Forward Air Corp.
- FWRD · Nasdaq
- Arrangement of Transportation of Freight & Cargo
- Dallas, TX
- 6,062 employees
- CIK 0000912728
Updated from SEC filings through
Top things to know
Executives
- Shawn Stewart Chief Executive Officer 4, 2026-05-01
- Jamie G. Pierson CFO 4, 2026-03-17
- Jamie Pierson Chief Financial Officer 10-K, 2026-03-11
- Altena Jonathan Van President, Europe 3, 2026-06-29
- Fabio de Moraes Mendunekas President, LATAM 3, 2026-06-29
- Justin Lindsay President, U.S. & Canada 3, 2026-06-29
What leadership is saying
“We are pleased to deliver another quarter of very solid results”
Earnings press release (8-K Ex. 99.1), filed November 9, 2026
Forward Air Corp is a U.S. public company in arrangement of transportation of freight & cargo (SIC 4731), headquartered in Dallas, TX. It trades as FWRD on Nasdaq. Revenue was $2.5B in the fiscal year ending December 31, 2025, +0.8% from the year before. It reported about 6,062 employees. Shawn Stewart is Chief Executive Officer.
Five-year financials
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | $2.5B 10-K, 2026-03-11 | $2.5B 10-K, 2026-03-11 | $1.4B 10-K, 2026-03-11 | $1.7B 10-K, 2025-03-24 | $1.4B 10-K, 2024-03-15 |
| Operating income | $36.4M 10-K, 2026-03-11 | -$1.1B 10-K, 2026-03-11 | $88.2M 10-K, 2026-03-11 | $248M 10-K, 2025-03-24 | $147M 10-K, 2024-03-15 |
| SG&A | Not on file | Not on file | Not on file | Not on file | Not on file |
| Net income | -$108M 10-K, 2026-03-11 | -$817M 10-K, 2026-03-11 | $167M 10-K, 2026-03-11 | $193M 10-K, 2025-03-24 | $106M 10-K, 2024-03-15 |
Annual figures from XBRL in each company's own filings. Click a figure to open the filing. SG&A marked derived is general and administrative plus selling and marketing.
Leadership and board
| Name | Title | Source |
|---|---|---|
| Shawn Stewart | Chief Executive Officer | 4, 2026-05-01 |
| Jamie G. Pierson | CFO | 4, 2026-03-17 |
| Jamie Pierson | Chief Financial Officer | 10-K, 2026-03-11 |
| Altena Jonathan Van | President, Europe | 3, 2026-06-29 |
| Fabio de Moraes Mendunekas | President, LATAM | 3, 2026-06-29 |
| Justin Lindsay | President, U.S. & Canada | 3, 2026-06-29 |
| Yanqing Zhu | President, Asia Pacific | 3, 2026-06-29 |
| Karl Khambatta | Chief Transformation Officer | 3, 2026-06-29 |
| Lance Sons | Chief Information Officer | 3, 2026-06-29 |
| Doug Smith | Named in proxy bio: Chief People Officer | DEF 14A, 2026-04-29 |
| Eric Brandt | Named in proxy bio: Chief Commercial Officer | DEF 14A, 2026-04-29 |
| Timothy Osborne | Named in proxy bio: President, U.S. & Canada | DEF 14A, 2026-04-29 |
| James Faught | Chief Accounting Officer | 10-K, 2026-03-11 |
| Douglas James Smith | Chief People Officer | 4, 2026-02-23 |
| Eric Frederick Brandt | Chief Commercial Officer | 4, 2026-02-23 |
| James R. Faught | Chief Accounting Officer | 4, 2026-02-23 |
What Forward Air Corp does
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.
Item 1. Business, 10-K for the year ending December 31, 2025
Shares and governance
| Shares outstanding | 33.8 million (as of November 4, 2026) | 10-Q, November 9, 2026 |
|---|---|---|
| Public float | $599M (as of June 30, 2025) | 10-K, March 11, 2026 |
| Reportable segments | 3 (period ending September 30, 2026) | 10-Q, November 9, 2026 |
| Latest proxy statement | Meeting June 17, 2026 (filed April 29, 2026) | DEF 14A, April 29, 2026 |
| Auditor | Kpmg LLP (Dallas, Texas) | Latest 10-K |
Recent 8-K events
- 8-K filed 2026-10-28
- Item 8.01 Other events
- 8-K filed 2026-08-05
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2026-07-21
- Item 7.01 Regulation FD disclosure
- 8-K filed 2026-07-10
- Item 5.02 Departure or appointment of directors or officers; compensation
- 8-K filed 2026-06-17
- Item 5.07 Submission of matters to a vote of security holders
- 8-K filed 2026-05-07
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2026-04-29
- Item 5.02 Departure or appointment of directors or officers; compensation
- 8-K filed 2026-02-23
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2025-11-05
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2025-10-15
- Item 5.02 Departure or appointment of directors or officers; compensation
Frequently asked questions about Forward Air Corp
- What does Forward Air Corp do?
- In its own words, from Item 1 of its 10-K: "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."
- What is Forward Air Corp's revenue?
- $2.5B for the fiscal year ending December 31, 2025, from its 10-K filed March 11, 2026.
- Is Forward Air Corp profitable?
- Forward Air Corp reported net income of -$108M for the fiscal year ending December 31, 2025.
- How many employees does Forward Air Corp have?
- About 6,062 as of December 31, 2025, as stated in its annual report.
- Who is the CEO of Forward Air Corp?
- Shawn Stewart, Chief Executive Officer, as named in a 4 filed May 1, 2026.
- Who is the CFO of Forward Air Corp?
- Jamie G. Pierson, CFO, as named in a 4 filed March 17, 2026.
- Where is Forward Air Corp headquartered?
- Dallas, TX.
- What is Forward Air Corp's stock ticker?
- FWRD on Nasdaq.
- What industry is Forward Air Corp in?
- Arrangement of Transportation of Freight & Cargo, SIC code 4731.
- What is Forward Air Corp's website?
- omnilogistics.com.
- When does Forward Air Corp report earnings next?
- November 9, 2026 at 16:30. Source: ir_events.
- Is Forward Air Corp a public company?
- Yes. Forward Air Corp files with the SEC under CIK 0000912728 and trades as FWRD.
- Who audits Forward Air Corp?
- Kpmg LLP, Dallas, Texas, as named in its latest annual report (10-K).
- How many shares of Forward Air Corp are outstanding?
- 33.8 million shares as of November 4, 2026, from its 10-Q filed November 9, 2026.
- What is Forward Air Corp's public float?
- $599M as of June 30, 2025, as reported on the cover of its 10-K filed March 11, 2026.
- How many business segments does Forward Air Corp report?
- 3 reportable segments for the period ending September 30, 2026, from its 10-Q filed November 9, 2026.
- When is Forward Air Corp's annual shareholder meeting?
- June 17, 2026, per its proxy statement (DEF 14A) filed April 29, 2026.