Forward Air Corporation (FWRD) Q4 2025 Earnings Call Transcript

SA Transcripts158.57K FollowersFollow5ShareSaveCommentsPlay Earnings CallPlay Earnings Call Forward Air Corporation (FWRD) Q4 2025 Earnings Call February 23, 2026 4:30 PM EST Company Participants Tony CarrenoShawn Stewart - President, CEO & DirectorJamie Pierson - Chief Financial Officer Conference Call Participants J. Bruce Chan - Stifel, Nicolaus & Company, Incorporated, Research DivisionStephanie Benjamin Moore - Jefferies LLC, Research DivisionScott Group - Wolfe Research, LLCHarrison Bauer - Susquehanna Financial Group, LLLP, Research Division Presentation Operator Good afternoon, everyone. Welcome to Forward Air's Fourth Quarter and Full Year 2025 Earnings Conference Call. [Operator Instructions] I would now like to turn the call over to Mr. Tony Carreno, Senior Vice President of Treasury and Investor Relations. Please go ahead, sir.

Tony Carreno Thank you, operator, and good afternoon, everyone. Welcome to Forward Air's Fourth Quarter and Year-End 2025 Earnings Conference Call. With us this afternoon are Shawn Stewart, President and Chief Executive Officer; and Jamie Pierson, Chief Financial Officer. By now, you should have received the press release announcing Forward Air's fourth quarter 2025 results, which was also furnished to the SEC on Form 8-K. We have also furnished a slide presentation outlining fourth quarter 2025 earnings highlights and a business update. Both the press release and slide presentation for this call are accessible on the Investor Relations section of Forward Air's website at forwardair.com. Please be aware that certain statements in the company's earnings release announcement and on this conference call may be considered forward-looking statements. This includes statements which are based on expectations, intentions and projections regarding the company's future performance, anticipated events or trends and other matters that are not historical facts, including statements regarding our fiscal year 2026. These statements are not a guarantee of future performance and are subject to known and unknown risks, uncertainties and other factors that could cause actual results to differ materially from those expressed