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Forward Air Corporation — Third Quarter 2026 Earnings Summary

Forward Air Corporation reported record revenue of $673.9 million for the third quarter of 2026, representing a 6.7% increase from the prior year period. The company achieved an operating income of $43.9 million and consolidated EBITDA of $101.5 million, driven by strong performance across its Expedited Freight, Omni Logistics, and Intermodal segments. Net income from continuing operations turned positive at $9.1 million, a significant improvement from the $23.8 million loss recorded in the same quarter of 2025. Additionally, liquidity improved to $446 million, and the company reported its lowest net leverage ratio since the first quarter of 2024.

Company
FORWARD AIR CORP
Sector
Industrials
Industry
Integrated Freight & Logistics