All Forward Air articles
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NewsForward Air considers sale
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 consider options including a sale, merger or another strategic or financial transaction “to maximize shareholder ...
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NewsForward Air adds director
US transport company Forward Air has added Jerome Lorrain to its board of directors, effective October 1. Lorrain has over 30 years of experience in a variety of roles in the logistics and transportation industry. He was previously chief operating officer of CEVA Logistics and currently serves as director of ...
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Forward Air and Omni Logistics end acquisition dispute
Forward Air and Omni Logistics have agreed to end a legal dispute over Forward's planned acquisition of Omni.The companies have agreed to amend the terms of the existing agreement. This will end the litigation between Omni, a global multimodal provider of air, ocean and ground services, and Forward Air, a ...
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Forward Air-Omni Logistics takeover dispute continues
The ongoing legal battle between Forward Air and Omni Logistics over a takeover deal struck between the firms in August has continued in recent weeks.The most recent development in the ongoing dispute is that Forward Air has filed a counterclaim against Omni's lawsuit, which aims to enforce the merger between ...
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Omni Logistics takes Forward Air to court over merger delay
Omni Logistics has filed a lawsuit against Forward Air in a bid to enforce the merger agreement between the two companies.The merger agreement between the companies was announced in August, however, at the end of October, global multimodal provider of air, ocean and ground services Omni Logistics said it had ...
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Forward Air and Omni Logistics to merge
Global multimodal provider of air, ocean and ground services Omni Logistics will merge with Forward Air, a provider of transportation services across the US, Canada and Mexico.The definitive agreement will create a combined company that generated approximately $3.7bn of adjusted revenue for the twelve months ended June 30."The combination of ...