Rising haulage rates and declining service levels prompt US forwarder itchiness

Forward Air has had a bumpy ride in recent months. In December, the trucking firm was the victim of a ransomware cyber-attack that hit its bottom line to the tune of $5.7m.
Management has also received heavy criticism from former executives who had acquired a 6.3% stake in the firm and argued that Forward’s board had given poor operational oversight, were pursuing the wrong strategy and failed to optimise the balance …

The post Rising haulage rates and declining service levels prompt US forwarder itchiness appeared first on The Loadstar.

Source: The Loadstar

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