7Baggers
Quarterly
Annual
    Unit: USD2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-06-30 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31 2020-12-31 2020-09-30 2020-06-30 2020-03-31 2019-12-31 2019-09-30 2019-06-30 2019-03-31 2018-12-31 2018-09-30 2018-06-30 2018-03-31 2017-12-31 2017-09-30 2017-06-30 2017-03-31 2016-12-31 2016-09-30 2016-06-30 2016-03-31 2015-12-31 2015-09-30 2015-06-30 2015-03-31 2014-12-31 2014-09-30 2014-06-30 2014-03-31 2013-12-31 2013-09-30 2013-06-30 2013-03-31 2012-12-31 2012-09-30 2012-06-30 2012-03-31 2011-12-31 2011-09-30 2011-06-30 2011-03-31 2010-09-30 2010-06-30 2010-03-31 2009-09-30 2009-06-30 2009-03-31 2008-09-30 2008-06-30 2008-03-31 2007-09-30 2007-06-30 2007-03-31 2006-12-31 2006-09-30 2006-06-30 2005-09-30 2005-06-30 2005-03-31 2004-09-30 2004-06-30 2004-03-31 2003-12-31 2003-09-30 2003-06-30 2003-03-31 2002-12-31 2002-03-31 
      
    		                                                                                      
      assets
    		                                                                                      
      current assets:
    		                                                                                      
      cash and cash equivalents
    		140,354,000 95,128,000 116,311,000 104,903,000 136,616,000 84,886,000 152,042,000 121,969,000 18,843,000 18,281,000 32,028,000 45,822,000 46,846,000 47,386,000 61,630,000 37,316,000 51,930,000 50,844,000 24,396,000 40,254,000 42,990,000 80,916,000 77,245,000 64,749,000 34,824,000 14,777,000 42,165,000 25,657,000 28,911,000   3,893,000    8,511,000    33,312,000    41,429,000    127,367,000    112,182,000    58,801,000                      100,336,000 93,866,000 87,349,000 83,539,000 73,660,000 60,705,000 50,827,000 33,642,000 23,706,000 
      restricted cash and restricted cash equivalents
    		 179,000 363,000  1,540,000 19,769,000 20,228,000                                                                                
      accounts receivables
    		341,414,000 335,716,000 336,398,000 322,291,000 361,003,000 368,927,000 351,813,000 153,267,000 191,758,000 175,968,000 201,385,000 221,028,000 247,730,000 246,006,000 236,666,000 208,085,000 205,165,000 209,187,000 186,504,000 156,490,000 153,070,000 130,759,000 143,234,000 150,197,000 157,494,000 154,715,000 150,623,000 156,359,000 148,464,000 152,393,000 146,191,000 143,041,000 132,100,000 123,535,000 116,473,000 116,602,000 115,327,000 109,256,000 104,317,000 109,165,000 114,674,000 122,356,000 120,473,000 95,326,000 100,016,000 97,560,000 93,651,000 76,500,000 83,224,000 76,280,000 78,092,000 75,262,000 74,878,000 77,557,000 75,376,000 70,922,000 69,574,000 69,779,000 68,387,000 62,438,000 63,541,000 58,425,000 52,993,000 50,039,000 48,441,000 72,263,000 76,018,000 64,080,000 55,665,000 51,876,000 48,908,000  51,292,000 46,216,000 48,137,000 40,217,000 35,685,000  33,829,000 32,468,000       
      prepaid expenses
    		30,830,000 33,182,000 29,398,000 29,053,000 31,174,000 39,186,000 39,512,000 25,682,000    24,774,000    22,283,000    21,410,000                                                                   
      other current assets
    		39,890,000 10,402,000 10,895,000 15,685,000 13,053,000 44,379,000 4,299,000 1,098,000 27,129,000 21,538,000 24,381,000 12,691,000 18,391,000 22,260,000 22,468,000 7,026,000 17,948,000 19,982,000 20,239,000 6,740,000 22,062,000 23,745,000 20,710,000  23,393,000 23,580,000 9,283,000  23,692,000 21,010,000 11,147,000  13,319,000 14,526,000 8,394,000  17,321,000 32,696,000 25,582,000  23,579,000 28,455,000 21,767,000  14,057,000 14,655,000 10,430,000  18,849,000 19,900,000 14,796,000  13,607,000 15,709,000 10,669,000  11,836,000 10,053,000 9,541,000 11,484,000 10,859,000 7,688,000 14,145,000 17,667,000 12,627,000 8,113,000 8,067,000 5,946,000 6,073,000 7,568,000 10,247,000  7,960,000 10,478,000 7,026,000 7,884,000 7,143,000 8,503,000 6,570,000 4,641,000  6,601,000 8,215,000 6,082,000  4,611,000 
      total current assets
    		552,488,000 474,607,000 493,365,000 472,500,000 545,081,000 558,623,000 569,433,000 347,028,000 237,730,000 215,787,000 257,794,000 304,315,000 312,967,000 315,756,000 325,252,000 282,807,000 289,261,000 297,012,000 247,986,000 245,896,000 235,047,000 247,291,000 241,189,000 236,318,000 215,711,000 193,072,000 202,071,000 201,082,000 201,067,000 193,505,000 170,073,000 162,742,000 157,842,000 148,151,000 139,202,000 136,270,000 143,960,000 163,631,000 167,936,000 173,457,000 185,697,000 193,342,000 196,735,000 149,955,000 138,646,000 137,158,000 145,125,000 220,360,000 200,624,000 177,281,000 164,518,000 198,396,000 181,473,000 162,098,000 155,442,000 139,717,000 168,877,000 175,951,000 163,609,000 137,141,000 122,316,000 110,725,000 94,368,000 91,778,000 92,309,000 97,967,000 86,208,000 76,259,000 80,644,000 80,355,000 106,665,000 127,563,000 124,408,000 150,011,000 133,494,000 142,050,000 159,690,000 150,600,000 140,265,000 130,458,000 123,166,000 113,212,000 102,796,000 95,367,000 88,774,000 82,349,000 
      property and equipment
    		309,830,000 321,329,000 331,208,000 326,188,000 324,782,000 328,934,000 327,706,000 258,095,000 258,248,000 260,663,000 252,932,000 249,080,000 230,924,000 229,220,000 224,060,000 219,095,000 396,094,000 383,155,000 379,566,000  379,306,000 381,834,000 426,375,000  438,656,000 422,968,000 417,606,000  409,465,000 401,507,000 402,688,000  383,890,000 375,069,000 376,623,000  369,582,000 355,124,000 344,931,000  322,681,000 317,835,000 310,814,000  303,755,000 303,449,000 292,364,000  270,113,000 266,811,000 254,066,000  238,704,000 237,256,000 235,138,000  224,278,000 221,715,000 217,560,000 210,954,000 211,696,000 208,654,000 203,383,000 199,819,000 190,384,000 174,263,000 160,988,000 161,982,000 152,044,000 143,368,000 126,356,000  96,961,000 92,583,000 82,849,000 82,617,000 81,071,000 75,114,000 73,381,000 73,145,000  70,032,000 70,808,000 69,369,000  68,507,000 
      operating lease right-of-use assets
    		411,562,000 419,531,000 408,642,000 410,084,000 355,139,000 323,821,000 334,262,000 111,552,000 134,726,000 144,847,000 150,282,000 141,865,000 147,283,000 154,277,000 153,337,000 148,198,000 142,623,000 148,651,000 130,859,000 123,338,000 115,551,000 123,925,000 171,242,000 151,657,000 158,977,000 149,544,000 133,361,000                                                            
      goodwill
    		522,712,000 522,712,000 522,712,000 522,712,000 716,071,000 545,380,000 1,379,180,000 278,706,000 356,763,000 356,763,000 356,627,000 306,184,000 288,496,000 287,597,000 265,639,000 266,752,000 254,776,000 254,993,000 250,736,000 244,982,000 240,933,000 240,933,000 242,639,000 221,105,000 220,423,000 218,373,000 199,092,000 199,092,000 193,625,000 191,671,000 191,671,000 191,671,000 191,535,000 191,535,000 184,675,000 184,675,000 184,675,000 179,301,000 206,517,000 205,609,000 206,899,000 206,530,000 202,909,000 144,412,000 140,678,000 138,839,000 131,217,000 88,496,000 88,404,000 87,771,000 87,860,000 43,332,000 43,332,000 43,332,000 43,332,000 43,332,000 43,332,000 43,332,000 43,332,000 43,332,000 43,332,000 43,332,000 43,332,000 43,332,000 43,332,000 54,957,000 45,045,000 53,939,000 15,588,000 15,588,000 15,588,000 15,588,000 15,588,000 15,588,000             
      other acquired intangibles, net of accumulated amortization of 282,266 in 2025 and 212,905 in 2024
    		929,894,000                                                                                      
      other long term assets
    		67,712,000 70,089,000 71,793,000                                                                                    
      total assets
    		2,794,198,000 2,761,235,000 2,803,842,000 2,802,641,000 3,055,840,000 3,067,316,000 3,959,260,000 2,979,533,000 1,190,581,000 1,184,573,000 1,226,566,000 1,208,076,000 1,186,059,000 1,197,143,000 1,166,806,000 1,117,823,000 1,070,508,000 1,081,841,000 1,015,901,000 1,047,393,000 1,048,210,000 1,072,499,000 1,066,236,000 990,878,000 980,633,000 936,557,000 885,577,000 760,215,000 743,141,000 711,292,000 690,207,000 687,716,000 669,168,000 659,687,000 635,868,000 641,291,000 641,513,000 644,427,000 689,053,000 700,171,000 698,665,000 709,360,000 715,387,000 541,805,000 529,945,000 532,489,000 534,567,000 506,269,000 490,802,000 468,192,000 446,206,000 399,187,000 386,618,000 370,776,000 364,760,000 341,151,000 374,813,000 382,979,000 368,102,000 341,813,000 330,497,000 320,623,000 306,686,000 305,383,000 300,988,000 304,922,000 274,023,000 264,545,000 215,964,000 199,976,000 212,852,000 213,014,000 207,192,000 225,527,000 199,658,000 206,818,000 213,035,000 201,256,000 192,128,000 183,694,000 175,087,000 166,637,000 157,944,000 150,881,000 145,511,000 141,498,000 
      liabilities and shareholders' equity
    		                                                                                      
