<SEC-DOCUMENT>0001157523-14-004684.txt : 20141126
<SEC-HEADER>0001157523-14-004684.hdr.sgml : 20141126
<ACCEPTANCE-DATETIME>20141126135227
ACCESSION NUMBER:		0001157523-14-004684
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20141126
ITEM INFORMATION:		Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20141126
DATE AS OF CHANGE:		20141126

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			FORWARD AIR CORP
		CENTRAL INDEX KEY:			0000912728
		STANDARD INDUSTRIAL CLASSIFICATION:	ARRANGEMENT OF TRANSPORTATION OF FREIGHT & CARGO [4731]
		IRS NUMBER:				621120025
		STATE OF INCORPORATION:			TN
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-22490
		FILM NUMBER:		141252902

	BUSINESS ADDRESS:	
		STREET 1:		430 AIRPORT RD
		CITY:			GREENEVILLE
		STATE:			TN
		ZIP:			37745
		BUSINESS PHONE:		4236367000

	MAIL ADDRESS:	
		STREET 1:		P.O. BOX 1058
		CITY:			GREENEVILLE
		STATE:			TN
		ZIP:			37744

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	LANDAIR SERVICES INC
		DATE OF NAME CHANGE:	19930928
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>a50992018.htm
<DESCRIPTION>FORWARD AIR CORPORATION
<TEXT>
<html>
  <head>
    <title></title>
<!--Copyright 2014 Business Wire, a Berkshire Hathaway company.-->
<!--All rights reserved www.businesswire.com-->
  </head>
  <body style="font-size: 10pt; font-family: Times New Roman">
    <hr style="width: 100%; color: #000000; text-align: center; height: 1.0 pt">


    <p style="text-align: center">

    </p>
    <p style="text-align: center">
      <font style="font-family: Times New Roman; font-size: 12pt"><b>UNITED
      STATES</b></font><b><font style="font-family: Times New Roman; font-size: 12pt"><br style="font-size: 12pt; font-family: Times New Roman"></font><font style="font-family: Times New Roman; font-size: 12pt">SECURITIES
      AND EXCHANGE COMMISSION</font></b><br>
    </p>
    <p style="text-align: center">
      <font style="font-family: Times New Roman; font-size: 12pt"><b>Washington,
      D.C. 20549</b></font><font style="font-size: 12pt"><br style="font-size: 12pt"></font>
    </p>
    <hr style="width: 17%; color: #000000; text-align: center; height: 1.0 pt">


    <p>

    </p>
    <p style="text-align: center">
      <font style="font-size: 14pt"><b>FORM 8-K</b></font><br>
    </p>
    <hr style="width: 17%; color: #000000; text-align: center; height: 1.0 pt">


    <p style="text-align: center">
      <font style="font-family: Times New Roman; font-size: 11pt"><b>CURRENT
      REPORT</b></font><br><b><br><font style="font-size: 11pt">Pursuant to
      Section 13 or 15(d) of</font><font style="font-size: 11pt"><br style="font-size: 11pt"></font><font style="font-size: 11pt">the
      Securities Exchange Act of 1934</font><br></b><br><font style="font-family: Times New Roman; font-size: 12pt">Date
      of Report (Date of earliest event reported): </font><font style="font-family: Times New Roman; font-size: 12pt"><b>November
      26, 2014 (November 26, 2014)</b></font><font style="font-size: 12pt"><br style="font-size: 12pt"></font>
    </p>
    <p style="text-align: center">
      <br>

    </p>
<div style="text-align:left">
    <table style="width: 100%; font-size: 10pt; font-family: Times New Roman; margin-bottom: 10.0px" cellspacing="0">
      <tr>
        <td valign="top" style="border-bottom: solid black 1.0pt; text-align: center; padding-left: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <font style="font-size: 14pt"><b>FORWARD AIR CORPORATION</b></font>
          </p>
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: center; padding-left: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <font style="font-size: 10pt">(Exact name of registrant as
            specified in its charter)</font>
          </p>
        </td>
      </tr>
    </table>
    </div>
    <p style="text-align: center">
      <br>

