Forward Air signs MOU to retain at least half of $250M customer revenue

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Forward Air Corporation Provides Customer Update

July 21, 2026 7:30 AM EDT

Company enters into non-binding MOU with Customer

DALLAS--(BUSINESS WIRE)-- Forward Air Corporation (NASDAQ: FWRD) (the Company, Forward, we, our, or us) today provided an update regarding ongoing discussions with one of its largest customers (the Customer). As previously disclosed on May 7, 2026, the Company has been engaged in discussions with the Customer regarding the Customers planned transition of a portion of the services currently provided by the Company to other service providers as part of the Customers operational and supplier diversification initiatives.

On July 20, 2026, the Company entered into a non-binding memorandum of... More