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28.10.2021 - Forward Air Corporation (NASDAQ:FWRD) (the “Company”, “we”, “our”, or “us”) today reported financial results for the three and nine months ended September 30, 2021 as presented in the tables below on a continuing operations basis (Pool Distribution ...

Press release content from Business Wire. The AP news staff was not involved in its creation. Forward Air Announces Sale of Pool Distribution Business February 12, 2021 GMT GREENEVILLE, Tenn.--(BUSINESS WIRE)--Feb 12, 2021-- Forward Air Corporation (NASDAQ: FWRD) (the “Company” or “Forward”) is executing a growth strategy that involves organic infrastructure investments, such as its ongoing LTL network expansion, as well as inorganic investments, including acquisitions of complementary businesses. Forward today announced the sale of its Pool Distribution business to Ten Oaks Group for...

Share: Forward Air's (NASDAQ: FWRD) earnings, already projected to fall short of projections due to the late December cyberattack it suffered, were released with two pieces of news: an acquisition and a divestiture. Forward Air is selling its Pool Distribution to Ten Oaks Group. Ten Oaks describes itself as "a family office exclusively focused on investing in corporate divestitures." The Pool Distribution segment, according to Forward Air's 10-K, provides "high-frequency handling and distribution of time-sensitive products to numerous destinations within a specific geographic region."  The P...