    </p>
<div style="text-align:left">
    <table style="width: 100%; font-size: 10pt; font-family: Times New Roman; margin-bottom: 10.0px" cellspacing="0">
      <tr>
        <td valign="top" style="width: 34%; border-bottom: solid black 1.0pt; text-align: center; padding-left: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <font style="font-size: 10pt"><b>Tennessee</b></font>
          </p>
        </td>
        <td valign="top" style="width: 3%; padding-bottom: 2.0px; text-align: left; padding-left: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            &#160;
          </p>
        </td>
        <td valign="top" style="width: 30%; border-bottom: solid black 1.0pt; padding-right: 0.0px; text-align: center; padding-left: 0.0px; white-space: nowrap">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>000-22490</b>
          </p>
        </td>
        <td valign="bottom" style="width: 3%; padding-bottom: 2.0px; text-align: center; padding-left: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            &#160;
          </p>
        </td>
        <td valign="bottom" style="width: 30%; border-bottom: solid black 1.0pt; padding-right: 0.0px; text-align: center; padding-left: 0.0px; white-space: nowrap">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>62-1120025</b>
          </p>
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="width: 34%; text-align: center; padding-left: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            (State or other jurisdiction of incorporation)
          </p>
        </td>
        <td valign="top" style="width: 3%; text-align: left; padding-left: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            &#160;
          </p>
        </td>
        <td valign="bottom" style="width: 30%; text-align: center; padding-left: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            (Commission File Number)
          </p>
        </td>
        <td valign="bottom" style="width: 3%; text-align: center; padding-left: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            &#160;
          </p>
        </td>
        <td valign="bottom" style="width: 30%; text-align: center; padding-left: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            (I.R.S. Employer
          </p>
          <p style="margin-top: 0px; margin-bottom: 0px">
            Identification No.)
          </p>
        </td>
      </tr>
    </table>
    </div>
    <div style="text-align:center">
    <table style="width: 100%; font-size: 10pt; margin-left:auto;margin-right:auto; font-family: Times New Roman; margin-bottom: 10.0px" cellspacing="0">
      <tr>
        <td valign="top" style="width: 48%; border-bottom: solid black 1.0pt; text-align: center; padding-left: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <font style="font-size: 10pt"><b>430 Airport Road</b></font><b><font style="font-size: 10pt"><br style="font-size: 10pt"></font><font style="font-size: 10pt">Greeneville,
            Tennessee</font></b>
          </p>
        </td>
        <td style="width: 4%">
          &#160;
        </td>
        <td valign="bottom" style="width: 48%; border-bottom: solid black 1.0pt; padding-right: 0.0px; text-align: center; padding-left: 0.0px; white-space: nowrap">
          <p style="margin-top: 0px; margin-bottom: 0px">
            37745
          </p>
        </td>
      </tr>
      <tr>
        <td valign="top" style="width: 48%; text-align: center; padding-left: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            (Address of principal executive offices)
          </p>
        </td>
        <td style="width: 4%">

        </td>
        <td valign="bottom" style="width: 48%; text-align: center; padding-left: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            (Zip Code)
          </p>
        </td>
      </tr>
    </table>
    </div>
    <p style="text-align: center">
      <br>
      <br>
      <br>
      <font style="font-size: 10pt">Registrant's telephone number, including
      area code: </font><font style="font-size: 10pt"><b>(423) 636-7000</b></font><br>
    </p>
<div style="text-align:left">
    <table style="width: 100%; font-size: 10pt; font-family: Times New Roman; margin-bottom: 10.0px" cellspacing="0">
      <tr>
        <td valign="top" style="border-bottom: solid black 1.0pt; text-align: center; padding-left: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <font style="font-size: 10pt">Not Applicable</font>
          </p>
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: center; padding-left: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <font style="font-size: 10pt">(Former name or former address, if
            changed since last report)</font>
          </p>
        </td>
      </tr>
    </table>
    </div>
    <p style="text-align: left">
      <br>
      <font style="font-family: Times New Roman; font-size: 10pt">Check the
      appropriate box below if the Form 8-K filing is intended to
      simultaneously satisfy the filing obligation of the registrant under any
      of the following provisions:</font>
    </p>
    <p>
      <font style="font-family: Arial Unicode MS; font-size: 10pt">&#8414;</font>
      <font style="font-family: Times New Roman; font-size: 10pt">Written
      communications pursuant to Rule 425 under the Securities Act (17 CFR
      230.425)</font><br><font style="font-family: Arial Unicode MS; font-size: 10pt">&#8414;</font>
      <font style="font-family: Times New Roman; font-size: 10pt">Soliciting
      material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
      240.14a-12)</font><br><font style="font-family: Arial Unicode MS; font-size: 10pt">&#8414;</font>
      <font style="font-family: Times New Roman; font-size: 10pt">Pre-commencement
      communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
      240.14d-2(b))</font><br><font style="font-family: Arial Unicode MS; font-size: 10pt">&#8414;</font>
      <font style="font-family: Times New Roman; font-size: 10pt">Pre-commencement
      communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
      240.13e-4(c))</font>
    </p>
    <div style="width: 100%; text-indent: 0pt; margin-left: 0pt; margin-right: 0pt; margin-bottom: 10pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>

