Forward Air Enhances Financial Flexibility for Growth

Forward Air ( (FWRD) ) has shared an update.

Forward Air Corporation’s subsidiary, Clue Opco LLC, has amended its Credit Agreement to increase its financial flexibility for future growth. The amendment includes changes to the financial performance covenant, reduction in revolving credit commitments, and new restrictions on certain financial activities, aiming to support the company’s long-term strategic objectives.

More about Forward Air

Forward Air Corporation operates in the logistics and transportation industry, providing ground transportation and related logistics services to customers primarily in North America.

YTD Price Performance: 4.74%

Average Trading Volume: 639,966

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $966.2M

For detailed information about FWRD stock, go to TipRanks’ Stock Analysis page.