      current liabilities:
    		                                                                                      
      accounts payable
    		124,835,000 115,123,000 111,510,000 105,692,000 157,230,000 143,455,000 130,646,000 45,430,000 45,702,000 37,085,000 42,994,000 54,601,000 50,666,000 42,058,000 54,430,000 44,837,000 42,885,000 43,655,000 40,676,000 38,371,000 32,581,000 27,682,000 26,565,000 29,986,000 32,599,000 30,585,000 31,124,000 34,630,000 35,110,000 32,036,000 30,004,000 24,704,000 22,377,000 17,642,000 15,800,000 18,012,000 18,415,000 13,815,000 17,810,000 23,334,000 27,435,000 27,616,000 21,567,000 20,572,000 21,395,000 21,421,000 22,164,000 16,267,000 17,067,000 12,189,000 14,285,000 11,168,000 12,896,000 12,278,000 16,563,000 12,392,000 14,603,000 15,354,000 11,804,000 11,383,000 9,697,000 9,837,000 8,509,000 9,477,000 7,841,000 11,175,000 13,512,000 14,354,000 9,689,000 6,439,000 6,777,000 7,949,000 9,529,000 7,219,000 12,552,000 12,568,000 5,338,000 9,350,000 6,906,000 6,833,000  5,587,000 5,372,000 5,951,000 6,695,000 5,046,000 
      accrued expenses
    		146,785,000 115,605,000 143,533,000 119,836,000 135,590,000 117,431,000 118,955,000 62,948,000 56,552,000 53,265,000 52,807,000 54,291,000 67,980,000 64,355,000 66,467,000 61,621,000 63,577,000 70,894,000 74,625,000  52,454,000 48,041,000 52,168,000  51,412,000 50,414,000 41,434,000  40,073,000 37,337,000 35,976,000  35,354,000 34,921,000 34,007,000  30,843,000 31,210,000 31,153,000  29,691,000 33,191,000 36,364,000  23,356,000 21,956,000 21,529,000  19,490,000 17,220,000 18,131,000  16,475,000 19,726,000 23,163,000  18,035,000 17,933,000 21,900,000 23,326,000 21,864,000 20,745,000 16,057,000 16,471,000 16,124,000 16,212,000 16,688,000 12,939,000 10,780,000 9,889,000 9,905,000  12,990,000 10,343,000 13,722,000 13,243,000 12,760,000 13,207,000 13,984,000 14,088,000  12,475,000 11,672,000 11,647,000  10,577,000 
      other current liabilities
    		70,492,000 48,072,000 68,197,000 45,148,000 49,571,000 53,064,000 73,461,000 71,727,000 21,619,000 12,112,000 6,207,000 3,956,000 4,411,000 4,044,000 12,479,000 4,614,000 4,155,000 6,813,000 6,817,000 10,580,000 4,277,000 3,784,000 5,661,000  7,049,000 6,069,000                                                             
      current portion of debt and finance lease obligations
    		16,511,000 16,877,000 17,446,000 16,930,000 16,741,000 16,875,000 28,134,000 12,645,000 15,053,000 13,963,000 11,619,000 9,444,000 7,891,000 7,505,000 6,069,000 6,088,000 1,841,000 1,867,000 1,908,000  1,557,000 1,445,000 1,433,000  1,578,000 197,000 264,000                                                            
      current portion of operating lease liabilities
    		101,418,000 101,008,000 97,578,000 96,440,000 89,566,000 89,188,000 93,645,000 44,344,000 51,515,000 52,801,000 52,143,000 47,106,000 48,611,000 49,498,000 48,499,000 47,532,000 46,008,000 46,042,000 45,107,000 43,680,000                                                                   
      total current liabilities
    		460,041,000 396,685,000 438,264,000 384,046,000 448,698,000 420,013,000 444,841,000 237,094,000 190,441,000 169,226,000 165,770,000 169,398,000 179,559,000 167,460,000 187,944,000 164,692,000 158,466,000 169,271,000 169,133,000 171,620,000 157,133,000 146,852,000 143,328,000 137,164,000 139,775,000 136,635,000 116,646,000 74,723,000 75,519,000 69,717,000 66,331,000 60,132,000 58,197,000 54,654,000 58,485,000 77,927,000 91,124,000 100,738,000 118,748,000 109,044,000 113,024,000 116,713,000 114,013,000 43,431,000 45,031,000 43,671,000 44,011,000 34,611,000 36,649,000 29,530,000 32,598,000 27,920,000 29,757,000 32,478,000 40,247,000 33,930,000 33,199,000 33,870,000 34,307,000 35,381,000 32,340,000 31,417,000 25,638,000 27,179,000 25,398,000 30,810,000 30,792,000 27,994,000 21,328,000 16,370,000 16,723,000 19,133,000 22,559,000 17,601,000 27,715,000 25,854,000 18,139,000 22,587,000 20,919,000 20,950,000  18,173,000 17,277,000 17,950,000 18,690,000 16,555,000 
      finance lease obligations, less current portion
    		26,087,000 29,191,000 34,332,000 30,858,000 32,731,000 34,957,000 34,306,000 26,736,000 23,387,000 23,461,000 18,328,000 15,844,000 11,134,000 10,759,000 8,767,000 9,571,000    5,010,000    4,909,000                                                               
      long-term debt, less current portion
    		1,684,319,000 1,681,468,000 1,678,647,000  1,673,292,000 1,677,315,000 1,664,107,000                 67,340,000    47,281,000    40,223,000        27,782,000                                              325,000 
      liabilities under tax receivable agreement
    		14,131,000 20,158,000 13,295,000  36,797,000 13,270,000 13,270,000                                                                                
      operating lease liabilities, less current portion
    		327,938,000 334,318,000 324,957,000 325,640,000 275,843,000 243,217,000 246,956,000 71,598,000 87,938,000 96,799,000 102,697,000 98,865,000 102,889,000 106,552,000 105,773,000 101,409,000 97,181,000 103,280,000 86,212,000 80,346,000                                                                   
      other long-term liabilities
