FWRD - Mergers and acquisitions

Forward Air Corporation (NASDAQ:FWRD) (the "Company" or "Forward") is executing a growth strategy that involves organic infrastructure investments, such as the ongoing LTL network expansion, and inorganic investments, including acquisitions of complementary businesses. As part of the inorganic growth strategy, Forward today announced that it has entered into an agreement to acquire the assets of Edgmon Trucking, LLC ("Edgmon Trucking"), a privately held intermodal drayage provider that generates approximately $22 million in annual revenue. The transaction will be funded from cash on hand and is expected to close in May, 2022. Headquartered in Kent, Washington, Edgmon Trucking has been mana

Acquisitions strengthen intermodal capabilities in a time of industry strain, quadrupling Forward Air's Minnesota-based driver fleet and extending service footprint. Forward Air Corporation (NASDAQ:FWRD) (the "Company", "Forward", "we", "our", or "us") is executing a growth strategy that involves organic infrastructure investments, such as its ongoing LTL network expansion, as well as inorganic investments, including acquisitions of complementary businesses. Our primary focus is to pursue accretive acquisitions that complement or expand the Expedited LTL division, while continuing to grow our intermodal segment with strategic acquisitions. As part of the inorganic growth strategy, Forward

Forward Air Corporation (NASDAQ:FWRD) (the "Company" or "Forward") is executing a growth strategy that involves organic infrastructure investments, such as its ongoing LTL network expansion, as well as inorganic investments, including acquisitions of complementary businesses. As part of the inorganic growth strategy, Forward today announced that it has entered into an agreement to acquire the assets of J&P Hall Express. J&P Hall Express is a privately held expedited transportation provider that generates approximately $15.8 million in annual revenue. The acquisition is expected to close in May 2021. Headquartered in Atlanta, GA with a second terminal in Albany, GA, J&P Hall Express has bee

GREENEVILLE, Tenn.--(BUSINESS WIRE)--Forward Air Corporation (NASDAQ: FWRD) (the “Company” or “Forward”) is executing a growth strategy that involves organic infrastructure investments, such as its ongoing LTL network expansion, as well as inorganic investments, including acquisitions of complementary businesses. As part of the inorganic growth strategy, Forward today announced that it has entered into an agreement to acquire the assets of Proficient Transport Incorporated and Proficient Trucking, Inc. (together “Proficient Transport”) for $15 million. Proficient Transport is a privately held intermodal drayage provider that generates approximately $23 million in annual revenue. The