July 22, 2016 - Industry News
Profits for two trucking companies turned lower in the second quarter of the year while a third moved into the red, according to newly released earnings reports.
Tags: Economy, Werner Enterprises, Forward Air, Swift Transportation, Freight Rates, Fleet Earnings
April 21, 2016 - Industry News
UPDATED -- Truckload carrier Swift Transportation Co. saw its net income decline in the first quarter of the year while profit for the time definite surface transportation and logistics provider Forward Air Corp. more than doubled as refrigerated hauler Marten Transport Ltd. reported a boost in two ways.
Tags: Economy, Earnings, Forward Air, Swift Transportation, Fleet Earnings, Marten Transport
February 10, 2016 - Industry News
A record-setting fourth quarter for trucking company Forward Air Corp. has it looking forward to a banner 2016, while Rush Enterprises is cost-cutting to compensate for the low truck sales in the energy sector in 2015.
Tags: Economy, Equipment, Truck Sales, Rush Truck Centers, Rush Enterprises, Forward Air, Fleet Earnings
October 22, 2015 - Industry News
Two large trucking fleets reported big increases in profits for the third quarter of the year. A fleet management and related services conglomerate also saw a hike, but things slipped for a niche trucking provider.
Tags: Economy, Ryder, Werner Enterprises, Forward Air, Knight Transportation, Fleet Earnings
July 21, 2015 - Industry News
Two freight transportation providers, Forward Air and Hub Group, along with dealer group Rush Enterprises, saw second quarter earnings drop.
Tags: Economy, Rush Truck Centers, Rush Enterprises, Earnings, Forward Air, Hub Group, Truck Dealers, Fleet Earnings
April 23, 2015 - Industry News
Freight transportation provider Forward Air Corp.'s first quarter profit fell more than 50% from a year earlier on 20% higher revenue.
Tags: Earnings, Forward Air
March 10, 2015 - Industry News
Forward Air Corp. has formally completed is previously announced purchase CLP Towne Inc. combining two of the largest trucking companies moving freight to and from the nation’s airports.
Tags: Mergers & Acquisitions, Forward Air
February 11, 2015 - Industry News
The time-definite trucking and logistics services provider Forward Air Corp. has released figures showing a modest increases in earnings.
February 5, 2015 - Industry News
Forward Air Corp. has announced its Forward Air Inc. business has reached an agreement to purchase the trucking services provider CLP Towne Inc.
November 4, 2014 - Industry News
Forward Air Corp’s. motor carrier subsidiary, FAF Inc., is raising owner-operator pay effective Jan 4. The contractual base rate will increase by 10 cents per mile for team less-than-truckload and truckload express service, while rates for solo truckload express drivers will increase by 6 cents per mile.
Tags: Owner-Operators, Forward Air, Driver Pay
The trucking operation Forward Air Corp. announced its subsidiary, Central States Trucking Co., has purchased substantially all of the assets of Multi-Modal Trucking Inc. and Multi-Modal Services Inc., based in Indianapolis, Indiana.
October 24, 2014 - Industry News
Net income during the period was $16.7 million compared to $14.2 million in the prior-year quarter or 54 cents per diluted share compared with 46 cents per diluted share.
July 23, 2014 - Industry News
Forward Air has reported operating revenue for the quarter ended June 30, increased 21.3% to $193.9 million from $159.8 million for the same quarter in 2013.
April 21, 2014 - Industry News
Trucking and logistics provider Forward Air increased revenue the first quarter of the year but income fell compared to the same time in 2013.
February 11, 2014 - Industry News
Trucking company Forward Air has reported financial results showing a small increase in net income and revenue for all of last year while profit during the final three months of 2013 was close to that from a year earlier.
February 6, 2014 - Industry News
Forward Air announced Thursday that it has compelted its planned acquisition of all of the stock of Central States Trucking and Central States Logistics from Central States Inc. following news that it was making the purchase last month for $95.6 million.
January 23, 2014 - Industry News
The parent to a ground transportation provider in the air cargo industry, Forward Air Corporation, has signed a definitive agreement to acquire all of the stock of Central States Trucking Company and Central States Logistics, from Central States Inc.
Tags: Drivers, Mergers & Acquisitions, Forward Air
April 19, 2013 - Industry News
A trucking provider to the air cargo industry, Forward Air, reports both income and revenue during the first quarter of the year moved higher, despite a more challenging operating environment than expected.
Tags: Earnings, Forward Air, Fleet Financials
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