    		48,396,000 49,725,000 52,164,000 48,835,000 42,423,000 43,126,000 45,536,000 47,144,000 50,966,000 48,437,000 50,507,000 59,044,000 57,476,000 55,374,000 52,376,000 49,624,000 57,354,000 55,741,000 57,131,000 54,129,000 61,536,000 58,194,000 60,299,000 58,816,000 51,316,000 51,365,000 40,257,000 47,739,000 43,073,000 25,678,000 24,118,000 24,104,000 22,681,000 22,148,000 21,440,000 21,699,000 14,726,000 14,071,000 14,049,000 12,340,000 12,198,000 13,511,000 17,628,000 8,356,000 8,148,000 7,729,000 8,292,000 8,940,000 9,129,000 8,985,000 9,138,000 7,098,000 6,805,000 6,883,000 9,470,000 8,860,000 8,079,000 7,782,000 8,371,000 6,159,000 6,047,000 4,623,000 3,749,000 3,602,000 2,918,000 3,319,000 2,740,000 4,605,000 3,370,000 3,193,000 2,345,000 1,271,000               
      deferred income taxes
    		37,444,000 33,449,000 35,177,000 38,169,000 209,522,000 271,201,000 177,806,000 42,200,000 53,292,000 53,275,000 52,950,000 51,093,000 45,369,000 45,369,000 45,050,000 43,407,000 40,659,000 41,471,000 41,538,000 41,986,000 45,532,000 45,883,000 45,488,000 43,942,000 43,106,000 40,452,000 38,010,000 37,174,000 35,756,000 33,574,000 32,793,000 29,403,000 42,004,000 42,665,000 41,786,000 41,871,000 39,007,000 39,227,000 44,907,000 39,876,000 38,257,000 33,726,000 35,835,000 2,496,000 28,838,000 29,013,000 27,405,000 1,145,000 26,576,000 25,899,000 23,986,000 1,282,000 12,991,000 12,499,000 10,058,000 2,011,000 12,169,000 7,980,000 6,408,000 5,116,000 4,885,000 4,889,000 6,136,000 6,572,000 6,947,000 7,786,000 8,138,000 8,005,000 7,457,000 7,392,000 7,558,000 1,178,000 6,760,000 8,142,000 6,226,000 6,617,000 6,925,000 8,878,000 8,022,000 7,000,000 2,102,000 9,176,000 8,629,000 8,035,000 2,118,000 8,043,000 
      shareholders' equity:
    		                                                                                      
      preferred stock, 0.01 par value: authorized shares - 5,000,000; no shares issued or outstanding as of september 30, 2025 and as of december 31, 2024
    		                                                                                      
      preferred stock, class b, 0.01 par value: authorized shares - 15,000; issued and outstanding shares - 8,869 as of september 30, 2025 and 10,088 as of december 31, 2024
    		                                                                                      
      common stock
    		312,000 306,000 304,000 298,000 287,000 277,000 265,000 257,000 257,000 258,000 261,000 265,000 266,000 269,000 269,000 270,000 270,000 271,000 273,000 273,000 273,000 277,000 277,000 279,000 279,000 280,000 284,000 285,000 288,000 291,000 290,000 295,000 295,000 301,000 300,000 301,000 303,000 302,000 304,000 305,000 306,000 308,000 308,000 303,000 302,000 306,000 310,000 305,000 304,000 303,000 300,000 292,000 292,000 289,000 289,000 285,000                               
      additional paid-in capital
    		556,101,000 551,845,000 546,556,000 542,392,000 528,255,000 512,638,000 508,675,000 283,684,000 280,640,000 277,593,000 274,007,000 270,855,000 267,809,000 265,129,000 261,444,000 258,474,000 255,071,000 252,466,000 247,678,000 242,916,000 237,497,000 233,086,000 230,135,000 226,869,000 221,629,000 218,080,000 214,173,000 210,296,000 206,790,000 201,373,000 197,607,000 195,346,000 191,352,000 188,663,000 182,999,000 179,512,000 174,450,000 166,363,000 163,726,000 160,855,000 152,700,000 150,812,000 147,445,000 130,107,000 126,516,000 123,688,000 119,852,000 107,726,000 102,465,000 98,915,000 86,393,000 64,644,000 62,971,000 54,104,000 52,212,000 42,212,000 12,552,000 35,231,000 30,668,000 22,130,000 20,259,000 18,436,000 15,139,000 13,527,000 11,802,000 8,565,000 6,106,000 2,855,000 1,896,000     2,877,000  12,016,000 33,700,000 34,389,000 36,788,000 37,846,000  35,886,000 34,921,000 34,160,000 33,983,000 45,017,000 
      accumulated deficit
    		-418,753,000 -402,451,000 -389,759,000                                                                                    
      accumulated other comprehensive income
    		2,124,000 2,094,000                                                                         1,000 1,000 1,000 1,000 2,000 1,000  1,000 38,000 1,000 -9,000 -3,000 
      total forward air shareholders' equity
    		139,784,000 151,794,000 154,634,000  226,084,000 283,764,000 926,071,000                                                                                
      noncontrolling interest
    		56,058,000 64,447,000 72,372,000 84,140,000 110,450,000 80,453,000 406,367,000                                                                                
      total shareholders' equity
    		195,842,000 216,241,000 227,006,000  336,534,000 364,217,000 1,332,438,000                                                              182,826,000                  
      total liabilities and shareholders' equity
    		2,794,198,000 2,761,235,000 2,803,842,000  3,055,840,000 3,067,316,000 3,959,260,000                                                              215,964,000                  
      other acquired intangibles, net of accumulated amortization of 259,154 in 2025 and 212,905 in 2024
    		 952,967,000                                                                                     
      preferred stock, 0.01 par value: authorized shares - 5,000,000; no shares issued or outstanding in 2025 and 2024
    		                                                                                      
