Forward Air Corporation (NASDAQ:FWRD) (the "Company," "Forward," "we," "our" or "us") today announced the release of its 2025 Sustainability Report, highlighting progress across its sustainability efforts and support for employees, customers and communities.

"Being a responsible company is an integral part of our transformation into a global logistics provider. How we approach sustainability plays a pivotal role in how we grow our business, strengthen customer relationships, maximize employee engagement, and impact our planet," said Shawn Stewart, President and Chief Executive Officer. "We remain focused on building a sustainable business model and are devoted to doing what is right for our people, planet and communities."

2025 Sustainability Report Highlights

People: Building a safe workplace where people can grow, care for themselves and feel connected

• Decreased roadway incidents by nearly 12% in 2024, down from 2023 and 42% from 2019 through continuous training and compliance.
• Strengthened employee health and wellness benefits and policies to reflect the needs of a diverse workforce.

Planet: Monitoring and reducing the Company's environmental impact

• Established a preliminary goal to reduce absolute Scope 1 and Scope 2 GHG emissions (combined) by 42% by 2030 from a 2021 base year.
• Began the process to onboard terminals utilizing on-site fueling to make the economically and environmentally improved switch to renewable diesel.
• Reduced idle usage across all KPIs, resulting in 15,695.33 fewer idle gallons used in 2024 than in 2023.
• Achieved 100% renewable energy sourcing for the Dallas headquarters.

Customer: Helping customers meet their goals reliably, transparently and sustainably

• Provided ad-hoc or recurring carbon accounting for all freight transported for customers to report Scope 3 emissions.
• Received awards highlighting the Company's exceptional customer service, operational excellence and strong commitment to partners, including 2024 International and Domestic Forwarder of the Year, Commitment to Excellence Carrier of the Year for 2024, Recognition for agile support of volume and demand surge in the fourth quarter of 2024 and Empowerment Award in appreciation for the Company's support of the Women-Owned Business Initiative.
• Maintained robust cybersecurity practices, reflecting a commitment to responsible corporate citizenship, ethical business practices and customer trust.

Community: Creating a lasting impact for employees, the industry and communities

• Advanced Forward Air's Operation: Forward Freedom with $526,000 raised for Hope For The Warriors at the 2025 Drive for Hope event. Forward Air has raised more than $1.75 million since 2020.
• Supported local environmental disaster recovery efforts, including for the South-Central Texas floods and Greeneville, TN and Asheville, NC tornadoes.
• Maintaining partnerships with organizations that strengthen the industry and create safer, more inclusive communities, including Truckers Against Trafficking and the Women in Trucking Association.

Forward Air's 2025 Sustainability Report can be found here.

About Forward Air Corporation

Forward is a leading asset-light provider of transportation services across the United States, Canada and Mexico. We provide expedited less-than-truckload 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.

Note Regarding Forward-Looking Statements

This press release may contain statements that might be considered as forward-looking statements. Forward-looking statements can be identified by words such as: "anticipate", "expect", "intend", "plan", "goal", "target", "project", "believe", "may", "should", "will", "aim", "would", "seek", "estimate", "strategy", "future", "likely" and similar references to future periods. Such statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and are based on management's belief or interpretation of information currently available. These statements and assumptions involve certain risks and uncertainties including Forward's expectations regarding its ongoing commitment to ESG efforts as well as its ability to operate in a manner that positively impacts its various stakeholders. Actual events may also differ from these expectations as a result of the risks identified from time to time in our filings with the Securities and Exchange Commission. You should consider the forward-looking statements contained herein in light of such risks. We assume no duty to update these statements as of any future date.

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Investors:

Tony Carreño

investorrelations@forwardair.com



Media:

Hannah Weeg

HWeeg@forwardair.com