Forward Air takes step in right direction in Q2
Forward Air reported its best quarterly performance since its early 2024 acquisition of Omni Logistics.
Forward Air reported its best quarterly performance since its early 2024 acquisition of Omni Logistics.
Forward Air announced Tuesday that it will keep at least half of an account representing 10% of its annual revenue.
The fastest way for Amazon to add a premium expedited tier to its new national LTL network is to buy the one carrier already built for it — and already on the auction block Amazon (NASDAQ: AMZN) opened its less-than-truckload network to all businesses this week, and the market reaction was muted. Shares of the […]
Forward Air’s stock was off more than 40% on Friday after it said it may lose a large customer and that a take-private bid for its entire enterprise had failed to materialize.
Shares of Forward Air moved sharply lower on Wednesday after a stock market news site reported a full-company sale is “unlikely.”
Forward Air said it is “nearing the conclusion” of a strategic review, which investors called for following the company’s controversial merger with Omni Logistics.
FedEx Freight has its first rating from a credit agency and it’s less than FedEx.
Activist investment firm Ancora Alternatives has led five separate change campaigns in the transportation industry and sees further opportunity to shake up the space.
Large carriers didn’t have the appetite for big M&A in 2025, instead focusing on cost cutting and doing more with less.
Management at Forward Air announced on Wednesday, in conjunction with its quarterly report, that a strategic review, which could include the sale of the company, remains ongoing.
Forward Air’s stock fell sharply on Monday following a report that it hasn’t yet received a satisfactory takeover offer.
A second round of buyout bids for Forward Air are due next month, according to an M&A blog.
Forward Air’s second quarter came in slightly ahead of analysts’ EBITDA expectations as investors await an update on a strategic review process that could result in the company changing hands.
Several private equity firms have submitted bids to acquire Forward Air, according to a Reuters report.
Forward Air announced the departure of three board members following a push from activist investor Ancora Holdings Group.
Activist investor Ancora said an independent proxy adviser is backing its plea to Forward Air shareholders to vote against three legacy directors who served during the ill-conceived Omni Logistics acquisition.
Activist investor Ancora is doubling down on efforts at Forward Air to shake up the board and force the company to sell.
Forward Air’s first-quarter update provides investors with little insight into an ongoing strategic review of the company.
Activist investor Ancora Holdings Group is asking Forward Air’s shareholders to vote against three board members at the upcoming annual meeting.
Forward Air is seeking shareholder approval to reincorporate in Delaware, where it may be easier to sell the company or seek other strategic alternatives.