      preferred stock, class b, 0.01 par value: authorized shares - 15,000; issued and outstanding shares - 9,423 in 2025 and 10,088 in 2024
    		                                                                                      
      other acquired intangibles, net of accumulated amortization of 235,999 in 2025 and 212,905 in 2024
    		  976,122,000                                                                                    
      preferred stock, class b, 0.01 par value: authorized shares - 15,000; issued and outstanding shares - 9,511 in 2025 and 10,088 in 2024
    		                                                                                      
      accumulated other comprehensive loss
    		  -2,467,000 -2,732,000 -824,000 -1,000,000 -151,000                                                                                
      restricted cash equivalents
    		   363,000    39,604,000                                                                               
      other receivables
    		   205,000 1,695,000 1,476,000 1,539,000 5,408,000       4,488,000 8,097,000 14,218,000 16,999,000 16,847,000                                                                    
      noncurrent restricted cash equivalents
    		       1,790,500,000                                                                               
      other acquired intangibles, net of accumulated amortization of 212,905 in 2024 and 127,032 in 2023
    		   999,216,000                                                                                   
      other assets
    		   71,941,000 81,415,000 79,859,000 84,251,000 58,863,000 56,404,000 55,295,000 53,205,000 51,831,000 51,228,000 50,077,000 47,880,000 46,254,000 45,433,000 48,385,000 51,708,000 45,181,000 43,266,000 42,710,000 43,277,000 40,969,000 34,641,000 40,244,000 33,047,000 36,485,000 31,923,000 15,132,000 15,925,000 15,944,000 14,448,000 14,211,000 13,795,000 13,491,000 6,603,000 6,530,000 5,948,000 6,017,000 3,037,000 3,029,000 3,027,000 2,244,000 2,347,000 2,551,000 2,540,000 2,540,000 2,551,000 2,537,000 2,550,000 1,800,000 1,825,000 1,891,000 1,858,000 1,566,000 1,533,000 1,535,000 1,523,000 1,595,000 1,625,000 1,534,000 1,582,000 1,655,000 2,124,000 2,029,000 1,955,000 1,389,000 1,438,000 1,199,000 2,705,000 5,817,000 5,800,000 1,062,000 920,000 16,522,000 17,857,000 17,846,000 19,093,000 19,067,000 3,421,000 19,121,000 19,286,000 19,451,000 3,498,000 17,359,000 
      liabilities and shareholders’ equity
    		                                                                                      
      non-current liabilities:
    		                                                                                      
      long-term debt, less current portion and debt issuance costs
    		   1,675,930,000     118,857,000 119,766,000 150,681,000 106,588,000 106,934,000 147,279,000 155,125,000 155,466,000    112,398,000                                                                   
      long-term debt held in escrow
    		       1,790,500,000                                                                               
      liability from tax receivable agreement
    		   13,295,000                                                                                   
      total non-current liabilities
    		   2,132,727,000                                                                                   
      shareholders’ equity:
    		                                                                                      
      preferred stock, 0.01 par value: authorized shares - 5,000,000; no shares issued or outstanding in 2024 and 2023
    		                                                                                      
      preferred stock, class b, 0.01 par value: authorized shares - 15,000; issued and outstanding shares - 10,088 in 2024 and none in 2023
    		                                                                                      
      retained (deficit) earnings
    		   -338,230,000 -301,634,000 -228,151,000                                                                                 
      total forward air shareholders equity
    		   201,728,000                                                                                   
      total shareholders’ equity
    		   285,868,000    764,261,000 665,700,000 673,609,000 685,633,000 707,244,000 682,698,000 664,350,000 611,771,000 593,654,000 555,536,000 550,349,000 544,731,000 547,329,000 552,196,000 566,292,000 565,841,000 577,182,000 561,145,000 550,042,000 553,437,000 553,244,000 548,410,000 541,870,000 526,443,000 533,489,000 505,590,000 519,237,000 500,628,000 499,069,000 495,842,000 489,482,000 510,570,000 510,055,000 492,356,000 488,484,000 477,014,000 463,563,000 446,582,000 450,661,000 453,382,000 435,865,000 418,444,000 403,755,000 380,447,000 351,671,000 336,977,000 318,777,000 304,757,000 286,902,000 270,893,000 282,736,000 268,269,000 244,134,000 235,406,000 227,702,000 218,759,000 215,397,000 212,857,000 208,442,000 195,912,000 182,582,000  172,246,000 185,440,000 185,227,000 177,066,000 198,967,000 164,871,000 173,498,000 187,113,000 168,907,000 162,295,000 154,845,000  138,374,000 131,117,000 123,968,000 118,346,000 112,673,000 
      total liabilities and shareholders’ equity
    		   2,802,641,000    2,979,533,000 1,190,581,000 1,184,573,000 1,226,566,000 1,208,076,000 1,186,059,000 1,197,143,000 1,166,806,000 1,117,823,000 1,070,508,000 1,081,841,000 1,015,901,000 1,047,393,000 1,048,210,000 1,072,499,000 1,066,236,000 990,878,000 980,633,000 936,557,000 885,577,000 760,215,000 743,141,000 711,292,000 690,207,000 687,716,000 669,168,000 659,687,000 635,868,000 641,291,000 641,513,000 644,427,000 689,053,000 700,171,000 698,665,000 709,360,000 715,387,000 541,805,000 529,945,000 532,489,000 534,567,000 506,269,000 490,802,000 468,192,000 446,206,000 399,187,000 386,618,000 370,776,000 364,760,000 341,151,000 374,813,000 382,979,000 368,102,000 341,813,000 330,497,000 320,623,000 306,686,000 305,383,000 300,988,000 304,922,000 274,023,000 264,545,000  199,976,000 212,852,000 213,014,000 207,192,000 225,527,000 199,658,000 206,818,000 213,035,000 201,256,000 192,128,000 183,694,000  166,637,000 157,944,000 150,881,000 145,511,000 141,498,000 
      other acquired intangibles, net of accumulated amortization of 190,369 in 2024 and 127,032 in 2023
    		    1,033,352,000                                                                                  
      preferred stock, class b, 0.01 par value: authorized shares - 15,000; issued and outstanding shares - 11,130 in 2024 and none in 2023
    		                                                                                      
