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Forward Air Corporation Issues Statement

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Forward Air (NASDAQ:FWRD) has issued a statement acknowledging the perspectives of its shareholders. The company has recently undergone a significant transformation, including refreshing its Board and management team. Forward Air is focused on continuing to provide industry-leading service and executing its strategic plan with a renewed emphasis on continuous improvement, transparency, and accountability.

The refreshed Board and management team are actively analyzing the business and strategy to ensure the company pursues the best path forward to enhance shareholder value. Forward Air describes itself as a leading asset-light provider of transportation services across the United States, Canada, and Mexico, offering a range of services including expedited less-than-truckload, truckload brokerage, and intermodal solutions.

Forward Air (NASDAQ:FWRD) ha rilasciato una dichiarazione riconoscendo le prospettive dei suoi azionisti. L'azienda ha recentemente subito una trasformazione significativa, inclusa una ristrutturazione del Consiglio e del team di gestione. Forward Air si concentra nel continuare a fornire un servizio leader nel settore e nell'esecuzione del suo piano strategico con un rinnovato impegno per il miglioramento continuo, la trasparenza e la responsabilità.

Il Consiglio e il team di gestione rinnovati stanno analizzando attivamente l'attività e la strategia per garantire che l'azienda segua il miglior percorso possibile per incrementare il valore per gli azionisti. Forward Air si descrive come un fornitore leader di servizi di trasporto a bassa intensità di capitale negli Stati Uniti, in Canada e in Messico, offrendo una gamma di servizi tra cui spedizioni accelerate, brokerage per carichi completi e soluzioni intermodali.

Forward Air (NASDAQ:FWRD) ha emitido un comunicado reconociendo las perspectivas de sus accionistas. La empresa ha pasado recientemente por una transformación significativa, que incluye la renovación de su Junta y equipo de gestión. Forward Air se enfoca en seguir ofreciendo un servicio líder en la industria y ejecutar su plan estratégico con un renovado énfasis en la mejora continua, la transparencia y la responsabilidad.

La Junta y el equipo de gestión renovados están analizando activamente el negocio y la estrategia para asegurarse de que la empresa siga el mejor camino para incrementar el valor para los accionistas. Forward Air se describe a sí misma como un proveedor líder de servicios de transporte liviano en Estados Unidos, Canadá y México, ofreciendo una gama de servicios que incluyen menos que carga completa expeditiva, intermediación de carga y soluciones intermodales.

포워드 에어(Forward Air) (NASDAQ:FWRD)는 주주들의 관점을 인정하는 성명을 발표했습니다. 이 회사는 최근 이사회 및 경영진의 새로 고침을 포함하여 상당한 변화를 겪었습니다. 포워드 에어는 업계 최고의 서비스를 지속적으로 제공하는 데 집중하고 있습니다하며, 전략 계획을 실행하는 데 있어 지속적인 개선, 투명성 및 책임에 대한 새롭게 다짐하고 있습니다.

새로운 이사회와 경영진은 비즈니스 및 전략을 적극 분석하고 있습니다 회사가 주주 가치를 높이는 최선의 경로를 선택할 수 있도록 보장하고 있습니다. 포워드 에어는 미국, 캐나다 및 멕시코 전역에서 경량 자산 제공업체의 선두주자로 자신을 설명하며, 소형 및 대형 트럭 화물 운송, 화물 중개 및 다중 모드 솔루션 등 다양한 서비스를 제공합니다.

Forward Air (NASDAQ:FWRD) a publié une déclaration reconnaissant les perspectives de ses actionnaires. L'entreprise a récemment subi une transformation importante, y compris le renouvellement de son Conseil et de son équipe de direction. Forward Air se concentre sur la poursuite d'un service de premier plan dans l'industrie et l'exécution de son plan stratégique avec un nouvel accent sur l'amélioration continue, la transparence et la responsabilité.

Le Conseil et l'équipe de direction rafraîchis analysent activement l'entreprise et la stratégie pour garantir que l'entreprise suit la meilleure voie pour augmenter la valeur pour les actionnaires. Forward Air se décrit comme un fournisseur leader de services de transport léger aux États-Unis, au Canada et au Mexique, offrant une gamme de services comprenant des envois accélérés de moins que camion, courtage de chargement et solutions intermodales.

