Forward

Greeneville, United States Founded: 1993 • Age: 33 yrs Acquired By Hub Group
Expedited ground transportation and freight services are offered.
Annual revenue $2.5B Latest available
Total funding - Funding intelligence
Employees 6320 Tracked headcount
Investors 1 Known backers
Products 4 Services tracked
Competitors - Brand Intelligence

About Forward

Forward is a company based in Greeneville (United States) founded in 1993 was acquired by Hub Group in December 2023. It operates as a Managed Services and Brokerage / Intermediation. The company has 6,320 employees as of December 31, 2024. Forward has completed 15 acquisitions, including Atlantic Trucking, CLW Delivery and Chickasaw Container Services. Forward offers products and services including Expedited LTL, Truckload, Intermodal Drayage, and Brokerage.

  • Headquarter Greeneville, United States
  • Employees 6320 as on 31 Dec, 2024
  • Stage Public
  • Sectors
    Transportation, Automotive & Logistics
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Forward Air Corporation
Operational Areas
Transportation, Automotive & Logistics → Road Transportation & Transit Systems Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $2.47 B (USD)
    80.51
    as on Dec 31, 2024
  • Net Profit
    -$810.58 M (USD)
    -7272.02
    as on Dec 31, 2024
  • EBITDA
    $109.44 M (USD)
    -24.84
    as on Dec 31, 2024
  • Latest Funding Round
    Not available
  • Investors
  • Employee Count
    6320

    as on Dec 31, 2024

  • Investments & Acquisitions
  • Acquired by
    Hub Group

    (Dec 20, 2023)

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IPO & Listings of Forward

Forward is a publicly listed company on the NASDAQ with ticker symbol FWRD in USA, operating in the Transportation sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: NASDAQ · Ticker: FWRD · Sector: Transportation · USA

Products & Services of Forward

Forward offers a comprehensive portfolio of products and services, including Expedited LTL, Truckload, Intermodal Drayage, and Brokerage.

Product name locked
Category locked
Primary

Expedited LTL solutions are provided across North America.

Product name locked
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Truckload services are offered for various U.S. regions.

Product name locked
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Intermodal services are managed for import-export supply chains.

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Brokerage services are provided for freight management solutions.

People of Forward

Headcount 5000-10000
Employee Profiles 196
Board Members and Advisors 6
Employee Profiles
People
Tim Osborne
Regional / Senior VP Of Operations
People
Jay Tomasello
CIO
People
Andres Hernandez
Network Engineer
People
Adam Smrtic
Industrial Engineer

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Board Members and Advisors
people
Javier Polit
Director

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Funding Insights of Forward

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Detailed funding history for Forward

Round names, dates, amounts, investors, and valuation history require an active premium plan.

  • Round names and dates
  • Funding amounts
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  • Valuation history

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Investors in Forward

Forward has secured backing from 1 investor. Prominent investors backing the company include Hub Group.

All
Investor Description Founded Year Domain Location
Transportation and logistics services are managed across North America.
Locked Locked Locked
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Investor details for Forward

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  • Participation history

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Investments & Acquisitions by Forward

Forward has strategically engaged in corporate development activities, having acquired 15 companies. Notable acquisitions include Atlantic Trucking, CLW Delivery and Chickasaw Container Services.

Investments
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Investment portfolio details for Forward

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  • Portfolio identities
  • Transaction dates
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Acquisitions
Company Name Description Domain Location Founded Year Amount
Multi-modal freight forwarding and logistics services are offered.
Locked Locked 2020 Locked
Trucking services are provided for freight transportation needs.
Locked Locked 2001 Locked
Truck transportation services are provided across the United States.
Locked Locked 2001 Locked
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Complete acquisition details for Forward

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  • Domains and locations

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Financial Statements - Forward

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Detailed financials for Forward

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  • Profit trends
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  • Financial ratios

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Forward Comparisons

Forward Primary company
Description
Expedited ground transportation and freight services are off...
Location
Greeneville, United States
Founded Year
1993
Annual Revenue
$2.47 B (USD)
Net Profit
-$810.58 M (USD)
EBITDA
$109.44 M (USD)
Employees
6,320
As of 2024
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Peer comparison for Forward

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Competitors of Forward

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Detailed competitors of Forward

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Latest news on Forward

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Complete news archive for Forward

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  • Source and publication date
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  • Brand-specific news history

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Frequently Asked Questions about Forward

Forward was founded in 1993.

Forward is headquartered in Greeneville, United States. It is registered at Greeneville, Tennessee, United States.

As of Dec 31, 2024, the latest employee count at Forward is 6,320.

Annual revenue of Forward is $2.47B as on Dec 31, 2024.

Forward is established as a leading provider of ground freight transportation solutions across North America. Services are offered in expedited less-than-truckload (LTL), truckload, intermodal drayage, and brokerage, catering to diverse shipping needs. With over 40 years of industry experience, a vast network of facilities and daily lanes is maintained to ensure speed, accuracy, and reliability. Operations are supported by advanced technology for real-time visibility and guaranteed delivery performance. The company is committed to safe, efficient, and on-time delivery, serving various sectors with tailored freight management solutions.

Forward offers Expedited LTL, Truckload, Intermodal Drayage, and Brokerage.

Yes, Forward is publicly traded on NASDAQ under the ticker symbol FWRD.

Forward has made 15 acquisitions, including Atlantic Trucking, CLW Delivery, and Chickasaw Container Services.

Forward has 1 investor. Key investors include Hub Group.

The ticker symbol of Forward is FWRD on NASDAQ.

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