Forward Air Announces Two-Year Definitive Agreement to Retain Significant Portion of Previously Disclosed Customer Relationship
Business Wire•28/10/2026•07:30 ET
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Key Highlights
- ➤2026-2028 annual revenue from retained services expected to exceed 2025 customer contribution
- ➤Two-year agreement retains significant portion of services from one of Forward Air’s largest customers
- ➤Certain services transition between November 2026 and March 2027, with no material 2026 revenue impact expected
- ➤Retained customer services continued growing throughout 2026 and are expected to grow in 2027
- ➤Forward Air expects greater business visibility, profitability predictability, and cash-flow predictability
Expert Statements
Shawn Stewart, President and Chief Executive Officer of Forward Air Corporation
“We are pleased to finalize this Agreement and believe it reflects the strength of our longstanding 20-year partnership and the exceptional service our team continues to provide. By signing this Agreement, we should bring both greater visibility and predictability to our business and the associated profitability and resulting cash flow.”
Forward Air Announces Two-Year Definitive Agreement to Retain Significant Portion of Previously Disclosed Customer Relationship
2026 to 2028 Forecasted Annual Revenue from Customer Expected to Exceed 2025 Revenue Driven by Growth in Retained Services
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