Forward Air (NASDAQ:FWRD) hat eine Erklärung abgegeben, in der die Perspektiven seiner Aktionäre anerkannt werden. Das Unternehmen hat kürzlich eine bedeutende Transformation durchlaufen, einschließlich der Auffrischung seines Vorstands und Managementteams. Forward Air konzentriert sich auf die Bereitstellung eines branchenführenden Services und die Umsetzung seines strategischen Plans mit einem erneuerten Schwerpunkt auf kontinuierlicher Verbesserung, Transparenz und Verantwortung.

Der erneuerte Vorstand und das Managementteam analysieren aktiv das Geschäft und die Strategie, um sicherzustellen, dass das Unternehmen den besten Weg geht, um den Aktionärswert zu steigern. Forward Air beschreibt sich als führender Anbieter von leichtgewichtigen Transportdiensten in den Vereinigten Staaten, Kanada und Mexiko und bietet eine Reihe von Dienstleistungen an, darunter beschleunigte Teilladungen, Lkw-Brokerage und intermodale Lösungen.

Positive
  • Refreshed Board and management team
  • Focus on executing strategic plan with emphasis on improvement and transparency
  • Active analysis of business and strategy to enhance shareholder value
Negative
  • None.

GREENEVILLE, Tenn.--(BUSINESS WIRE)-- Forward Air Corporation (NASDAQ:FWRD) (the “Company”) today issued the following statement:

The Forward Air Board of Directors and management acknowledge and value the perspectives of the Company’s shareholders. The Company has recently undergone a significant transformation, including substantially refreshing its Board and management team, and is focused on continuing to provide industry leading service and executing its strategic plan with a renewed sense of continuous improvement, transparency and accountability. The refreshed Board and management team are actively analyzing the business and strategy to ensure the Company pursues the best path forward to enhance shareholder value.

Forward Air Corporation

Forward Air is a leading asset-light provider of transportation services across the United States, Canada and Mexico. We provide expedited less-than-truckload services, including local pick-up and delivery, shipment consolidation/deconsolidation, warehousing, and customs brokerage by utilizing a comprehensive national network of terminals. In addition, we offer truckload brokerage services, including dedicated fleet services, and intermodal, first- and last-mile, high-value drayage services, both to and from seaports and railheads, dedicated contract and Container Freight Station warehouse and handling services. Forward also operates a full portfolio of multimodal solutions, both domestically and internationally, via Omni Logistics. Omni Logistics is a global provider of air, ocean and ground services for mission-critical freight. We are more than a transportation company. Forward is a single resource for your shipping needs. For more information, visit our website at www.forwardaircorp.com.

Note Regarding Forward-Looking Statements

This press release may contain statements that might be considered as forward-looking statements. Forward-looking statements can be identified by words such as: “anticipate”, “expect”, “intend”, “plan”, “goal”, “target”, “project”, “believe”, “may”, “should”, “will”, “aim”, “would”, “seek”, “estimate”, “strategy”, “future”, “likely” and similar references to future periods. Such statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and are based on management’s belief or interpretation of information currently available. These statements and assumptions involve certain risks and uncertainties including the Company’s expectations regarding the appointment of senior management positions. Actual events may also differ from these expectations as a result of the risks identified from time to time in our filings with the Securities and Exchange Commission. You should consider the forward-looking statements contained herein in light of such risks. We assume no duty to update these statements as of any future date.

Justin Moss

(404) 362-8933

jmoss@forwardair.com

Source: Forward Air Corporation

FAQ

What recent changes has Forward Air (FWRD) undergone?

Forward Air has recently undergone a significant transformation, including substantially refreshing its Board and management team.

What is Forward Air 's (FWRD) current focus according to the statement?

Forward Air is focused on continuing to provide industry-leading service and executing its strategic plan with a renewed sense of continuous improvement, transparency, and accountability.

How is Forward Air (FWRD) addressing shareholder value?

The refreshed Board and management team are actively analyzing the business and strategy to ensure the company pursues the best path forward to enhance shareholder value.

What services does Forward Air (FWRD) provide?

Forward Air provides expedited less-than-truckload services, truckload brokerage, intermodal solutions, and a full portfolio of multimodal solutions across the United States, Canada, and Mexico.

Forward Air Corp

NASDAQ:FWRD

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1.02B
27.70M
1.75%
122.43%
14.81%
Integrated Freight & Logistics
Arrangement of Transportation of Freight & Cargo
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United States of America
GREENEVILLE