FWRD Forward Air
Filed: 9 Feb 21, 7:27am
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): February 9, 2021
FORWARD AIR CORPORATION
(Exact name of registrant as specified in its charter)
|(State or other jurisdiction of incorporation)||(I.R.S. Employer Identification No.)|
|1915 Snapps Ferry Road||Building N||Greeneville||TN||37745|
|(Address of principal executive offices)||(Zip Code)|
|(Commission File Number)|
Registrant's telephone number, including area code: (423) 636-7000
|(Former name or former address, if changed since last report)|
☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
|Title of each class||Trading Symbol(s)||Name of each exchange on which registered|
|Common Stock, $0.01 par value||FWRD||NASDAQ|
Emerging growth company ☐
Item 7.01. Regulation FD Disclosure.
Forward Air Corporation (the “Company”) will participate in the Stifel 2021 Virtual Transportation and Logistics Conference on Tuesday, February 9, 2021 and Wednesday, February 10, 2021. In connection with its participation in the conference, the Company is providing the following preliminary key operating statistics for the Company’s Expedited Freight segment for the quarter ended December 31, 2020 and for the month of January 2021.
Expedited Freight Operating Statistics1
|Year-over-year percent change:|
Billable pounds per day2
Shipments per day2
|Revenue per hundredweight, excluding fuel||1.5||%||1.9||%||3.4||%||2.2||%||1.3 %|
1 Statistics are preliminary and unaudited. As such, they do not reflect adjustments to conform to U.S. GAAP. Actual U.S. GAAP results may differ from these preliminary estimates.
2 Excludes accessorial, full truckload and final mile products. December statistics reflect the impact of the previously disclosed ransomware incident.
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
|FORWARD AIR CORPORATION|
|Date: February 9, 2021||By:||/s/ Michael J. Morris|
|Michael J. Morris|
Chief Financial Officer and Treasurer