Forward Air announced new financial targets Tuesday and reiterated plans to primarily focus on the premium less-than-truckload market going forward. However, its new forecasts didn’t include freight forwarder Omni Logistics, which it made a bid to merge with in August.
Forward (NASDAQ: FWRD) is forecasting consolidated annual revenue of $2.5 billion by 2026 compared to just under $2 billion last year and implied guidance of $1.67 billion for 2023. That represents nearly a 15% compound annual...
https://www.freightwaves.com/news/forwards-new-long-term-targets-dont-include-omni