    </p>
    <p style="text-align: justify">
      <b>SECTION 5. CORPORATE GOVERNANCE AND MANAGEMENT.</b>
    </p>
    <p>

    </p>
    <p style="text-align: justify">
      <b>Item 5.02. Departure of Directors or Certain Officers; Election of
      Directors; Appointment of Certain Officers; Compensatory Arrangements of
      Certain Officers.</b>
    </p>
    <p style="font-size: 10pt; text-indent: 30.0px; text-align: justify; font-family: Times New Roman">
      The Company&#8217;s Board of Directors has elected Ronald W. Allen to its
      Board of Directors, effective November 26, 2014.
    </p>
    <p style="font-size: 10pt; text-indent: 30.0px; text-align: justify; font-family: Times New Roman">
      Mr. Allen previously served as a director of Forward Air from 2011 to
      2013.&#160;&#160;Mr. Allen retired as the Chief Executive Officer of Aaron&#8217;s,
      Inc., a leading lease-to-own company for furniture, appliances and
      electronics, in September 2014.&#160;&#160;He served as the Chairman of Aaron&#8217;s,
      Inc.&#8217;s Board of Directors and as Aaron&#8217;s, Inc.&#8217;s President and Chief
      Executive Officer from November 2012 until April 2014.&#160;&#160;Before being
      elected as Chairman of the Board of Aaron&#8217;s Inc., Mr. Allen served as
      President and Chief Executive Officer of Aaron&#8217;s, Inc. from February
      2012 until November 2012, and as Interim President and Chief Executive
      Officer of Aaron&#8217;s, Inc. from November 2011 until February 2012.&#160;&#160;Mr.
      Allen retired as the Chairman of the Board, President and Chief
      Executive Officer of Delta Air Lines, Inc. (&#8220;Delta&#8221;) in July 1997. From
      July 1997 through July 2005, Mr. Allen was a consultant to and Advisory
      Director of Delta. Mr. Allen has been a Director of The Coca-Cola
      Company since 1991 and Aircastle Limited since 2006. He previously
      served as a Director of Interstate Hotels &amp; Resorts, Inc. from 2006 to
      2010 and Guided Therapeutics Inc. from 2008 to January 31, 2014.
    </p>
    <p style="font-size: 10pt; text-indent: 30.0px; text-align: justify; font-family: Times New Roman">
      On November 26, 2014, in connection with his appointment to the Board
      and pursuant to the Company&#8217;s Amended and Restated&#160;Non-Employee Director
      Stock Plan, the Company granted Mr. Allen 995 restricted shares of the
      Company&#8217;s common stock that will vest on November 26, 2015.
    </p>
    <p style="font-size: 10pt; text-indent: 30.0px; text-align: justify; font-family: Times New Roman">
      There are no arrangements or understandings between Mr. Allen and any
      other persons pursuant to which Mr. Allen was selected as a
      director.&#160;&#160;Mr. Allen will serve as a member of the Compensation
      Committee of the Board. There have been no transactions since the
      beginning of the Company&#8217;s last fiscal year, or any currently proposed
      transaction, in which the Company was or is to be a participant, in
      which the amount involved exceeds $120,000, and in which Mr. Allen has,
      or will have, a direct or indirect material interest. Mr. Allen does not
      have any family relationship with any director, executive officer or
      person nominated or chosen by the Company to become a director or an
      executive officer. The Board has determined that Mr. Allen is an
      independent director under applicable Nasdaq rules.
    </p>
    <p style="font-size: 10pt; text-indent: 30.0px; font-family: Times New Roman">
      <br>
      <br>
      <br>

    </p>
    <p style="font-size: 10pt; text-indent: 30.0px; font-family: Times New Roman">

    </p>
    <p style="white-space: nowrap">
      <b>SECTION 9.&#160;&#160;FINANCIAL STATEMENTS AND EXHIBITS.</b>
    </p>
    <p>
      <b>Item 9.01.&#160; Financial Statements and Exhibits.</b>
    </p>
    <p>
      (d) Exhibits. The following exhibit is being furnished as part of this
      Report.
    </p>
    <p>

