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,

Sean Kilcarr

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.