Forward Air Corporation (FWRD) Soars 2.77%

Forward Air Corporation (FWRD) Soars 2.77%

Forward Air Corporation is a Forward Air Corp is an asset-light freight and logistics company. The company’s operating segment includes Expedited Freight, Intermodal, and Pool Distribution.

Forward Air Corporation (FWRD) had a good day on the market for Tuesday March 30 as shares jumped 2.77% to close at $89.34. About 107,908 shares traded hands on 2,820 trades for the day, compared with an average daily volume of n/a shares out of a total float of 27.53 million. After opening the trading day at $87.16, shares of Forward Air Corporation stayed within a range of $89.97 to $86.13.

With today’s gains, Forward Air Corporation now has a market cap of $2.46 billion. Shares of Forward Air Corporation have been trading within a range of $93.53 and $40.75 over the last year, and it had a 50-day SMA of $n/a and a 200-day SMA of $n/a.

Forward Air Corp is an asset-light freight and logistics company. The company’s operating segment includes Expedited Freight, Intermodal, and Pool Distribution. It generates maximum revenue from the Expedited Freight segment. Expedited Freight segment operates a comprehensive national network to provide expedited regional, inter-regional and national LTL (less-than-truckload) services. It also offers customers local pick-up and delivery and other services including final mile, truckload, shipment consolidation and deconsolidation, warehousing, customs brokerage, and other handling.

Forward Air Corporation is based out of Greeneville, TN and has some 4,144 employees. Its CEO is Thomas Schmitt.

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