    </p>
<div style="text-align:left">
    <table style="width: 100%; font-size: 10pt; font-family: Times New Roman; margin-bottom: 10.0px" cellspacing="0">
      <tr>
        <td valign="top" style="width: 10%; border-bottom: solid black 1.0pt; text-align: left; padding-left: 0.0px">
          <b>No.</b>
        </td>
        <td rowspan="2" valign="top" style="width: 2%; padding-bottom: 2.0px; text-align: left; padding-left: 0.0px">
          &#160;
        </td>
        <td valign="top" style="width: 88%; border-bottom: solid black 1.0pt; text-align: left; padding-left: 0.0px">
          <b>Exhibit</b>
        </td>
      </tr>
      <tr>
        <td valign="top" style="width: 10%; padding-right: 0.0px; text-align: left; padding-left: 0.0px; white-space: nowrap">
          99.1
        </td>
        <td valign="top" style="width: 88%; text-align: left; padding-left: 0.0px">
          Press Release of Forward Air Corporation dated November 26, 2014
        </td>
      </tr>
    </table>
    </div>
    <p>

    </p>
    <div style="width: 100%; text-indent: 0pt; margin-left: 0pt; margin-right: 0pt; margin-bottom: 10pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="font-size: 10pt; text-align: center; font-family: Times New Roman">
          2
        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>

    </p>
    <p style="text-align: center">
      <font style="font-family: Times New Roman; font-size: 10pt"><b>SIGNATURES</b></font>
    </p>
    <p style="font-size: 10pt; text-indent: 30.0px; font-family: Times New Roman">
      Pursuant to the requirements of the Securities Exchange Act of 1934, the
      registrant has duly caused this report to be signed on its behalf by the
      undersigned hereunto duly authorized.
    </p>
    <p style="text-indent: 60.0px">
      <font style="font-family: Times New Roman; font-size: 10pt">.</font>
    </p>
<div style="text-align:left">
    <table style="width: 100%; font-size: 10pt; font-family: Times New Roman; margin-bottom: 10.0px" cellspacing="0">
      <tr>
        <td style="width: 5%">

        </td>
        <td style="width: 37%">

        </td>
        <td valign="top" colspan="2" style="text-align: left; padding-left: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <font style="font-size: 10pt">FORWARD AIR CORPORATION</font>
          </p>
        </td>
      </tr>
      <tr>
        <td style="width: 5%">

        </td>
        <td style="width: 37%">

        </td>
        <td style="width: 8%">

        </td>
        <td valign="top" style="width: 50%; text-align: left; padding-left: 0.0px">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="width: 5%">

        </td>
        <td style="width: 37%">

        </td>
        <td style="width: 8%">

        </td>
        <td valign="top" style="width: 50%; text-align: left; padding-left: 0.0px">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="width: 5%">

        </td>
        <td style="width: 37%">

        </td>
        <td style="width: 8%">

        </td>
        <td valign="top" style="width: 50%; text-align: left; padding-left: 0.0px">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="width: 5%; padding-bottom: 2.0px; text-align: left; padding-left: 0.0px">
          Date:
        </td>
        <td valign="top" style="width: 37%; padding-bottom: 2.0px; text-align: left; padding-left: 0.0px">
          November 26, 2014
        </td>
        <td valign="top" style="width: 8%; padding-bottom: 2.0px; text-align: left; padding-left: 0.0px">
          By:
        </td>
        <td valign="top" style="width: 50%; border-bottom: solid black 1.0pt; text-align: left; padding-left: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            &#160;&#160;&#160;/s/&#160;Rodney L. Bell
          </p>
        </td>
      </tr>
      <tr>
        <td style="width: 5%">

        </td>
        <td style="width: 37%">

        </td>
        <td style="width: 8%">

        </td>
        <td valign="top" style="width: 50%; text-align: left; padding-left: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            Rodney L. Bell
          </p>
        </td>
      </tr>
      <tr>
        <td style="width: 5%">

        </td>
        <td style="width: 37%">

        </td>
        <td style="width: 8%">

        </td>
        <td valign="top" style="width: 50%; text-align: left; padding-left: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            Senior Vice President, Chief Financial
          </p>
          <p style="margin-top: 0px; margin-bottom: 0px">
            Officer and Treasurer
          </p>
        </td>
      </tr>
    </table>
    </div>
    <p>

