Forward Air Reports Q3 2026 Results and Pauses Intermodal Asset Sale
Forward Air (FWRD) reported solid third-quarter results for 2026, highlighted by $674 million in operating revenue and an improvement in operating income to $44 million. CEO Shawn Stewart expressed satisfaction with the company's recent performance during the earnings call. In a strategic shift, the company has decided to pause its process for selling intermodal assets. This decision comes as Forward Air identifies approximately 15% to 18% excess network capacity within its current operations, suggesting a focus on optimizing existing infrastructure rather than immediate divestment.
Tickers: $FWRD
Topics: earnings report operating income operating revenue
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Part of the story SURF AIR MOBILITY INC. - 10-Q Filing (8 articles)