      other acquired intangibles, net of accumulated amortization of 178,870 in 2024 and 127,032 in 2023
    		     1,230,699,000                                                                                 
      preferred stock, class b, 0.01 par value: authorized shares - 15,000; issued and outstanding shares - 12,105 in 2024 and none in 2023
    		                                                                                      
      other acquired intangibles, net of accumulated amortization of 145,141 in 2024 and 127,032 in 2023
    		      1,264,428,000                                                                                
      preferred stock, class b, 0.01 par value: authorized shares - 15,000; issued and outstanding shares - 4,435 in 2024 and none in 2023
    		                                                                                      
      preferred stock, class c, 0.01 par value: authorized shares - 10,000; issued and outstanding shares - 1,210 in 2024 and none in 2023
    		                                                                                      
      retained earnings
    		      417,282,000 480,320,000 384,803,000 395,758,000 411,365,000 436,124,000 414,623,000 398,952,000 350,058,000 334,910,000 300,195,000 297,612,000 296,780,000 304,140,000 314,426,000 332,929,000 335,429,000 350,034,000 339,237,000 331,682,000 338,980,000 342,663,000 341,332,000 340,206,000 328,546,000 337,848,000 313,943,000 330,273,000 317,329,000 319,256,000 321,089,000 322,817,000 346,540,000 348,895,000 339,350,000 337,364,000 329,261,000 333,153,000 319,764,000 326,667,000 333,220,000 327,834,000 315,675,000 304,537,000 293,754,000 286,735,000 273,714,000 264,384,000 252,256,000 244,405,000 258,056,000 247,211,000 237,309,000 221,714,000 214,857,000 208,976,000 203,331,000 201,581,000 200,766,000 199,588,000 189,518,000 179,440,000 180,635,000 171,952,000 185,138,000 184,923,000 176,761,000 195,775,000 164,559,000 161,165,000 153,089,000 134,302,000 125,290,000 116,783,000  102,273,000 95,945,000 89,595,000 84,160,000 67,441,000 
      current assets held for sale
    		                   21,002,000 16,925,000 11,871,000                                                                 
      other acquired intangibles, net of accumulated amortization of 127,032 in 2023 and 110,993 in 2022
    		       134,789,000                                                                               
      noncurrent assets held for sale
    		                   53,097,000 78,063,000 74,593,000                                                                 
      current liabilities held for sale
    		                   25,924,000 26,006,000 23,792,000                                                                 
      noncurrent liabilities held for sale
    		                   34,575,000 39,227,000 36,325,000                                                                 
      preferred stock, 0.01 par value: authorized shares - 5,000,000; no shares issued or outstanding in 2023 and 2022
    		                                                                                      
      other acquired intangibles, net of accumulated amortization of 136,802 in 2023 and 123,325 in 2022
    		        146,710,000                                                                              
      other acquired intangibles, net of accumulated amortization of 132,294 in 2023 and 123,325 in 2022
    		         151,218,000                                                                             
      other acquired intangibles, net of accumulated amortization of 127,786 in 2023 and 123,325 in 2022
    		          155,726,000                                                                            
      other receivables, less allowance of — in 2022 and — in 2021
    		                                                                                      
      other acquired intangibles, net of accumulated amortization of 123,325 in 2022 and 107,337 in 2021
    		           154,801,000                                                                           
      preferred stock, 0.01 par value: authorized shares - 5,000,000; no shares issued or outstanding in 2022 and 2021
    		                                                                                      
      other receivables, less allowance of 235 in 2022 and — in 2021
    		                                                                                      
      other acquired intangibles, net of accumulated amortization of 119,453 in 2022 and 107,336 in 2021
    		            155,161,000                                                                          
      other receivables, less allowance of 900 in 2022 and — in 2021
    		             104,000                                                                         
      other acquired intangibles, net of accumulated amortization of 115,297 in 2022 and 107,336 in 2021
    		             160,216,000                                                                         
      other acquired intangibles, net of accumulated amortization of 111,415 in 2022 and 107,337 in 2021
    		              150,638,000                                                                        
      other acquired intangibles, net of accumulated amortization of 107,337 in 2021 and 93,009 in 2020
    		               154,717,000                                                                       
      commitments and contingencies
    		                                                                                      
      preferred stock, 0.01 par value: authorized shares - 5,000,000; no shares issued or outstanding in 2021 and 2020
    		                                                                                      
      less accumulated depreciation and amortization
    		                199,875,000 196,168,000 192,622,000 190,652,000 189,042,000 187,239,000 216,621,000 213,706,000 217,813,000 214,126,000 210,750,000 204,005,000 199,166,000 197,264,000 199,088,000 193,123,000 192,109,000 185,510,000 182,686,000 178,816,000 172,348,000 166,868,000 162,172,000 155,859,000 150,180,000 144,638,000 138,287,000 132,699,000 127,259,000 124,068,000 121,135,000 116,287,000 112,514,000 109,346,000 107,439,000 105,581,000 101,941,000 98,174,000 96,531,000 93,267,000 91,023,000 88,517,000 88,033,000 83,615,000 82,026,000 78,323,000 72,976,000 69,345,000 66,453,000 60,247,000 57,240,000 58,121,000 52,675,000 51,086,000 49,374,000  46,615,000 45,086,000 45,518,000 47,015,000 45,583,000 42,304,000 40,611,000 38,976,000  35,728,000 34,946,000 -33,306,000  26,992,000 
      total property and equipment
    		                196,219,000 186,987,000 186,944,000 380,519,000 190,264,000 194,595,000 209,754,000 426,737,000 220,843,000 208,842,000 206,856,000 413,900,000 210,299,000 204,243,000 203,600,000 399,235,000 191,781,000 189,559,000 193,937,000 379,021,000 197,234,000 188,256,000 182,759,000 343,147,000 172,501,000 173,197,000 172,527,000 305,188,000 176,496,000 179,381,000 171,229,000 271,050,000 157,599,000 157,465,000 146,627,000 239,138,000 136,763,000 139,082,000 138,607,000 223,135,000 133,255,000 133,198,000 129,527,000 127,339,000 129,670,000 130,331,000 130,407,000 130,474,000 123,931,000 114,016,000 103,748,000 103,861,000 99,369,000 92,282,000 76,982,000 101,190,000 50,346,000 47,497,000 37,331,000 35,602,000 35,488,000 32,810,000         
      other acquired intangibles, net of accumulated amortization of 103,635 in 2021 and 93,009 in 2020
    		                142,196,000                                                                      
      long-term debt and finance lease obligations, less current portion and debt issuance costs
    		                161,312,000 161,729,000 117,156,000                                                                    
      other acquired intangibles, net of accumulated amortization of 100,018 in 2021 and 93,009 in 2020
    		                 145,813,000                                                                     
      other acquired intangibles, net of accumulated amortization of 96,451 in 2021 and 93,009 in 2020
    		                  147,668,000                                                                    
      the accompanying notes are an integral part of the condensed consolidated financial statements.
    		                                                                                      
