Forward Air: brands it owns and its ownership tree
Forward Air (NASDAQ: FWRD) is a publicly listed company headquartered in Dallas, United States that owns 4 consumer brands.[1][2]
Forward Air is an asset-light provider of ground, air and ocean freight, intermodal drayage and contract logistics services, according to its FY2025 10-K, which says it moved its headquarters to Dallas, Texas in 2025. It completed its acquisition of Omni Newco LLC on 25 January 2024, and reports Expedited Freight, Omni Logistics and Intermodal segments. The 10-K also says its Board announced a review of strategic alternatives in January 2025.
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brands owned
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divestitures recorded
Company facts
- Legal name
- Forward Air Corporation
- Type
- publicly listed company · see all publicly listed company owners
- Headquarters
- 🇺🇸 Dallas, United States
- Tickers
- NASDAQ: FWRD
- Revenue
- $2.5 billion (2025)[2]
- SEC CIK
- 0000912728
- Website
- www.forwardaircorp.com
- Last verified
- · 2 sources
What Forward Air's annual report says about its business
Read from Forward Air's latest annual filing[1]. Each line gives the sentence the filing uses, copied word for word.
Segments the filing names
- Expedited Freight, Omni Logistics, Intermodal:
The following describes in more detail the operations of each of our reportable segments: Expedited Freight, Omni Logistics, and Intermodal.
Acquisitions and disposals named in the filing
- Acquired: Omni Newco LLC (January 25, 2024).
On January 25, 2024 (the " Closing Date " ), we completed the acquisition of Omni Newco LLC ("Omni") pursuant to the Agreement and Plan of Merger, dated as of August 10, 2023 (the " Merger Agreement " , and as amended by Amendment No. 1, dated as of January 22, 2024, the "Amended Merger Agreement") (the "Omni Acquisition").
- Acquired: Omni.
In addition, the successful integration of Omni depends in part on the retention of personnel critical to the business and operations of the Company following the Omni Acquisition due to, for example, their technical skills or management expertise.
Forward Air in numbers
- Forward Air owns 4 consumer brands tracked here across 1 top-level categories; the largest is travel & transport with 4 brands.[1]
Forward Air financial history
Headline figures from Forward Air's annual reports filed with the US Securities and Exchange Commission, in USD as reported, fiscal years ending 2020–2025. Revenue moved from $1.27bn to $2.5bn, an average of 14.5% a year (calculated).
| Fiscal year ended | Revenue | Operating income | Operating margin | Net income | Total assets | Long-term debt | Filing |
|---|---|---|---|---|---|---|---|
| $2.5bn | $36.4m | 1.5% | $-107,796,000 | $2.72bn | $1.69bn | 10-K | |
| $2.47bn | $-1,062,936,000 | -43.0% | $-816,969,000 | $2.8bn | $1.68bn | 10-K | |
| $1.37bn | $88.2m | 6.4% | $167.4m | $2.98bn | $0 | 10-K | |
| $1.68bn | $247.6m | 14.7% | $193.2m | $1.21bn | $106.6m | 10-K | |
| $1.39bn | $147m | 10.6% | $105.9m | $1.12bn | $155.5m | 10-K | |
| $1.27bn | $73.9m | 5.8% | $23.7m | $1.05bn | $112.4m | 10-K |
Source: SEC XBRL company facts. A dash means the company did not report that line in a form we could read. Figures for a year can be restated in a later filing; the latest filing's number is shown.
Everything Forward Air owns
Controlling ownership as of . Brands grouped under the entity that owns them; large groups are collapsed.
Full-screen interactive tree →
Brand portfolio by category
Recent changes to this record
Forward Air SEC filings
The documents behind the figures on this page, as listed in the SEC's EDGAR index. Each links to the filing itself.
Annual reports
- Annual report, filed (10-K)
- Annual report (amended), filed (10-K/A)
- Annual report (amended), filed (10-K/A)
- Annual report (amended), filed (10-K/A)
- Annual report, filed (10-K)
- Annual report (amended), filed (10-K/A)
- Annual report, filed (10-K)
- Annual report, filed (10-K)
- Annual report, filed (10-K)
- Annual report, filed (10-K)
Proxy statements
- Proxy statement, filed (DEF 14A)
- Proxy statement, filed (DEF 14A)
- Proxy statement, filed (DEF 14A)
Recent current and quarterly reports
| Filed | Form | What it declares |
|---|---|---|
| 10-Q | Quarterly report | |
| 8-K | Results of operations and financial condition | |
| 8-K | Regulation FD disclosure | |
| 8-K | Departure or appointment of directors or officers | |
| 8-K | Results of a shareholder vote | |
| 10-Q | Quarterly report | |
| 8-K | Results of operations and financial condition | |
| 8-K | Departure or appointment of directors or officers | |
| 8-K | Results of operations and financial condition | |
| 10-Q | Quarterly report | |
| 8-K | Results of operations and financial condition | |
| 8-K | Departure or appointment of directors or officers |
Frequently asked questions
What brands does Forward Air own?
Forward Air owns 4 consumer brands tracked here, including Omni Logistics, Mach 1 Air Services, Trinity Logistics and Forward Air.
Is Forward Air an American company?
Yes. Forward Air is headquartered in Dallas, United States.
Who owns Forward Air?
Forward Air is a publicly listed company owned by its shareholders; it trades as FWRD on the NASDAQ.
Sources (2) & corrections
Last verified . Every ownership fact above is backed by one of these primary documents. Numbers in brackets in the text refer to this list.
- [1] Forward Air Corporation Annual Report on Form 10-K filed 2026-03-11 — SEC EDGAR, SEC Form 10-K, published 11 March 2026; retrieved 5 October 2026.
- [2] Forward Air Corporation: Form 10-K for the year ended 2025-12-31 (revenue) — SEC EDGAR, SEC Form 10-K, published 11 March 2026; retrieved 5 October 2026.
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