Lets Talk Finances

Provoking Discussion on Personal Finance and Investing

FWRD - Forward Air Corporation ()

Overview

Company Summary


Forward Air Corporation (FWRD) is a transportation and logistics company that provides a range of services to the air cargo industry. The company operates as a provider of time-definite surface transportation and related logistics services primarily to the North American air freight and expedited LTL (less-than-truckload) markets.

Forward Air operates a robust network of hubs and facilities strategically located throughout the United States and Canada. These hubs are connected by the company's efficient line-haul network, allowing for timely and reliable delivery of time-sensitive shipments. Their network primarily focuses on the transportation of air cargo from airports to their customers' destination points.

The company offers a variety of services to meet the unique needs of the air cargo industry. Their core service, known as Expedited LTL, combines the speed of air transportation with the cost-effectiveness of ground logistics. This service is designed to deliver small but urgent shipments quickly and efficiently, often within one to two days.

In addition to their Expedited LTL services, Forward Air provides truckload and intermodal drayage services, meaning they handle the transportation of large shipments that require full trailer loads or the movement of cargo between different modes of transportation. They also offer final mile services, ensuring the smooth and timely delivery of shipments to their end destinations.

Forward Air serves a diverse customer base, including airlines, freight forwarders, and third-party logistics providers. They specialize in time-definite, mission-critical services that require quick and reliable transportation, making their services crucial for industries such as e-commerce, pharmaceuticals, and automotive.

Overall, Forward Air Corporation plays a vital role in the air cargo industry by integrating air and ground transportation services to provide efficient, cost-effective, and timely logistics solutions. Their extensive network and focus on time-definite delivery make them a trusted partner for businesses relying on reliable transportation of their goods.

Notes (see all)

News