Forward Air Corporation Reports Financial Results

Forward Air Corporation reported net income of $11.4 million, or $0.34 per share, compared with a net loss of $16.3 million, or $0.52 per share, in the same period last year. Revenue increased 6.7% to $673.9 million from $631.8 million. Expedited Freight revenue rose 30.5% to $337.4 million, while Omni Logistics revenue declined 8%. The report did not state a stock-price movement.