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Forward Air and Omni Logistics Combine Service Offerings to Deliver Value for Global Athletics Leader

1. FWRD secures a new distribution award from a global athletics leader. 2. Omni Logistics will enhance its service offerings with this new contract.

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FAQ

Why Bullish?

Securing new business contracts typically enhances revenue streams, boosting investor confidence. Historical patterns show similar contracts led to price increases for logistics companies.

How important is it?

New contracts can significantly drive revenue for Forward Air, indicating growth potential. The logistics sector's stability during economic fluctuations adds to its importance.

Why Short Term?

Immediate revenue from the new contract may positively affect Q1 financial results. Companies often see quicker market reactions to such announcements.

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OMNIUPSFDX
GREENEVILLE, Tenn.--(BUSINESS WIRE)--Forward Air Corporation (NASDAQ: FWRD) (“we,” “us,” “our,” the “Company” or “Forward Air”) announced today that it has secured a distribution services award and new full truckload business from a global athletics leader, showcasing the combined strength of its service offerings in combination with Omni Logistics (a Forward Air company). As part of the new agreement, Omni Logistics will provide distribution services for the customer, supporting 18 different r.

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