• Forward Air loses some ground

    Though it remained profitable, specialized truckload carrier Forward Air watched its net income slip in the first quarter of 2002 compared to the same period last year. Greenville, TN-based Forward Air, a trucking contractor to the air cargo industry, said its operating revenue for this quarter dropped to $52.9 million, compared with $60.7 million for the same period in 2001. Net income also declined,
    April 18, 2002
    Though it remained profitable, specialized truckload carrier Forward Air watched its net income slip in the first quarter of 2002 compared to the same period last year.

    Greenville, TN-based Forward Air, a trucking contractor to the air cargo industry, said its operating revenue for this quarter dropped to $52.9 million, compared with $60.7 million for the same period in 2001. Net income also declined, falling to $4.9 million from $6.2 million in the first quarter of last year.

    About the Author

    Sean Kilcarr

    Editor in Chief

    Sean Kilcarr is a former longtime FleetOwner senior editor who wrote for the publication from 2000 to 2018. He served as editor-in-chief from 2017 to 2018.

     

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