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Trucking and logistics provider Forward Air increased revenue the first quarter of the year but income fell compared to the same time in 2013.
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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.
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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.
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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.
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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.
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