      property and equipment:
    		                                                                                      
      land
    		                   26,365,000    16,928,000    16,928,000    16,928,000    16,928,000    16,998,000    16,998,000    16,998,000    16,928,000    16,928,000                2,611,000         2,611,000    2,611,000  
      buildings
    		                   65,923,000    65,919,000    65,919,000    65,870,000    65,857,000    66,502,000    66,477,000    66,474,000    65,727,000    65,457,000                12,367,000         7,961,000    7,961,000  
      equipment
    		                   270,429,000    322,029,000    311,573,000    291,181,000    273,463,000    241,391,000    212,216,000    178,752,000    149,571,000    134,275,000                82,646,000         57,336,000    56,382,000  
      leasehold improvements
    		                   13,747,000    16,852,000    14,165,000    12,604,000    10,694,000    9,228,000    7,957,000    6,263,000    5,973,000    5,778,000                3,566,000         2,323,000    1,865,000  
      construction in progress
    		                   4,055,000    5,009,000    5,315,000    12,652,000    12,079,000    9,028,000    1,540,000    2,563,000    939,000    697,000                               
      net property and equipment
    		                   189,867,000    213,031,000    209,895,000    206,112,000    200,205,000    187,288,000    172,489,000    154,763,000    133,557,000    129,868,000                53,315,000               
      other acquired intangibles, net of accumulated amortization of 93,009 in 2020 and 79,520 in 2019
    		                   145,032,000                                                                   
      forward air corporation
    		                                                                                      
      consolidated balance sheets
    		                                                                                      
      accrued payroll and related items
    		                   18,545,000    16,210,000    16,959,000    13,230,000    11,522,000    10,051,000    8,122,000    6,325,000    5,623,000    7,739,000                3,117,000             1,988,000  
      insurance and claims accruals
    		                   17,994,000    16,366,000    12,648,000    11,999,000    10,122,000    8,935,000    6,042,000    5,105,000    5,475,000    4,806,000                3,265,000             4,322,000  
      payables to leased capacity providers
    		                   14,725,000                                                                   
      current portion of finance lease obligations
    		                   1,801,000    1,421,000                                                               
      preferred stock, 0.01 par value: authorized shares - 5,000,000; no shares issued or outstanding in 2020 and 2019
    		                                                                                      
      goodwill and other acquired intangibles:
    		                                                                                      
      other acquired intangibles, net of accumulated amortization of 89,540 in 2020 and 79,250 in 2019
    		                    145,086,000                                                                  
      total goodwill and other acquired intangibles
    		                    386,019,000 389,385,000 400,774,000  350,461,000 344,855,000 310,242,000  299,852,000 298,412,000 300,609,000                          71,148,000 72,295,000 73,443,000 75,738,000 76,886,000 78,033,000 80,329,000 81,476,000 82,624,000 90,910,000 82,112,000 83,036,000 34,513,000 26,140,000 26,500,000  26,638,000 26,957,000             
      current portion of operating lease obligations
    		                    40,258,000 42,108,000 57,501,000 50,615,000 47,137,000 49,370,000 43,824,000                                                            
      debt and finance lease obligations, less current portion
    		                    116,583,000 136,549,000 136,900,000  72,738,000 57,311,000 47,312,000                                                            
      operating lease obligations, less current portion
    		                    76,003,000 82,404,000 114,380,000 101,525,000 112,553,000 100,752,000 89,915,000                                                            
      preferred stock
    		                                                                                      
      the accompanying notes are an integral part of the financial statements.
    		                                                                                      
      other acquired intangibles, net of accumulated amortization of 86,174 in 2020 and 79,250 in 2019
    		                     148,452,000                                                                 
      other acquired intangibles, net of accumulated amortization of 95,492 in 2020 and 91,879 in 2019
    		                      158,135,000                                                                
      inventories
    		                       2,132,000    2,240,000    1,425,000    1,306,000    1,310,000    1,056,000    1,052,000    901,000    881,000                501,000         399,000    403,000  
      prepaid expenses and other current assets
    		                       15,418,000    11,763,000    9,955,000    9,851,000    10,794,000    9,648,000    14,296,000    8,769,000    7,102,000                4,114,000         2,669,000    2,027,000  
      income tax receivable
    		                       3,822,000    5,063,000    4,428,000        18,876,000                                               
      other acquired intangibles, net of accumulated amortization of 91,879 in 2019 and 80,666 in 2018
    		                       127,798,000                                                               
      total net goodwill and other acquired intangibles
    		                       348,903,000    312,753,000    302,918,000 305,097,000 307,766,000 288,934,000 291,325,000 293,716,000 286,010,000 332,410,000 333,409,000 337,430,000 339,792,000 343,098,000 217,117,000 212,456,000 213,399,000 215,673,000 128,606,000 130,028,000 130,909,000 132,511,000 65,434,000 66,557,000 67,705,000 68,853,000 70,000,000                26,319,000               
      payables to owner-operators
    		                       14,246,000    7,424,000    6,322,000    5,597,000    7,901,000    4,182,000    4,710,000    3,978,000    3,197,000                2,128,000               
      collections on behalf of customers
    		                       315,000    261,000    329,000    349,000    517,000    374,000    416,000    457,000    473,000                1,347,000               
      other accrued expenses
    		                       2,685,000    2,492,000    2,869,000    4,243,000    2,419,000    2,571,000    1,719,000    943,000    385,000                1,287,000             5,215,000  
      current portion contingent consideration
    		                       5,320,000                                                               
      preferred stock, 0.01 par value: authorized shares - 5,000,000; no shares issued
    		                                                                                      
