GREENEVILLE, Tenn.,
June 14, 2021 /PRNewswire/
-- Forward Air Corporation (NASDAQ: FWRD) (the "Company" or
"Forward") is executing a growth strategy that involves organic
infrastructure investments, such as its ongoing LTL network
expansion, as well as inorganic investments, including acquisitions
of complementary businesses. Today, Forward announced
that it will expand its expedited less-than-truckload (LTL)
service into Spokane, WA.
Using a local partner, Forward now offers expedited LTL service
out of Spokane, allowing customers
to now pick up or drop off freight for shipment Monday through
Friday. Forward enters the market as the fastest expedited carrier
in and out of Spokane.
Tom Schmitt, Chairman, President
and Chief Executive Officer, said, "Spokane fits nicely into our network expansion
strategy and it gives us a competitive advantage in the region. We
are able to elevate our service offering to five days per week and
serve as a one-day point out of Seattle, while delivering the fastest transit
times in the region."
With the addition of direct expedited LTL service, the
Spokane market is now connected to
Forward's nationwide network and full portfolio of premium freight
management services in LTL, full truckload, intermodal drayage and
final mile delivery.
About Forward Air Corporation
Forward Air Corporation
(NASDAQ: FWRD) is a leading asset-light freight and logistics
company. We provide LTL, final mile, truckload, intermodal drayage
and pool distribution services across the
United States and in Canada. Headquartered in Greeneville, Tennessee, Forward operates
approximately 200 facilities across the country and employs more
than 5,200 people nationwide. We are more than a transportation
company. As a single resource for your shipping needs, Forward is
your supply chain partner. For more information, visit our website
at www.forwardaircorp.com.
This press release may contain statements that might be
considered as forward-looking statements or predictions of future
operations including with respect to the expected growth and future
expansion of the Company's network and footprint. Such statements
are made pursuant to the safe harbor provisions of the Private
Securities Litigation Reform Act of 1995 and are based on
management's belief or interpretation of information currently
available. These statements and assumptions involve certain risks
and uncertainties including that the performance of the LTL service
in Spokane is worse than
anticipated and that the Company is not able to achieve its planned
expansion. Actual events may also differ from these expectations as
a result of the risks identified from time to time in our filings
with the Securities and Exchange Commission. You should consider
the forward-looking statement contained herein in light of such
risks. We assume no duty to update these statements as of any
future date.
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SOURCE Forward Air Corporation