Forward Air Files Definitive Proxy Statement and Reiterates Commitment to Board Refreshment

Forward Air Corporation (NASDAQ:FWRD) (the “Company”, “we”, “our”, or “us”) today announced the filing of its definitive proxy statement with the Securities and Exchange Commission (“SEC”) on May 20, 2024 in preparation for its upcoming annual shareholder meeting, which will be held on June 3, 2024 for shareholders as of the March 25, 2024 record date.

Forward is dedicated to fostering a culture of continuous improvement, transparency and accountability as the management team continues to execute on the Company’s strategic priorities. This includes maintaining an open dialogue with all our shareholders and listening to their feedback to refresh the Board and ensure it has the right mix of skills and experience to guide the Company forward.

Forward’s Board and management team are committed to acting in the best interests of the Company and its shareholders. The Company will continue to take actions it believes will drive sustainable value to shareholders as it integrates Omni, eliminates cost from its structure and improves investor engagement.

For more information on the matters to be voted on at the upcoming annual shareholder meeting, shareholders are encouraged to review the definitive proxy statement, which will be available on the Company's investor relations website and filed with the SEC.

About Forward Air Corporation

Forward Air is a leading asset-light provider of transportation services across the United States, Canada and Mexico. We provide expedited less-than-truckload (“LTL”) services, including local pick-up and delivery, shipment consolidation/deconsolidation, warehousing, and customs brokerage by utilizing a comprehensive national network of terminals. In addition, we offer truckload brokerage services, including dedicated fleet services; and intermodal, first-and last-mile, high-value drayage services, both to and from seaports and railheads, dedicated contract and Container Freight Station warehouse and handling services. Forward also operates a full portfolio of multimodal solutions, both domestically and internationally, via Omni Logistics. Omni Logistics is a global provider of air, ocean and ground services for mission-critical freight. We are more than a transportation company. Forward is a single resource for your shipping needs. For more information, visit our website at www.forwardaircorp.com.