PRESS RELEASE
Forward Air Announces Board Review of Strategic Alternatives to Maximize Shareholder Value
Amends Senior Secured Term Loan Credit Agreement
Implements Initial Phase of Transformation Strategy, Reducing Annual Operational Expenditures by Approximately $20 Million
Reaffirms Full Year 2024 Consolidated EBITDA Guidance of $300 Million to $310 Million
January 06, 2025 08:00 AM Eastern Standard Time
GREENEVILLE, Tenn.–(BUSINESS WIRE)–Forward Air Corporation (NASDAQ:FWRD) (the “Company” or “Forward”) today announced that its Board of Directors has initiated a …
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