Forward Air (FWRD) Provides Select Q1 Updates

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Forward Air Corporation Provides Select First Quarter 2025 Updates

April 9, 2025 8:01 AM UTC

Expects Stronger Liquidity on Sequential Basis

Estimates 1Q25 Consolidated EBITDA to Be Between $54 Million to $59 Million

Estimates That Between 10% to 15% of 2024 Revenues Would Have Been Impacted by Recently Announced Tariffs

GREENEVILLE, Tenn.--(BUSINESS WIRE)-- Forward Air Corporation (NASDAQ: FWRD) (the Company, Forward Air, we, our, or us) today reported preliminary financial results for the three months ended March 31, 2025 and an estimate of revenue from shipments that may be impacted by the tariffs under the International Emergency Economic Powers Act (IEEPA) order announced on April 2, 2025.

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