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Forward Air
Business, Logistics, For-Hire

Forward Air CEO Tom Schmitt Exits After Omni Deal Completion

Forward Air and Tom Schmitt

Forward Air CEO Tom Schmitt exited the company days after finally completing the carrier’s at-times contentious merger with Omni Logistics.

Keiron Greenhalgh | Staff Reporter
February 8, 2024
Business, Logistics, For-Hire, Top 100

Forward Air Completes Acquisition of Omni Logistics

Forward Air/Omni Logistics

Forward Air on Jan. 25 announced the completion of its long-pending acquisition of Omni Logistics, with both companies’ leaders touting the benefits of the merger.

Dan Ronan | Senior Reporter
January 31, 2024
Business, Logistics, For-Hire

Forward Air Reaches Deal With Omni Logistics on Acquisition

Forward Air truck

Forward Air Corp. and Omni Logistics have settled litigation surrounding a planned merger that allows a deal to proceed under amended terms, the companies announced Jan. 22.

Connor D. Wolf | Staff Reporter
January 22, 2024
Business, Logistics, For-Hire

Hub Group Buys Forward Air Final-Mile Unit for $262 Million

Hub Group truck

Hub Group Inc. is set to buy the final-mile unit of Forward Air Corp. for about $262 million in cash, Oak Brook, Ill.-based Hub Group said.

Keiron Greenhalgh | Staff Reporter
December 21, 2023
Business, Logistics, For-Hire

Forward Air Files Counterclaim Against Omni on Merger

Omni Logistics

Forward Air has filed a counterclaim against Omni Logistics in response to a lawsuit Omni filed alleging that Forward has not followed through on a planned merger between the companies.

Connor D. Wolf | Staff Reporter
November 13, 2023
Business, Logistics, For-Hire

Forward Air Reports 82% Earnings Drop During Q3

Forward Air truck

Forward Air Corp. reported an 82.2% drop in earnings during the third quarter of 2023 as revenue declined amid a weak freight environment, the company reported Oct 30.

Connor D. Wolf | Staff Reporter
November 1, 2023
Business, Logistics, For-Hire

Forward Air Plans Merger With Omni Logistics

Forward Air truck

Forward Air Corp. and Omni Logistics announced Aug. 10 that they have entered into a definitive agreement to combine in a cash-and-stock transaction.

Connor D. Wolf | Staff Reporter
August 10, 2023
Business, Equipment, For-Hire

Forward Air Reports Revenue and Earnings Decline for Q1

Image

Forward Air Corp. experienced a year-over-year decline in revenue and earnings during the first quarter of 2023, the company reported May 1.

Connor D. Wolf | Staff Reporter
May 1, 2023
Business, Technology, Autonomous, Top 100

Forward Air, Kodiak Partner on Autonomous Route

Kodiak Robotics, Forward Air trailer partner on route with autonomous truck

Forward Air Corp. has partnered with self-driving trucking company Kodiak Robotics to run one of their busiest freight lanes near continuously with an autonomous truck.

Connor D. Wolf | Staff Reporter
March 21, 2023
Business, Logistics, For-Hire

Forward Air Reports Q4, Full-Year Records

Forward Air

Forward Air Corp. reported record fourth-quarter and full-year revenue, operating income and net income per diluted share Feb. 8.

Connor D. Wolf | Staff Reporter
February 9, 2023

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