Forward Air – hoping it doesn't get any worse...
Highly distressed
The last time I looked at the Forward Air (FWRD) story in mid-October, waiting for Q3 24 numbers to be released, I was so focused on possible divestments – as previously promised* – by year-end, that I wrongly stated the company wasn’t guiding the market for Ebitda this year.
(*Conf call in May – when the new CEO had just started – then-FWRD CFO Rebecca Garbrick said – emphasis in bold added – Forward Air was going for “an accelerated portfolio ...
Teamsters union vows UPS will be 'in for a hell of a fight' over jobs cull
Shippers warned: don't under-value US exports to avoid tariffs – 'CBP will catch you'
Cancelled voyages take the sting out of spot rate declines this week
New Houthi warning to shipping as rebel group targets specific companies
US tariffs and trade war will result in 'Covid-like' shortages and layoffs
K+N CEO unveils impact of US import tariffs on China-origin goods
More pressure on transpacific rates as carriers bet on a China-US trade deal
CMA CGM to reflag box ship as the French carrier eyes growing Indian market
Comment on this article