Forward Air shows high debt and goodwill impairment as interest costs exceed earnings following the Omni acquisition. See why FWRD stock is downgraded to sell.
"Asset-light" transportation services provider Forward Air (NASDAQ: FWRD) stock came in light on earnings last night, and its stock is suffering -- down 6.8% through 10:05 a.m. ET Thursday morning.
[Stay on top of transportation news: Get TTNews in your inbox.] Forward Air Corp. grew earnings, despite a decrease in revenue, amid ongoing efforts to improve second-quarter operations and finances, ...
Management expects continued benefits from pricing adjustments in the Expedited Freight segment, forecasting full impact by Q2 2025. The company plans to leverage the current network’s capacity for ...
Forward Air Corp. remained focused on stabilizing its operations in the aftermath of a major acquisition and change in direction leading up to the fourth quarter of 2024, the company reported Feb. 26.
Long-suffering shareholders of Forward Air (NASDAQ: FWRD) got a boost in June following reports that an activist investor is building a stake in the transportation and logistics company. Shares of ...
In recent months, I have been expanding coverage in the freight and logistics industry and with this report, I am adding Forward Air to my coverage list. My main areas of coverage are aerospace & ...
Forward Air (CCJ Top 250, No. 31) continues to feel the pressure from major shareholders who are disappointed with its acquisition of logistics service provider Omni Logistics. Alta Fox Capital ...
This press release contains “forward-looking statements” within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements can ...
It has been a tough year for Forward Air (NASDAQ: FWRD) investors, but the company's latest results provide some evidence that the company is finally moving in the right direction. Investors are ...