Reported about 8 hours ago
Forward Air has recently transformed its debt structure, providing it with significant financial leeway needed for recovery. Despite reporting a net loss of $35.4 million, the company ended the year with $382 million in liquidity and has achieved over $100 million in annual cost savings. The management is focusing on profitable growth through operational changes and is optimistic about improving yields in the upcoming quarters, even as demand remains challenging.
Source: YAHOO