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Airlines M&A image Airlines M&A » By The Online Investor Staff, updated Fri., Apr. 26, 10:26 PM Recent mergers and acquisitions in the Airlines M&A category.

Slide #23. Forward Air Corporation Total Quality, Inc.

Acquirer: Forward Air Corporation (NASDAQ:FWRD)
Acquiree: Total Quality, Inc.
Details: Forward Air Corporation (NASDAQ:FWRD) today announced that it has acquired Total Quality, Inc. (TQI), a premium provider of maximum security and temperature-controlled services to the pharmaceutical and life science industries.

Forward Air is an asset-light freight and logistics company. Co. provides less-than-truckload (LTL), final mile, truckload and intermodal drayage services across the U.S. and in Canada. Co.'s services are classified into two reportable segments: Expedited Freight and Intermodal. Co.'s Expedited Freight segment provides expedited regional, inter-regional and national LTL services. Co.'s Intermodal segment provides first- and last-mile intermodal container drayage services both to and from seaports and railheads. Intermodal also provides contract and container freight station warehouse and handling services.

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Company Name:  Forward Air Corp
Stock buyback:  FWRD buyback
Website:  www.forwardaircorp.com
Sector:  Airlines
Number of ETFs Holding FWRD:  52
Total Market Value Held by ETFs:  $160.97M
Total Market Capitalization:  $614.00M
% of Market Cap. Held by ETFs:  26.22%
 

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April 26, 2024    10:26 PM Eastern
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Hold (2.29 out of 4)
0th percentile
(ranked lower than approx. 100% of all stocks covered)

Analysts' Target Price:
FWRD Stock Forecast

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