Forward Air cuts workforce as it navigates post-merger landscape [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
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Source: Yahoo! Finance
job cuts range from clerical positions to the C-suite and include many sales and technology roles. A representative for Forward was unable to confirm the total number of positions impacted but acknowledged the layoffs on Monday. “As part of our previously announced efforts to improve Forward's performance, we've made the difficult decision to initiate workforce changes through restructuring and reductions,” a spokesperson with Forward said. “We're committed to supporting our affected teammates during this transition by providing severance packages, access to COBRA medical coverage, outplacement services, and other resources. We remain focused on delivering best-in-class customer service and creating value for all stakeholders.” WARN Act notifications hadn't appeared on the state labor department websites where Forward operates as of Monday. Shares of Forward ( NASDAQ: FWRD ) remain in flux following an Aug. 10 merger announcement with freight forwarder Omni Logistics . The tra
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News
- Texas-based U.S. Logistics Solutions files for bankruptcy liquidation [Yahoo! Finance]Yahoo! Finance
- Check Call: Long live the tale of Coyote Logistics [Yahoo! Finance]Yahoo! Finance
- Saia adds terminals in Southern California, Minnesota [Yahoo! Finance]Yahoo! Finance
- Diesel benchmark up for second straight week [Yahoo! Finance]Yahoo! Finance
- U.S. Logistics Solutions Closes Suddenly, Files for Chapter 7 Bankruptcy [Yahoo! Finance]Yahoo! Finance
FWRD
Earnings
- 5/8/24 - Miss
FWRD
Sec Filings
- 6/17/24 - Form S-8
- 6/13/24 - Form SC
- 6/10/24 - Form S-1
- FWRD's page on the SEC website