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Stock impact report

Forward Air flags 10% to 15% revenue impact from new tariffs [Yahoo! Finance]

Forward Air Corporation (FWRD) 
Last forward air corporation earnings: 4/30 04:27 pm Check Earnings Report
US:NASDAQ Investor Relations: forwardair.gcs-web.com/investor-overview
Company Research Source: Yahoo! Finance
The Greeneville, Tennessee-based transportation and logistics company flagged the portion of its $2.5 billion top line as potentially being affected by tariffs announced on April 2 “After reviewing the preliminary IEEPA [International Emergency Economic Powers Act] details, the Company currently estimates that between 10 percent and 15 percent of its revenue in 2024 would have been from shipments directly transported under its control from the countries potentially impacted by the evolving landscape around the tariff increases announced on April 2, 2025,” a news release said. It said it's “unable to estimate the potential tariff impact to shipments handled prior to being transported under our control, including in our Intermodal segment.” Forward's ( NASDAQ: FWRD ) intermodal unit reported $233 million in revenue last year. The news release also said first-quarter adjusted earnings before interest, taxes, depreciation and amortization is expected to be in a range of $54 milli Show less Read more
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