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Diesel Hits $5.66 — Brent Crude Jumps to $108 on Iran Supply Shock ● DOT Enforcement Tightens Capacity as Spot Rates Climb in Q1 ● Spot and Contract Rates Edge Higher in Q1 as Capacity Tightens ● Bid Season Pricing Gains Signal Shift After Three-Quarter Downturn ● Brent Crude Dips to $105.44 as Iran War Drags On With No End in Sight ● Iran War Drives Base Oil Shortage — Oil Changes About to Cost More ● Hormuz Oil Flows Down 6 Million Barrels a Day — Diesel Watch Begins ● Spot Rates Up 20% — But It's Tariff Panic, Not Recovery ● Diesel Benchmark Drops 0.1¢ — Futures Signal Tightening Ahead ● House Speaker Calls Federal Gas Tax Suspension 'Intriguing' ● Diesel Jumps 12.6% in One Month — April Fuel Spike Hits Settlements ● Brent Crude Hits $107.72 — Up 3.4% on Iran War Stall ● Spot Rates Jump 4¢ Dry Van, 10¢ Reefer as All Three Segments Climb ● Carriers Report Double-Digit Rate Gains — What Brokers Are Paying in Q2
Diesel Hits $5.66 — Brent Crude Jumps to $108 on Iran Supply Shock ● DOT Enforcement Tightens Capacity as Spot Rates Climb in Q1 ● Spot and Contract Rates Edge Higher in Q1 as Capacity Tightens ● Bid Season Pricing Gains Signal Shift After Three-Quarter Downturn ● Brent Crude Dips to $105.44 as Iran War Drags On With No End in Sight ● Iran War Drives Base Oil Shortage — Oil Changes About to Cost More ● Hormuz Oil Flows Down 6 Million Barrels a Day — Diesel Watch Begins ● Spot Rates Up 20% — But It's Tariff Panic, Not Recovery ● Diesel Benchmark Drops 0.1¢ — Futures Signal Tightening Ahead ● House Speaker Calls Federal Gas Tax Suspension 'Intriguing' ● Diesel Jumps 12.6% in One Month — April Fuel Spike Hits Settlements ● Brent Crude Hits $107.72 — Up 3.4% on Iran War Stall ● Spot Rates Jump 4¢ Dry Van, 10¢ Reefer as All Three Segments Climb ● Carriers Report Double-Digit Rate Gains — What Brokers Are Paying in Q2
5:26 AM ET

Forward Air FWRD · LTL

$8.76 -6.81%
Open $9.38
Prev close $9.40
Day high $9.55
Day low $8.55
As of (UTC) 2026-05-18 09:25:09

Quarterly financials

Metric Q1 '26 Q4 '25 Q3 '25 Q2 '25 Q1 '25 Q4 '24 Q3 '24 Q2 '24 Q1 '24 Q4 '23 Q3 '23 Q2 '23 Q1 '23 Q4 '22 Q3 '22 Q2 '22 Q1 '22 Q4 '21 Q3 '21 Q2 '21
Operating income $20.44M — — — $4.76M — — — -$65.73M — — — $47.20M — — — $57.35M — — —
Net income -$34.32M — — — -$50.64M — -$73.41M -$645.43M -$61.71M — $9.29M $19.95M $36.37M — $52.13M $55.43M $42.69M — — $30.68M
Op. cash flow $45.74M — — — $27.62M — — — -$51.72M — — — $65.99M — — — $62.49M — — —
EPS (diluted) $-1.09 — — — $-1.68 — $-2.66 $-23.47 $-2.81 — $0.36 $0.76 $1.37 — $1.93 $2.04 $1.57 — — —
EPS (basic) $-1.09 — — — $-1.68 — $-2.66 $-23.47 $-2.81 — $0.36 $0.76 $1.37 — $1.94 $2.05 $1.57 — — —
Total assets $2.70B $2.72B $2.79B $2.76B $2.80B $2.80B $3.06B $3.07B $3.96B $2.98B $1.19B $1.18B $1.23B $1.21B $1.19B $1.20B $1.17B $1.12B $1.07B $1.08B
Long-term debt $1.69B $1.69B $1.68B — — — — — $1.68B $0.00 $122.05M $122.39M $153.11M $108.08M $108.43M $148.77M $156.62M $156.97M — —
Stockholder eq. $81.00M $113.34M $139.78M $151.79M $154.63M $201.73M $226.08M $283.76M $926.07M $764.26M $665.70M $673.61M $685.63M $707.24M $682.70M $664.35M $611.77M $593.65M $555.54M $550.35M

Source: SEC EDGAR XBRL filings. Discrete quarter figures derived from each 10-Q (or 10-K for fiscal-year close). Negative values shown in red.

