Forward Air CEO: ‘If there is a recession, bring it on’

A forward Air trailer pulled by an independent contractor

Asset-light trucking provider Forward Air raised its full-year outlook again. The company beat second-quarter expectations and sees several tailwinds that will contribute to higher earnings in the future.

Forward (NASDAQ: FWRD) reported its highest-ever quarterly earnings Wednesday after the market closed. Earnings per share of $2.04 in the second quarter was 21 cents ahead of the consensus estimate and 94 cents better than the year-ago result. It also outpaced management’s initial guidance...

https://www.freightwaves.com/news/forward-air-ceo-if-there-is-a-recession-bring-it-on

Leave a Comment