    </p>
    <div style="width: 100%; text-indent: 0pt; margin-left: 0pt; margin-right: 0pt; margin-bottom: 10pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="font-size: 10pt; text-align: center; font-family: Times New Roman">
          3
        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>

    </p>
    <p style="text-align: center">
      <b>EXHIBIT INDEX</b>
    </p>
<div style="text-align:left">
    <table style="width: 100%; font-size: 10pt; font-family: Times New Roman; margin-bottom: 10.0px" cellspacing="0">
      <tr>
        <td valign="top" style="width: 10%; border-bottom: solid black 1.0pt; text-align: left; padding-left: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>No.</b>
          </p>
        </td>
        <td valign="top" style="width: 2%; padding-bottom: 2.0px; text-align: left; padding-left: 0.0px">
          &#160;
        </td>
        <td valign="top" style="width: 88%; border-bottom: solid black 1.0pt; text-align: left; padding-left: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Exhibit</b>
          </p>
        </td>
      </tr>
      <tr>
        <td valign="top" style="width: 10%; padding-right: 0.0px; text-align: left; padding-left: 0.0px; white-space: nowrap">
          <p style="margin-top: 0px; margin-bottom: 0px">
            99.1
          </p>
        </td>
        <td style="width: 2%">

        </td>
        <td valign="top" style="width: 88%; text-align: left; padding-left: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            Press Release of Forward Air Corporation dated November 26, 2014
          </p>
        </td>
      </tr>
    </table>
    </div>
    <p style="text-align: left">