Recent SEC filings

May 12, 2026 SCHEDULE 13G/A SCHEDULE 13G/A EDGAR ↗
May 11, 2026 10-Q 10-Q — 10-Q EDGAR ↗
May 7, 2026 8-K 8-K — 8-K EDGAR ↗
May 1, 2026 4 4 — FORM 4 EDGAR ↗
Apr 29, 2026 DEF 14A DEF 14A — FORM- DEF 14A EDGAR ↗
Apr 29, 2026 DEFA14A DEFA14A — DEFA14A EDGAR ↗
Apr 29, 2026 ARS ARS — ARS EDGAR ↗
Apr 29, 2026 8-K 8-K — FORM 8-K EDGAR ↗
Mar 26, 2026 SCHEDULE 13G/A SCHEDULE 13G/A EDGAR ↗
Mar 17, 2026 4 4 — FORM 4 EDGAR ↗
Mar 17, 2026 4 4 — FORM 4 EDGAR ↗
Mar 17, 2026 4 4 — FORM 4 EDGAR ↗
Mar 17, 2026 4 4 — FORM 4 EDGAR ↗
Mar 11, 2026 10-K 10-K — 10-K EDGAR ↗
Feb 23, 2026 4 4 — FORM 4 EDGAR ↗

Analyst consensus · monthly

Strong buy Buy Hold Sell Strong sell
May '26
67% · 12 analysts
Apr '26
67% · 12 analysts
Mar '26
67% · 12 analysts
Feb '26
67% · 12 analysts

Data is provided for informational purposes only and is not investment advice. Quotes may be delayed by up to 5 minutes. SEC filing metadata is pulled from EDGAR; analyst consensus from Finnhub. Carrier Atlas is not a registered broker-dealer or investment adviser.

KNX$69.06 +1.51% WERN$37.31 +0.43% MRTN$15.52 -0.19% HTLD$13.30 +1.22% SNDR$31.94 -3.82% JBHT$262.21 +2.96% CVLG$34.27 +0.47% ODFL$203.12 +2.17% SAIA$460.38 +0.24% ARCB$122.71 +3.20% XPO$204.23 -0.64% FWRD$8.76 -6.81% HUBG$37.35 +0.16% FDX$375.78 -1.11% UPS$98.93 +0.52% CHRW$163.59 +2.38% LSTR$176.04 +4.82% GXO$48.18 -3.49% RXO$18.69 +6.74% EXPD$155.45 +1.20% RLGT$8.29 +0.97% ZIM$25.57 -0.43% MATX$179.88 -1.30% SBLK$26.47 -0.79% SFL$12.48 -0.79% KEX$145.70 -1.13% NSC$315.95 -0.53% UNP$270.56 +0.45% CSX$45.66 -0.57% CP$85.07 -2.11% CNI$111.79 -0.58% R$230.91 -0.06% GATX$172.67 -2.07% KNX$69.06 +1.51% WERN$37.31 +0.43% MRTN$15.52 -0.19% HTLD$13.30 +1.22% SNDR$31.94 -3.82% JBHT$262.21 +2.96% CVLG$34.27 +0.47% ODFL$203.12 +2.17% SAIA$460.38 +0.24% ARCB$122.71 +3.20% XPO$204.23 -0.64% FWRD$8.76 -6.81% HUBG$37.35 +0.16% FDX$375.78 -1.11% UPS$98.93 +0.52% CHRW$163.59 +2.38% LSTR$176.04 +4.82% GXO$48.18 -3.49% RXO$18.69 +6.74% EXPD$155.45 +1.20% RLGT$8.29 +0.97% ZIM$25.57 -0.43% MATX$179.88 -1.30% SBLK$26.47 -0.79% SFL$12.48 -0.79% KEX$145.70 -1.13% NSC$315.95 -0.53% UNP$270.56 +0.45% CSX$45.66 -0.57% CP$85.07 -2.11% CNI$111.79 -0.58% R$230.91 -0.06% GATX$172.67 -2.07%