Forward Air is trading at $16.45, up +8.65% in pre-market after signing a two-year agreement with one of its largest customers, retaining a significant portion of current services.
- Announced October 28, the agreement covers retained services whose revenue has grown in 2026. Forward Air expects annual revenue from the customer in 2026–2028 to exceed its 2025 contribution.
- Certain services will transition between November 2026 and March 2027; the company expects no material 2026 revenue impact.