Omni Logistics Delivers Speed, Accuracy, and Cost Control for High-Volume Auto Replenishment
FWRDGREENEVILLE, Tenn.--(BUSINESS WIRE)--Forward Air Corporation (NASDAQ: FWRD) (“we,” “us,” “our,” the “Company” or “Forward Air”) announced today that it is executing a nationwide automotive replenishment as a single end-to-end logistics partner via Omni Logistics (a Forward Air company). To execute the replenishment, a renowned global automaker sought a provider capable of picking up new parts from the manufacturing facility, storing the parts in a warehouse, and handling delivery to dealerships
Forward Air Corporation Reports Second Quarter 2025 Results
FWRDGREENEVILLE, Tenn.--(BUSINESS WIRE)--Forward Air Corporation (NASDAQ:FWRD) (the “Company”, “we”, “our”, or “us”) today reported financial results for the three months ended June 30, 2025, as presented in the tables below. “We posted yet another solid quarter; even in this challenging environment, our team continues to deliver,” said Shawn Stewart, Chief Executive Officer. “Operationally, we remained focused on the customer and executed well in our linehaul and terminal operations. By tightly ma
Forward Air and Omni Logistics Recognized for Exceptional Service, Performance, and Partnership
FWRDGREENEVILLE, Tenn.--(BUSINESS WIRE)--Forward Air Corporation (NASDAQ: FWRD) (“Forward Air” or the “Company”) today announced several awards highlighting the Company’s exceptional customer service, operational excellence, and strong commitment to its partners. These honors emphasize the impact Forward Air has on the industry and the value the Company continues to deliver to its customers. Omni Logistics (a Forward Air company) has been named the 2024 International and Domestic Forwarder of the Y
Ancora Highlights That A Majority Of Unaffiliated Shareholders Voted Against The Reelection Of Chairman George Mayes, Jr., Director Javier Polit And Director Laurie Tucker; Urges Value-Maximizing Sale
FWRDAncora Comments on Clear Mandate from Forward Air Shareholders That a Well-Run Sale Process is Urgently Needed
FWRDCLEVELAND--(BUSINESS WIRE)--Ancora Holdings Group, LLC (together with its affiliates, “Ancora” or “we”), a significant shareholder of Forward Air Corporation (NASDAQ: FWRD) (“Forward Air” or the “Company”), today issued the following statement regarding the announced voting results of the Company’s 2025 Annual Meeting of Shareholders. “This vote is a clear mandate that shareholders expect Forward Air to expeditiously complete a credible strategic review that leads to a sale at a meaningful prem
Ancora Comments on Clear Mandate from Forward Air Shareholders That a Well-Run Sale Process is Urgently Needed
FWRDCLEVELAND--(BUSINESS WIRE)--Ancora Holdings Group, LLC (together with its affiliates, “Ancora” or “we”), a significant shareholder of Forward Air Corporation (NASDAQ: FWRD) (“Forward Air” or the “Company”), today issued the following statement regarding the announced voting results of the Company’s 2025 Annual Meeting of Shareholders. “This vote is a clear mandate that shareholders expect Forward Air to expeditiously complete a credible strategic review that leads to a sale at a meaningful prem
Forward Air Corporation Announces Results of 2025 Annual Meeting and Board Changes
FWRDGREENEVILLE, Tenn.--(BUSINESS WIRE)--Forward Air Corporation (NASDAQ:FWRD) (the “Company”, “Forward Air”, “we”, “our”, or “us”) today announced changes to its Board of Directors following the Company’s 2025 Annual Meeting of Shareholders. Under the Company’s Corporate Governance Guidelines, the Forward Air Board of Directors has accepted the resignation of George Mayes, effective immediately. While Javier Polit and Laurie Tucker received the support of a majority of the votes cast by shareholde
Forward Air Corporation Announces Results of 2025 Annual Meeting and Board Changes
FWRDGREENEVILLE, Tenn.--(BUSINESS WIRE)--Forward Air Corporation (NASDAQ:FWRD) (the “Company”, “Forward Air”, “we”, “our”, or “us”) today announced changes to its Board of Directors following the Company’s 2025 Annual Meeting of Shareholders. Under the Company’s Corporate Governance Guidelines, the Forward Air Board of Directors has accepted the resignation of George Mayes, effective immediately. While Javier Polit and Laurie Tucker received the support of a majority of the votes cast by shareholde
Both ISS And Glass Lewis Urge Forward Air Shareholders To Vote Against Chairman George Mayes Jr., Directors Javier Polit And Laurie Tucker, Citing Poor Oversight Of Omni Deal And Lack Of Value-Enhancing Contributions
FWRDForward Air Q1 GAAP EPS $(1.68) Misses $(0.55) Estimate, Sales $613.28M Miss $624.85M Estimate
FWRDAncora Issues Letter To Forward Air Shareholders To Vote Against Three Current Board Members
FWRDForecasting The Future: 4 Analyst Projections For Forward Air
FWRDStifel Maintains Hold on Forward Air, Lowers Price Target to $22
FWRDForward Air Estimates Q1 Consolidated EBITDA $54M-$59M; Estimates That Between 10%-15% Of 2024 Revenues Would Have Been Impacted By Recently Announced Tariffs
FWRDSusquehanna Maintains Positive on Forward Air, Lowers Price Target to $32
FWRDBaird Maintains Neutral on Forward Air, Lowers Price Target to $28
FWRDForward Air Q4 EPS $(1.23) Misses $(0.01) Estimate, Sales $632.85M Miss $667.40M Estimate
FWRDForward Air Expect FY 2024 Consolidated EBITDA guidance to be $300M-$310M.
FWRDForward Air Q3 2024 Adj. EPS $(1.32) Misses $(0.16) Estimate, Sales $655.937M Beat $655.799M Estimate
FWRDForward Air Appoints Jamie G. Pierson As Interim CFO, Effective May 20, 2024; Rebecca Garbrick Departs Company
FWRDForward Air Provides Mid-Quarter Update On Third Quarter 2022 Performance
FWRDStifel Upgrades Forward Air to Buy, Raises Price Target to $136
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