{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-25-017142","form_type":"8-K","ticker":"FWRD","cik":"0000912728","company_name":"FORWARD AIR CORP","filed_at":"2025-04-09T23:59:59+00:00","discovered_at":"2026-05-14T18:02:51.779303+00:00","generated_at":"2026-05-23T18:46:15.642407+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Forward Air pre-announces Q1 2025 EBITDA $54M-$59M; liquidity rises to $392M","bullets":["Preliminary consolidated EBITDA (non-GAAP) for Q1 2025 estimated between $54M and $59M.","Liquidity at March 31, 2025 expected ~$392M, up ~$10M from $382M at Q4 2024.","Estimates 10%-15% of 2024 revenue would have been impacted by recently announced IEEPA tariffs.","Full Q1 2025 earnings release scheduled for May 7, 2025 after market close."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-25-017142","json":"https://secwatch.observer/filing/0001628280-25-017142.json","markdown":"https://secwatch.observer/filing/0001628280-25-017142.md","text":"https://secwatch.observer/filing/0001628280-25-017142.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/912728/000162828025017142/0001628280-25-017142-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/912728/000162828025017142/fwrd-20250409.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-23T18:46:15.642407+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"}