EXCLUSIVE: Another top (ex-Schenker) casualty at DSV
Stronger together but only where’s needed
Forward Air (FWRD) is under a huge amount of pressure.
Uh-oh.
Now
’Hoping it doesn’t get any worse’ was our previous stance on 7 March.
Hope alone isn’t helping.
In the wake of Trump’s Liberation Day…
… not only has its stock materially underperformed the benchmark index (Dow Jones Transportation Average) but also…
… all others I can possibly think of, even RXO, which has been pummelled in recent days. And at $12.5 a share, the value of Forward Air is just a couple of bucks off ...
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