MEDIUMBuilt-inProduct / Revenue mix
50%
Omni Logistics segment
“10-K Item 1: 'During the year ended December 31, 2025, Omni accounted for approximately 50% of our consolidated revenue'”
FWRD · Concentration risk · 10-K extracted
Forward Air (FWRD) concentration risks
Updated
The most significant concentration Forward Air discloses is Omni Logistics segment at 50%, classified MEDIUM by disclosed size. Below: the full set from the latest 10-K — verbatim quotes, filing references, and a synthesis of what these exposures mean together.
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.
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Source: Forward Air’s SEC Form 10-K filed — view the filing on SEC EDGAR ↗
At a glance
Disclosed-size breakdown · 2 disclosed concentrations
HIGH0
MEDIUM2
LOW0
Disclosed concentrations
Each card carries a disclosed-size chip (HIGH / MEDIUM / LOW — how large the exposure is as a share of revenue, not how dangerous it is) and a nature tag: Built-in(the company’s own model, geography, or products) or Outside party (an external customer, supplier, or distributor it relies on).
MEDIUMOutside partySupplier
Leased Capacity Providers
“10-K Item 1: 'The majority of the transportation capacity utilized by Expedited Freight is provided by Leased Capacity Providers, with whom we seek to establish long-term relationships'”
TrendMatrix Research · concentration synthesis
What these concentrations mean together
updated 2026-07-12Forward Air's concentration exposures are both medium-share and reflect two different dimensions of the business. The Omni Logistics segment accounted for approximately 50% of consolidated revenue during the year ended December 31, 2025, a medium-share structural concentration showing how central that segment has become to the overall business mix. Separately, the majority of transportation capacity used by the Expedited Freight business is provided by Leased Capacity Providers, with whom the company seeks to establish long-term relationships, a medium-share dependency on that group of capacity providers. These two exposures sit in different parts of the business — one describes where revenue comes from (Omni Logistics), the other describes an operational input the Expedited Freight side relies on (leased capacity) — so they are not directly additive, but together they paint a picture of a company with meaningful concentration on both the revenue and operating-capacity sides. The Omni Logistics concentration is structural and would only shift gradually with segment mix changes, while the Leased Capacity Providers dependency is more relationship-based and could be affected more quickly if key capacity relationships changed, making it the exposure more capable of moving results in the near term.
For the engine’s reasoning on FWRD’s current verdict — including which dimensions drove the score — see the per-dimension breakdown.
Industry peers · Integrated Freight & Logistics
Peer concentration profile
| Symbol | Name | HIGH | MEDIUM | LOW | Total |
|---|---|---|---|---|---|
| CYRX | CryoPort, Inc. | 2 | 0 | 1 | 3 |
| FWRD● | Forward Air Corporation | 0 | 2 | 0 | 2 |
| CHRW | C.H. Robinson Worldwide, Inc. | 0 | 1 | 0 | 1 |
| EXPD | Expeditors International of Was | 0 | 0 | 1 | 1 |
| GXO | GXO Logistics, Inc. | 0 | 0 | 1 | 1 |
| FDX | FedEx Corporation | 0 | 0 | 0 | 0 |
Concentration counts reflect items disclosed in each peer’s most recent 10-K; disclosed-size classification uses TrendMatrix’s internal 10-K extraction taxonomy.