{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-25-008118","form_type":"8-K","ticker":"FWRD","cik":"0000912728","company_name":"FORWARD AIR CORP","filed_at":"2025-02-26T23:59:59+00:00","discovered_at":"2026-05-14T18:03:06.774950+00:00","generated_at":"2026-05-26T04:14:36.348894+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Forward Air Q4 revenue $633M (+87% YoY), net loss -$1.23/share; FY EBITDA $308M near top of guidance","bullets":["Q4 revenue $633M (+87% YoY); operating income $76M includes $79M goodwill impairment adjustment.","Full-year 2024 Consolidated EBITDA $308M, near top of guidance; achieved >$100M in annualized cost synergies.","Net loss from continuing operations -$35.4M vs -$14.7M prior year; diluted EPS -$1.23 vs -$0.58.","Liquidity $382M, down from $460M due to credit facility reduction and $60M interest payments.","Expedited Freight segment impacted by pricing strategy; corrective actions implemented; Omni Logistics posted best quarterly EBITDA post-acquisition."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-25-008118","json":"https://secwatch.observer/filing/0001628280-25-008118.json","markdown":"https://secwatch.observer/filing/0001628280-25-008118.md","text":"https://secwatch.observer/filing/0001628280-25-008118.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/912728/000162828025008118/0001628280-25-008118-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/912728/000162828025008118/fwrd-20250226.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-26T04:14:36.348894+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}