Forward Air (FWRD) Q4 2025 Earnings Transcript
The Motley Fool
by newsfeedback@fool.com (Motley Fool Transcribing)February 23, 2026
AI-Generated Deep Dive Summary
Forward Air (FWRD) reported strong financial performance in its Q4 2025 earnings, driven by significant EBITDA growth across key segments. The company achieved $77 million in consolidated EBITDA for the quarter and $307 million for the year, reflecting a resilient operational strategy. Notably, the Expedited Freight segment saw a 350 basis point margin improvement, while OmniLogistics nearly doubled its EBITDA to $124 million. However, the Intermodal segment faced challenges due to declining port activity and trade-related softness, leading to reduced revenue per shipment.
Strategic initiatives played a crucial role in these results. Forward Air completed the first phase of its ONE ERP financial system and launched a unified HRIS, enhancing operational efficiency. The company also expanded its Latin America operations through new leadership appointments, underscoring its global growth strategy. Despite industry headwinds, including a challenging freight environment, management expressed cautious optimism about future recovery.
The article highlights risks such as persistent declines in tonnage and the impact of
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Originally published on The Motley Fool on 2/23/2026