Forward Air expects to retain at least 50% of customer’s USD 250 million revenue under MOU

Reuters2026/07/21 11:32

By:Reuters

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Forward Air entered a non-binding MOU on July 20, 2026 to keep services for a top customer.
Expects to retain at least 50% of about $250 million in 2025 revenue tied to the customer; potential to keep another 25%.
MOU extends the contract term for retained services by at least two years.
Service transitions to other providers expected to begin later in 2026, with most shifting in December 2026 through 2027.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Forward Air Corporation published the original content used to generate this news brief via Business Wire (Ref. ID: 20260721078325) on July 21, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Forward Air expects to retain at least 50% of customer’s USD 250 million revenue under MOU

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