Forward Air Corp.
Company Overview
Forward Air Corporation is a leading asset-light freight and logistics company in North America. The company provides less-than-truckload (LTL), truckload, intermodal and pool distribution services across the United States and Canada. Their main business activities include expedited LTL freight transportation, truckload premium services, intermodal container transportation, and pool distribution services.
The company primarily serves the air freight and logistics industry, including freight forwarders, airlines, and integrated air cargo carriers. They specialize in the transportation of cargo that requires time-definite delivery and special handling.
Use of Interest
| Reporting Date | Total Revenue | Total Operating Expense | Interest Income | Interest Expense | Interest Income Ratio | Interest Expense Ratio |
|---|---|---|---|---|---|---|
| Sept. 30, 2024 | $655.94m | $686.01m | - | $52.77m | 0.00% | 7.69% |
| June 30, 2024 | $643.67m | $1.79b | - | $47.27m | 0.00% | 2.65% |
| March 31, 2024 | $541.81m | $648.3m | - | $40.75m | 0.00% | 6.29% |
Company Impact
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