Forward Air operates one of the largest networks of surface transportation for deferred air freight. The company provides scheduled surface transportation through a network of more than 80 terminals located on or near airports in the United States and Canada, including a central sorting facility in Columbus, Ohio, several regional hubs and direct shuttles. Forward Air provides these services as alternatives to air transportation of shipments that must be delivered at a specific time but is less time-sensitive than traditional air freight. The company experienced rapid growth in revenue from $63.6 million in 1995 to $214.9 million in 2000, a 28 percent compounded annual rate and in operating income from $6.4 million to $37.2 million over the same period, a 42 percent compounded annual rate. Headquartered in Greenville, Tenn., Forward Air is a subsidiary company of the Forward Air Corporation.