FORWARD AIR CORP
For the period ended Dec 31, 2023. Filed Mar 15, 2024.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2023 · Filed Mar 15, 2024
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Item 2. Properties
Our headquarters are in Greeneville, Tennessee and we have additional general offices in Atlanta, Georgia and Columbus, Ohio. As of December 31, 2023, we owned six facilitates, including the Columbus, Ohio general office and lease 152 facilities, including the general office in Atlanta, Georgia and our corporate headquarters in Greeneville, Tennessee. We consider each of our facilities to be in good condition and adequate for its present use. We believe in the event that we need additional facilities, we will be able to purchase or lease facilities on terms and costs similar to those of competitors within the transportation industry.
Our principal facilities as of December 31, 2023 were as follows:
| Location | Segment | Leased(square feet) | Owned(square feet) | Number of Doors |
|---|---|---|---|---|
| Atlanta, Georgia | Expedited Freight | 152,000 | 115 | |
| Chicago, Illinois | Expedited Freight | 125,000 | 108 | |
| Columbus, Ohio | Expedited Freight | 146,000 | 175 | |
| Columbus, Ohio | Corporate | 240,000 | ||
| Dallas, Texas | Expedited Freight | 223,000 | 134 | |
| Los Angeles, California | Expedited Freight | 253,000 | 56 | |
| Miami, Florida | Expedited Freight | 111,000 | 39 | |
| Newark, New Jersey | Expedited Freight | 133,000 | 36 | |
| Phoenix, Arizona | Expedited Freight | 103,000 | 24 | |
| San Francisco, California | Expedited Freight | 136,000 | 22 |
In addition to our owned and leased facilities, we partner with independent agents in 30 cities where the agents handle the freight for us on a commission basis.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.