Forward Air’s board will undertake a review of the asset-light transportation and logistics services provider’s strategic alternatives, including a sale of the company and other options.
Four activist investors representing 25 percent of Forward's shares have publicly called on the company to explore strategic alternatives.
Forward Air said Monday its board has initiated a strategic review, which potentially includes selling the company or entering a merger agreement. The update comes after months of public criticism ...
Forward Air has felt pressure from shareholders since its clumsy acquisition of logistics service provider Omni Logistics ...
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Photo: Shutterstock US transport company Forward Air is considering a potential sale or merger as part of a review of its financial performance and value. The Forward Air board of directors will ...
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