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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): December 13, 2000
(December 3, 2000)
FORWARD AIR CORPORATION
(Exact name of registrant as specified in its charter)
TENNESSEE 000-22490 62-1120025
(State or other jurisdiction of (Commission File Number) (IRS Employer
incorporation or organization) Identification No.)
430 AIRPORT ROAD
GREENEVILLE, TENNESSEE 37745
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (423) 636-7100
N/A
(Former name or former address if changed since last report)
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ITEM 5. OTHER EVENTS
On December 3, 2000, Forward Air, Inc. ("Forward Air"), a wholly-owned
subsidiary of Forward Air Corporation, purchased the assets of Dedicated
Transportation Services, Inc. ("DTSI") from SouthTrust Bank ("SouthTrust"). The
DTSI assets were sold following default by DTSI affiliate Professional
Transportation Group, Ltd., Inc. on secured loans with SouthTrust.
DTSI was a leading contractor to the air cargo industry providing both
truckload and less than truckload surface transportation to its nationwide
customer base. DTSI operated a national network comprised of company locations
and agent locations serving 70 U.S. markets. The air freight operations of DTSI
are being integrated into the operations of Forward Air.
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ITEM 7(C) EXHIBITS
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99.1 Press Release dated December 4, 2000
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Signatures
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.
FORWARD AIR CORPORATION
Date: December 13, 2000 By: /s/ Bruce A. Campbell
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Bruce A. Campbell
President
