activist investors
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News
Forward Air advances final-mile strategy, adds 11 locations
Forward Air’s growth plans net 11 new final-mile terminal locations in the first quarter. While recent activist shareholder interests called into question the company’s capital…
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News
Investor activism alters 5 seats on Forward Air board
Activist investor Ancora Advisors gains two seats on Forward Air’s board and endorses three others. The company’s former CFO has been brought on in a…
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News
Activists claim ‘substandard’ results, ‘disingenuous’ disclosure by Forward Air
The activist investor group seeking changes at Forward Air said the company’s recent results and guidance are “substandard” in a letter to shareholders. The group…
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News
Forward Air doubles down amid heightened interest from activists
Amid heightened scrutiny over the direction of the company, Forward Air’s management team defends its current strategy. Fourth-quarter results were negatively impacted by a December…
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News
Activist investors seek 4 seats on Forward Air board
An open letter from activist investor Ancora Advisors says “ineffective capital allocation” and diversification into “margin- and return-dilutive service offerings” have led to inferior results…
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