FORWARD AIR TO ACQUIRE QUICK DELIVERY
Tennessee-based air-freight trucker Forward Air Corp. has reached an
agreement to acquire the air freight-related assets of Alabama-based Quick Delivery
Service Inc.
Terms were not disclosed. Forward Air said the assets being purchased will be
integrated into its own operations, generating an additional $13 million in annual
revenue.
Quick Delivery provides truckload and less-than-truckload transport
services to airlines and air forwarders, predominantly in the U.S.
Southeast.