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  September 5, 2001
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Home > Company Index > Transportation > Air Delivery, Freight & Parcel Services > Forward Air Corporation

Forward Air Corporation
Nasdaq: FWRD
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 PROFILE
Forward Air never looks back. The company (formerly Landair Services) provides ground transportation and third-party logistics for the deferred air freight market (requiring specific-time delivery but less time-sensitive than air freight). Forward Air picks up packages from air freight forwarders, sending packages by truck to terminals near their destinations. Forward Air contracts with owner-operator truckers and truckload carriers for transportation. Other services include electronic tracking and billing services. Forward Air spun off its irregular route truckload carrier into a separate business called Landair. CEO Scott Niswonger owns 24% of Forward Air and 58% of Landair.

 COMPETITION
Target Logistics, Inc. (TARG)
United Parcel Service, Inc. (UPS)
USFreightways Corporation (USFC)

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 214.90
1-Yr. Sales Growth: 25.8%
Employees: 1,820
Revenue per employee: $118,076.92

 KEY PEOPLE
• Scott M. Niswonger
    CEO
• Andrew C. Clarke
    CFO

 CONTACT INFO
430 Airport Road
Greeneville, TN 37744
US
Phone: 423-636-7100
Fax: 423-636-7279
Online: Web Site

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