Forward Air Cuts Staff in Post-Merger Restructuring [Yahoo! Finance]
Forward Air Corporation (FWRD)
Last forward air corporation earnings: 4/30 04:27 pm
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US:NASDAQ Investor Relations:
forwardair.gcs-web.com/investor-overview
Company Research
Source: Yahoo! Finance
an activist investor calling for a board shakeup and strategic review of the business. Now, add layoffs to Forward Air's laundry list as the logistics services provider aims to slash costs and get back to profitability. More from Sourcing Journal Flexport Accused of Skimping on $1 Million in Payments by Logistics Partner FedEx Cutting Up to 2,000 Employees in Europe Esprit Execs Address Widespread Downsizings and the Brand's Future Forward Air confirmed the staff reduction, which was initially reported by FreightWaves, but did not divulge the number of employees impacted by the cuts, or where the layoffs took place. “We have made the difficult decision to reduce our workforce as part of our previously announced efforts to improve Forward's financial performance. It was necessary to right-size the combined companies and achieve the cost reductions discussed on our first-quarter earnings call. The actions we took last week are incremental to those cost reductions previousl
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FWRD
News
- Here's Why ClearBridge Small Cap Value Strategy Decided to Sell Forward Air (FWRD) [Yahoo! Finance]Yahoo! Finance
- The past three years for Forward Air (NASDAQ:FWRD) investors has not been profitable [Yahoo! Finance]Yahoo! Finance
- Activist Ancora joins investors' calls for a strategic review at Forward Air. Here's what may happen next [CNBC]CNBC
- Yellow's Chapter 11 plan includes rights offering, REIT [Yahoo! Finance]Yahoo! Finance
- Transportation capacity steps higher in August, survey shows [Yahoo! Finance]Yahoo! Finance
FWRD
Earnings
- 8/7/24 - Miss
FWRD
Sec Filings
- 8/14/24 - Form SC
- 8/14/24 - Form 3
- 8/12/24 - Form SC
- FWRD's page on the SEC website