Forward Air – unfixable?
Behind the curtain: IT M&A job
After a tumultuous 2020, US trucking firm Forward Air is on a roll, with Q2 yielding record revenues and operating income.
And management guidance for the current quarter shows continuing growth.
The company tabled revenues of $420.7m, an increase of 49.3% year on year and a new record for any quarter in its history, and a gain of nearly 40% in operating income also set a new quarterly record.
Net income surged from $9.2m a year ago to $30.7m.
The company, which started out ...
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