GREENEVILLE, Tenn–Forward Air (NASDAQ: FWRD) (the “Company” or “Forward”) announced today its plans to publish an updated Environmental, Social and Governance (ESG) report by the end of FY2022. The purpose of the report is to track progress against a growth strategy that involves organic infrastructure investments, such as its ongoing Less Than Truckload (LTL) network expansion, as well as acquisitions of complementary businesses.
"Forward’s commitment to ESG responsibilities has been a top priority for 2022, said Tom Schmitt, Chairman, President and CEO of Forward Air. “We want our team members, stakeholders and customers to understand that we take our ESG efforts seriously and as we continue to grow and scale as a company, we are committed to making a positive impact environmentally and socially,” he added.
Committed to accountability and transparency, this report is the second edition of Forward Air’s ESG report and highlights its commitments, progress and goals against ESG priorities. Forward’s first ESG report was published in March 2021, with the updated report incorporating data requirements identified by widely accepted sustainability frameworks (SASB, GRI, etc.) and measurable targets and goals.
The 2021 ESG report is available on our investor relations website at ir.forwardaircorp.com/esg.
About Forward Air Corporation
Forward Air Corporation (NASDAQ: FWRD) is a leading asset-light freight and logistics company that provides services across the United States and Canada. We provide expedited less-than-truckload (“LTL”) services, including local pick-up and delivery, shipment consolidation/deconsolidation, warehousing, and customs brokerage by utilizing a comprehensive national network of terminals. In addition, we offer final mile services, including delivery of heavy-bulky freight, truckload brokerage services, including dedicated fleet services; and intermodal, first-and last-mile, high-value drayage services, both to and from seaports and railheads, dedicated contract and Container Freight Station warehouse and handling services. We are more than a transportation company. As a single resource for your shipping needs, Forward is your supply chain partner. For more information, visit our website at www.forwardaircorp.com.
This press release may contain statements that might be considered as forward-looking statements or predictions of future operations including with respect to the expected funding and timing of closing of the BarOle acquisition, growth of the Company’s Intermodal business, the company’s strategy related to acquisitions and strategic enhancements to the Company’s Intermodal business. Such statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and are based on management’s belief or interpretation of information currently available. These statements and assumptions involve certain risks and uncertainties including that the conditions to closing the BarOle acquisition are not met and the closing of the BarOle acquisition is delayed or never occurs, that the performance of the BarOle or TKI businesses post-closing is worse than anticipated and that the Company is not able to achieve the planned synergies. Actual events may also differ from these expectations as a result of the risks identified from time to time in our filings with the Securities and Exchange Commission. You should consider the forward-looking statement contained herein in light of such risks. We assume no duty to update these statements as of any future date.