      other acquired intangibles, net of accumulated amortization of 88,839 in 2019 and 80,666 in 2018
    		                        130,038,000                                                              
      other acquired intangibles, net of accumulated amortization of 85,845 in 2019 and 80,666 in 2018
    		                         126,482,000                                                             
      other acquired intangibles, net of accumulated amortization of 83,177 in 2019 and 80,666 in 2018
    		                          111,150,000                                                            
      other acquired intangibles, net of accumulated amortization of 80,666 in 2018 and 71,527 in 2017
    		                           113,661,000                                                           
      income taxes payable
    		                               320,000  1,629,000 8,326,000 70,000        1,292,000            4,386,000          1,007,000                     
      current portion of capital lease obligations
    		                           309,000    359,000    347,000    331,000    276,000    69,000    276,000    552,000              42,000 41,000 40,000 40,000 39,000 37,000 43,000 41,000 30,000 29,000 29,000  28,000 28,000 27,000 27,000 473,000 
      capital lease obligations, less current portion
    		                           54,000    365,000    725,000    1,074,000    1,275,000    3,000    58,000    333,000              775,000 786,000 796,000 807,000 817,000 846,000 849,000 858,000 884,000 892,000 899,000  914,000 921,000 928,000 935,000 3,902,000 
      other acquired intangibles, net of accumulated amortization of 78,250 in 2018 and 71,527 in 2017
    		                            106,227,000                                                          
      current portion of debt and capital lease obligations
    		                            336,000 344,000 351,000  466,000 462,000 352,000  41,866,000 55,713,000 69,785,000  55,898,000 55,906,000 56,082,000  280,000 294,000 318,000  92,000 121,000 182,000  386,000 474,000 521,000  561,000 583,000 603,000 672,000 779,000 835,000 1,072,000 1,231,000 1,433,000 2,416,000 592,000 701,000 859,000                  
      long-term debt and capital lease obligations, less current portion
    		                            40,383,000 40,453,000 40,522,000  40,696,000 20,983,000 13,529,000  814,000 909,000 779,000  42,830,000 56,926,000 70,897,000  1,346,000 1,415,000 1,477,000  4,000 23,000 37,000  88,000 139,000 228,000  50,473,000 50,611,000 50,747,000 51,023,000 51,819,000 51,992,000 52,404,000 52,633,000 52,868,000 54,565,000 36,441,000                    
      cash
    		                             20,102,000 12,735,000  12,423,000 10,090,000 14,335,000  11,312,000 21,679,000 38,037,000  47,444,000 42,531,000 54,495,000  24,573,000 24,943,000 41,044,000  98,551,000 81,101,000 71,630,000  92,988,000 68,832,000 69,397,000  87,467,000 96,119,000 85,681,000 63,219,000 47,916,000 44,612,000 27,230,000 24,072,000 31,241,000 17,591,000 1,082,000 3,235,000 8,306,000 10,336,000 5,435,000 8,231,000 4,356,000 13,022,000 141,000 8,178,000 5,012,000          
      other acquired intangibles, net of accumulated amortization of 76,033 in 2018 and 71,527 in 2017
    		                             106,741,000                                                         
      other acquired intangibles, net of accumulated amortization of 73,837 in 2018 and 71,527 in 2017
    		                              108,938,000                                                        
      other acquired intangibles, net of accumulated amortization of 71,527 in 2017 and 61,334 in 2016
    		                               111,247,000                                                       
      current portion of long-term debt
    		                                   27,665,000    55,556,000                                          83,000 205,000 325,000 443,000 459,000 
      other acquired intangibles, net of accumulated amortization of 68,971 in 2017 and 61,334 in 2016
    		                                113,562,000                                                      
      other acquired intangibles, net of accumulated amortization of 66,303 in 2017 and 61,334 in 2016
    		                                 116,231,000                                                     
      other acquired intangibles, net of accumulated amortization of 63,725 in 2017 and 61,334 in 2016
    		                                  104,259,000                                                    
      other acquired intangibles, net of accumulated amortization of 61,334 in 2016 and 51,212 in 2015
    		                                   106,650,000                                                   
      other acquired intangibles, net of accumulated amortization of 58,943 in 2016 and 51,212 in 2015
    		                                    109,041,000                                                  
      other acquired intangibles, net of accumulated amortization of 56,593 in 2016 and 51,212 in 2015
    		                                     106,709,000                                                 
      other acquired intangibles, net of accumulated amortization of 53,911 in 2016 and 51,212 in 2015
    		                                      125,893,000                                                
      other acquired intangibles, net of accumulated amortization of 51,212 in 2015 and 40,307 in 2014
    		                                       127,800,000                                               
      other acquired intangibles, net of accumulated amortization of 48,481 in 2015 and 40,307 in 2014
    		                                        130,531,000                                              
      other acquired intangibles, net of accumulated amortization of 45,750 in 2015 and 40,307 in 2014
    		                                         133,262,000                                             
      other acquired intangibles, net of accumulated amortization of 42,823 in 2015 and 40,307 in 2014
    		                                          140,189,000                                            
      other acquired intangibles, net of accumulated amortization of 40,307 in 2014 and 31,790 in 2013
    		                                           72,705,000                                           
      other acquired intangibles, net of accumulated amortization of 38,100 in 2014 and 31,790 in 2013
    		                                            71,778,000                                          
      other acquired intangibles, net of accumulated amortization of 35,970 in 2014 and 31,790 in 2013
    		                                             74,560,000                                         
      other acquired intangibles, net of accumulated amortization of 33,304 in 2014 and 31,790 in 2013
    		                                              84,456,000                                        
      other acquired intangibles, net of accumulated amortization of 31,790 in 2013 and 26,028 in 2012
    		                                               40,110,000                                       
      other acquired intangibles, net of accumulated amortization of 30,276 in 2013 and 26,028 in 2012
    		                                                41,624,000                                      
      other acquired intangibles, net of accumulated amortization of 28,763 in 2013 and 26,028 in 2012
    		                                                 43,138,000                                     
      other acquired intangibles, net of accumulated amortization of 27,249 in 2013 and 26,028 in 2012
    		                                                  44,651,000                                    
      other acquired intangibles, net of accumulated amortization of 26,028 in 2012 and 21,462 in 2011
    		                                                   22,102,000                                   
      other acquired intangibles, net of accumulated amortization of 24,905 in 2012 and 21,462 in 2011
    		                                                    23,225,000                                  
      other acquired intangibles, net of accumulated amortization of 23,757 in 2012 and 21,462 in 2011
    		                                                     24,373,000                                 
      other acquired intangibles, net of accumulated amortization of 22,609 in 2012 and 21,462 in 2011
    		                                                      25,521,000                                
      other acquired intangibles, net of accumulated amortization of 21,462 in 2011 and 16,871 in 2010
    		                                                       26,668,000                               
      other acquired intangibles, net of accumulated amortization of 20,314 in 2011 and 16,871 in 2010
    		                                                        27,816,000                              
      authorized shares – 50,000,000
    		                                                                                      
      issued and outstanding shares – 28,476,942 in 2011 and 29,030,919 in 2010
    		                                                        285,000                              
      (a) taken from audited financial statements, which are not presented in their entirety.
    		                                                                                      
