20260805.htm
- Jul 21, 2026: Item 7.01, Regulation FD disclosure; Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/912728/000162828026048928/fwrd-20260721.htm
- Jul 10, 2026: Item 5.02, Departure or appointment of directors or officers; compensation; Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/912728/000162828026047900/fwrd-20260710.htm
- Jun 17, 2026: Item 5.07, Submission of matters to a vote of security holders; Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/912728/000162828026043864/fwrd-20260617.htm
- May 7, 2026: Item 2.02, Results of operations and financial condition (earnings release); Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/912728/000162828026032056/fwrd-20260507.htm
- Apr 29, 2026: Item 5.02, Departure or appointment of directors or officers; compensation. Source: https://www.sec.gov/Archives/edgar/data/912728/000110465926051629/tm2612551d6_8k.htm
- Feb 23, 2026: Item 2.02, Results of operations and financial condition (earnings release); Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/912728/000162828026010569/fwrd-20260223.htm
- Nov 5, 2025: Item 2.02, Results of operations and financial condition (earnings release); Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/912728/000162828025049509/fwrd-20251105.htm
- Oct 15, 2025: Item 5.02, Departure or appointment of directors or officers; compensation. Source: https://www.sec.gov/Archives/edgar/data/912728/000162828025045052/fwrd-20251010.htm

## What management said

- "We are pleased to deliver another quarter of very solid results" Shawn Stewart, President and Chief Executive Officer (8-K filed Nov 9, 2026). Source: https://www.sec.gov/Archives/edgar/data/912728/000162828026072112/exhibit991-fwrdpressreleas.htm
- "We are pleased to deliver another solid quarter and we are seeing momentum from our transformational efforts, combined with an improving freight market" Shawn Stewart, President and Chief Executive Officer (8-K filed Aug 5, 2026). Source: https://www.sec.gov/Archives/edgar/data/912728/000162828026053272/exhibit991q22026pressrelea.htm

## Latest filings

- 8-K filed Oct 28, 2026: https://www.sec.gov/Archives/edgar/data/912728/000162828026067736/fwrd-20261028.htm
- 10-K filed Mar 11, 2026: https://www.sec.gov/Archives/edgar/data/912728/000162828026016793/fwrd-20251231.htm
- 10-Q filed Aug 5, 2026: https://www.sec.gov/Archives/edgar/data/912728/000162828026053329/fwrd-20260630.htm
- DEF 14A filed Apr 29, 2026: https://www.sec.gov/Archives/edgar/data/912728/000110465926051569/tm2612551-4_def14a.htm

## About this data

SEC EDGAR filings, read by Steadybase. Every value links to the filing it came from.
Steadybase covers US-headquartered public companies that file with the SEC. API and MCP access: https://steadybase.io/docs/