    </p>
    <p style="text-align: center">
      4
    </p>
  </body>
</html>
<!--<!DOCTYPE html
     PUBLIC "-//W3C//DTD XHTML 1.0 Strict//EN"
     "http://www.w3.org/TR/xhtml1/DTD/xhtml1-strict.dtd">-->
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>a50992018ex99_1.htm
<DESCRIPTION>EXHIBIT 99.1
<TEXT>
<html>
  <head>
    <title></title>
<!--Copyright 2014 Business Wire, a Berkshire Hathaway company.-->
<!--All rights reserved www.businesswire.com-->
  </head>
  <body style="font-size: 8pt; font-family: Times New Roman">
    <p style="text-align: right">
      <b>Exhibit 99.1</b>
    </p>
    <p style="text-align: center">
      <font style="font-family: Times New Roman; font-size: 12pt"><b>Forward
      Air Corporation Announces Election of Ronald W. Allen as New Independent
      Director</b></font>
    </p>
    <p>
      GREENEVILLE, Tenn.--(BUSINESS WIRE)--November 26, 2014--Forward Air
      Corporation (NASDAQ:FWRD) has elected Ronald W. Allen as a
      non-management director of its Board of Directors. The Company&#8217;s Board
      now consists of nine members, eight of whom are non-management directors.
    </p>
    <p>
      Mr. Allen previously served as a director of Forward Air from 2011 to
      2013. Mr. Allen retired as the Chief Executive Officer of Aaron&#8217;s, Inc.,
      a leading lease-to-own company for furniture, appliances and
      electronics, in September 2014. He served as the Chairman of Aaron&#8217;s,
      Inc.&#8217;s Board of Directors and as Aaron&#8217;s, Inc.&#8217;s President and Chief
      Executive Officer from November 2012 until April 2014. Before being
      elected as Chairman of the Board of Aaron&#8217;s Inc., Mr. Allen served as
      President and Chief Executive Officer of Aaron&#8217;s, Inc. from February
      2012 until November 2012, and as Interim President and Chief Executive
      Officer of Aaron&#8217;s, Inc. from November 2011 until February 2012. Mr.
      Allen retired as the Chairman of the Board, President and Chief
      Executive Officer of Delta Air Lines, Inc. (&#8220;Delta&#8221;) in July 1997. From
      July 1997 through July 2005, Mr. Allen was a consultant to and Advisory
      Director of Delta. Mr. Allen has been a Director of The Coca-Cola
      Company since 1991 and Aircastle Limited since 2006. He previously
      served as a Director of Interstate Hotels &amp; Resorts, Inc. from 2006 to
      2010 and Guided Therapeutics Inc. from 2008 to January 31, 2014.
    </p>
    <p>
      Bruce A. Campbell, Chairman, President and CEO of the Company,
      commented, &#8220;Ron has extraordinary business expertise, and we are
      delighted to welcome him back to service on our Board of Directors. He
      will be a great addition to our Board.&#8221;
    </p>
    <p>
      <b>About Forward Air</b>
    </p>
    <p>
      Forward Air Corporation&#160;operates three business segments,&#160;Forward Air,
      Inc.,&#160;Forward Air Solutions, Inc.&#160;and&#160;Total Quality, Inc.
    </p>
    <p>
      Forward Air, Inc. is a leading provider of time-definite surface
      transportation and related logistics services to the North American
      expedited ground freight market. We offer our customers local pick-up
      and delivery (Forward Air Complete<sup>SM</sup>) and scheduled surface
      transportation of cargo as a cost-effective, reliable alternative to air
      transportation. We transport cargo that must be delivered at a specific
      time but is relatively less time-sensitive than traditional air freight
      or when air transportation is not economical. We also offer our
      customers an array of logistics and other services including: expedited
      full truckload (TLX); intermodal/drayage (Central States Trucking Co.);
      dedicated fleets; warehousing; customs brokerage; and shipment
      consolidation, deconsolidation and handling.
    </p>
    <p>
      Forward Air Solutions, Inc. is a provider of pool distribution services.
      Pool distribution involves the consolidation and shipment of several
      smaller less-than-truckload shipments to a common area or region. Once
      at the regional destination, the loads are deconsolidated, then grouped
      with other shipments with common delivery points, and delivered in a
      very precise, time-sensitive manner. Our pool distribution network
      consists of 24 terminals within the mid-Atlantic, Southeast, Midwest and
      Southwestern United States.
    </p>
    <p>
      Total Quality, Inc. utilizes industry-leading temperature-controlled
      equipment, 24-hour monitoring and tracking technology and layered
      security features to provide our customers with the highest level of
      service. In addition to our core pharmaceutical services, we provide
      brokerage transportation services. Headquartered in central Michigan, we
      service the United States, Canada and Mexico.
    </p>
    <div style="width: 100%; text-indent: 0pt; margin-left: 0pt; margin-right: 0pt; margin-bottom: 10pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>
      <b>Important Information</b>
    </p>
    <p>
      This press release contains &#8220;forward-looking statements,&#8221; as defined in
      Section&#160;27A of the Securities Act of 1933, as amended, and Section&#160;21E
      of the Securities Exchange Act of 1934, as amended. Forward-looking
      statements are statements other than historical information or
      statements of current condition and relate to future events or our
      future financial performance. Some forward-looking statements may be
      identified by use of such terms as &#8220;believes,&#8221; &#8220;anticipates,&#8221; &#8220;intends,&#8221;
      &#8220;plans,&#8221; &#8220;estimates,&#8221; &#8220;projects&#8221; or &#8220;expects.&#8221; Such forward-looking
      statements involve known and unknown risks, uncertainties and other
      factors that may cause our actual results, performance or achievements
      to be materially different from any future results, performance or
      achievements expressed or implied by such forward-looking statements.
      The following is a list of factors, among others, that could cause
      actual results to differ materially from those contemplated by the
      forward-looking statements: economic factors such as recessions,
      inflation, higher interest rates and downturns in customer business
      cycles, our inability to maintain our historical growth rate because of
      a decreased volume of freight moving through our network or decreased
      average revenue per pound of freight moving through our network,
      increasing competition and pricing pressure, surplus inventories, loss
      of a major customer, the creditworthiness of our customers and their
      ability to pay for services rendered, our ability to secure terminal
      facilities in desirable locations at reasonable rates, the inability of
      our information systems to handle an increased volume of freight moving
      through our network, changes in fuel prices, claims for property damage,
      personal injuries or workers&#8217; compensation, employment matters including
      rising health care costs, enforcement of and changes in governmental
      regulations, environmental and tax matters, the handling of hazardous
      materials, the availability and compensation of qualified independent
      owner-operators and freight handlers needed to serve our transportation
      needs and our inability to successfully integrate acquisitions. As a
      result of the foregoing, no assurance can be given as to future
      financial condition, cash flows or results of operations. We undertake
      no obligation to update or revise any forward-looking statements,
      whether as a result of new information, future events or otherwise.
    </p>
    <p>
      CONTACT:<br>Forward Air Corporation<br>Rodney L. Bell, 423-636-7000<br><u>rbell@forwardair.com</u>
    </p>
  </body>
</html>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