      other acquired intangibles, net of accumulated amortization of 19,167 in 2011 and 16,871 in 2010
    		                                                         28,963,000                             
      issued and outstanding shares – 29,377,550 in 2011 and 29,030,919 in 2010
    		                                                         294,000                             
      other acquired intangibles, net of accumulated amortization of 18,019 in 2011 and 16,871 in 2010
    		                                                          30,111,000                            
      issued and outstanding shares – 29,243,051 in 2011 and 29,030,919 in 2010
    		                                                          292,000                            
      other acquired intangibles, net of accumulated amortization of 15,724 in 2010 and 12,281 in 2009
    		                                                           32,406,000                           
      issued and outstanding shares – 29,002,375 in 2010 and 28,950,391 in 2009
    		                                                           290,000                           
      other acquired intangibles, net of accumulated amortization of 14,576 in 2010 and 12,281 in 2009
    		                                                            33,554,000                          
      issued and outstanding shares – 28,988,000 in 2010 and 28,950,391 in 2009
    		                                                            290,000                          
      other acquired intangibles, net of accumulated amortization of 13,429 in 2010 and 12,281 in 2009
    		                                                             34,701,000                         
      issued and outstanding shares – 28,952,441 in 2010 and 28,950,391 in 2009
    		                                                             290,000                         
      other acquired intangibles, net of accumulated amortization of 11,134 in 2009
    		                                                                                      
      and 8,103 in 2008
    		                                                              36,997,000 38,144,000                       
      issued and outstanding shares – 28,942,882 in 2009 and 28,893,850 in 2008
    		                                                              289,000                        
      other acquired intangibles, net of accumulated amortization of 9,986 in 2009
    		                                                                                      
      issued and outstanding shares – 28,941,829 in 2009 and 28,893,850 in 2008
    		                                                               289,000                       
      other acquired intangibles, net of accumulated amortization of 8,838 in 2009 and 8,103 in 2008
    		                                                                39,292,000                      
      issued and outstanding shares – 28,916,313 in 2009 and 28,893,850 in 2008
    		                                                                289,000                      
      other acquired intangibles, net of accumulated amortization of 6,858 in 2008 and
    		                                                                                      
      3,740 in 2007
    		                                                                 35,953,000 37,067,000                    
      issued and outstanding shares – 28,888,238 in 2008 and 28,648,068 in 2007
    		                                                                 289,000                     
      income taxes receivable
    		                                                                  1,041,000 2,476,000    3,403,000             1,472,000  
      other acquired intangibles, net of accumulated amortization of 5,744 in 2008 and
    		                                                                                      
      issued and outstanding shares – 28,842,841 in 2008 and 28,648,068 in 2007
    		                                                                  288,000                    
      short-term investments
    		                                                                   522,000 10,600,000 10,575,000 42,075,000 61,650,000 60,800,000 80,295,000 78,190,000 85,771,000 111,850,000 4,000,000 6,000,000 6,000,000 3,000,000 3,000,000 6,060,000 8,271,000 20,274,000 25,305,000 
      other acquired intangibles, net of accumulated amortization of 4,634 in 2008 and 3,740 in 2007
    		                                                                   29,097,000                   
      debt and capital lease obligations, less current portion
    		                                                                   41,359,000 983,000                  
      issued and outstanding shares – 28,756,065 in 2008 and 28,648,068 in 2007
    		                                                                   287,000                   
      other acquired intangibles, net of accumulated amortization of 3,211 in 2007 and 2,019 in 2006
    		                                                                    18,925,000                  
      authorized shares - 50,000,000
    		                                                                                      
      issued and outstanding shares - 29,483,257 in 2007 and 30,372,082 in 2006
    		                                                                    295,000                  
      other acquired intangibles, net of accumulated amortization of 2,698 in 2007 and 2,019 in 2006
    		                                                                     10,552,000                 
      issued and outstanding shares – 29,445,634 in 2007 and 30,372,082 in 2006
    		                                                                     294,000                 
      other acquired intangibles, net of accumulated amortization of 2,338 in 2007 and 2,019 in 2006
    		                                                                      10,912,000                
      preferred stock, 0.01 par value:
    		                                                                                      
      authorized shares - 5,000,000
    		                                                                                      
      no shares issued
    		                                                                                      
      issued and outstanding shares - 30,167,408 in 2007 and 30,372,082 in 2006
    		                                                                      302,000                
      accounts receivable, less allowances
    		                                                                       48,486,000               
      accumulated depreciation and amortization
    		                                                                       47,875,000         37,319,000    31,646,000  
      other acquired intangibles, net of accumulated amortization of 2,019 in 2006 and 744 in 2005
    		                                                                       10,731,000               
      short-term debt
    		                                                                                      
      issued and outstanding shares - 30,372,082 in 2006 and 31,360,842 in 2005
    		                                                                       304,000               
      other acquired intangibles, net of accumulated amortization of 1,700 in 2006 and 744 in 2005
    		                                                                        11,050,000              
      issued and outstanding shares - 30,461,491 in 2006 and 31,360,842 in 2005
    		                                                                        305,000              
      other acquired intangibles, net of accumulated amortization of 1,381 in 2006 and 744 in 2005
    		                                                                         11,369,000             
      issued and outstanding shares - 31,499,871 in 2006 and 31,360,842 in 2005
    		                                                                         315,000             
      goodwill and other acquired intangibles, net of accumulated amortization of 2,356 in 2005 and 1,931 in 2004
    		                                                                          27,913,000            
      line of credit
    		                                                                          1,404,000            
      issued and outstanding shares – 31,114,664 in 2005 and 32,397,747 in 2004
    		                                                                          311,000            
      acquired intangibles, less accumulated amortization of 106
    		                                                                           12,644,000           
      issued and outstanding shares – 31,562,787 in 2005 and 32,397,747 in 2004
    		                                                                           316,000           
      issued and outstanding shares – 32,317,617 in 2005 and 32,397,747 in 2004
    		                                                                            323,000          
      issued and outstanding shares – 21,478,384 in 2004 and 21,496,885 in 2003
    		                                                                              215,000        
      issued and outstanding shares - 21,510,775 in 2004 and 21,496,885 in 2003
    		                                                                               215,000       
      goodwill, net of accumulated amortization of 1,931 in 2003 and 2002
    		                                                                                15,588,000      
      other intangible assets
    		                                                                                    478,000  
      operating revenue
    		                                                                                241,517,000      
      operating expenses:
    		                                                                                      
      purchased transportation
    		                                                                                102,063,000      
      salaries, wages and employee benefits
    		                                                                                54,267,000      
      operating leases
    		                                                                                13,102,000      
      depreciation and amortization
    		                                                                                7,263,000      
      insurance and claims
    		                                                                                5,153,000      
      other operating expenses
    		                                                                                19,487,000      
      income from operations
    		                                                                                40,182,000      
      other income:
    		                                                                                      
      interest expense
    		                                                                                -71,000      
      other
    		                                                                                600,000      
      income before income taxes
    		                                                                                40,711,000      
      income taxes
    		                                                                                14,896,000      
      net income
    		                                                                                25,815,000      
      basic net income per share
    		                                                                                1,210      
      diluted net income per share
    		                                                                                1,190      
      software development in progress
    		                                                                                      
      long-term investments
    		                                                                                     275,000 
      goodwill, net of accumulated amortization of 1,931 in 2002 and 2001
    		                                                                                    15,588,000  
      preferred stock, .01 par value:
    		                                                                                      
    The information provided in this report is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.