| Business Summary | | Forward
Air
Corporation
offers
its
customers
scheduled
ground
transportation
of
cargo
as
a
cost
effective,
reliable
alternative
to
air
transportation.
The
Company
transports
cargo
that
must
be
delivered
at
a
specific
time
but
is
less
time-sensitive
than
traditional
airfreight.
Forward
Air
operates
a
network
of
75
terminals
located
on
or
near
airports
in
the
United
States
and
Canada,
including
a
central
sorting
facility
in
Columbus,
Ohio
and
regional
hubs
serving
key
markets.
The
Company
focuses
its
services
on:
air
freight
forwarders,
which
are
businesses
that
arrange
transportation
of
cargo
for
third
parties;
integrated
air
cargo
carriers;
and
airlines.
The
Company
serves
its
customers
by
locating
terminals
on
or
near
airports
and
maintaining
regularly
scheduled
transportation
service
between
major
cities. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Forward
Air
Corp.
provides
scheduled
ground
transportation
of
cargo
through
a
network
of
75
terminals
located
on
or
near
airports
in
the
United
States
and
Canada.
For
the
six
months
ended
6/30/01,
revenues
rose
14%
to
$117.7
million.
Net
income
rose
4%
to
$11.2
million.
Revenues
reflect
increased
volumes
from
domestic
and
international
air
cargo
customers.
Net
income
was
partially
offset
by
increased
salaries,
wages,
insurance
and
claims
expenses. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Scott Niswonger, 53 Chairman
and CEO | $224K | -- | Bruce Campbell, 49 Pres,
COO | 324K | $1.6M | Andrew Clarke, 30 CFO,
Sr. VP, Treasurer, Director | -- | -- | Richard Roberts, 46 Sr.
VP, Gen. Counsel, Sec. | -- | -- | Craig Drum Sr.
VP of Sales | -- | -- | Dollar
amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|