July 19, 2013
Forward Air reports second quarter 2013 results
Forward Air Corporation reported that operating revenue for the quarter ended June 30, 2013 increased 7.8% to $159.8m from $148.3 m for the same quarter in 2012. Income from operations was $22.5m, compared with $23.1m in the prior-year quarter. As a percent of operating revenue, income from operations was 14.1%, compared with 15.6% in the same quarter last year. Net income during the period was $13.8m compared to $14.2m in the prior-year quarter.