---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-24-007719"
form_type: "8-K"
ticker: "FWRD"
cik: "0000912728"
company_name: "FORWARD AIR CORP"
filed_at: "2024-02-29T23:59:59+00:00"
generated_at: "2026-06-05T07:48:07.779185+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Forward Air Q4 net loss $14.7M, revenue down 16%; adjusted EPS $0.81 beats guidance

## Summary
- Net loss of $14.7M ($0.58 diluted loss) vs net income of $39M ($1.45) in Q4 2022.
- Revenue $338M, down 16% YoY; LTL pounds per day +6%, weight per shipment +11%.
- Adjusted diluted EPS $0.81, above guidance range of $0.78-$0.80.
- Closed Omni Logistics acquisition on Jan 25, 2024; temporarily suspending earnings guidance due to integration.
- On-time service 98%, cargo claims ratio 0.09%; intermodal and truckload brokerage demand weaker.

## SEC filing metadata
- accession: 0001628280-24-007719
- form_type: 8-K
- ticker: FWRD
- cik: 0000912728
- company_name: FORWARD AIR CORP
- filed_at: 2024-02-29T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/912728/000162828024007719/0001628280-24-007719-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/912728/000162828024007719/fwrd-20240228.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-007719
- JSON: https://secwatch.observer/filing/0001628280-24-007719.json
- Plain text: https://secwatch.observer/filing/0001628280-24-007719.txt

## Key facts
- Earnings Releases
  FORWARD AIR CORP reported three months ended December 31, 2023 results: revenue $338,428, net income $(14,721), EPS $(0.58).
  - Period: three months ended December 31, 2023
  - Revenue: $338,428
  - Net income: $(14,721)
  - EPS: $(0.58)
  - Result: reported results
  source text: and achievements.” Continuing Operations Three Months Ended (in thousands, except per share data) December 31, 2023 December 31, 2022 Change Percent Change Operating revenue $ 338,428 $ 403,039 $ (64,611) (16.0) % Income from operations $ 3,000 $ 56,330 $ (53,330) (94.7) % Operating margin 0.9 % 14.0 % (1,310) bps Net income $ (14,721) $ 39,009 $ (53,730)
  evidence_url: https://www.sec.gov/Archives/edgar/data/912728/000162828024007719/0001628280-24-007719-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.