Todd Maiden
Thursday, August 29, 2024
Former Forward Air CEO Tom Schmitt joins Nikola
Nikola Corp. announced that it has hired ousted Forward Air CEO Tom Schmitt to lead its commercial efforts.
Nikola Corp. announced that it has hired ousted Forward Air CEO Tom Schmitt to lead its commercial efforts.
Activist investor Clearlake Capital holds a 13.8% equity position in Forward Air and signaled it may look to make changes at the company.
Forward Air said Wednesday it will continue to focus on integration and revenue opportunities following a messy merger with Omni Logistics.
Forward Air confirms it has implemented workforce reductions and other restructuring initiatives.
Industry expert Satish Jindel offers perspective on Forward Air’s controversial merger with Omni Logistics.
Forward Air’s shareholders approved the conversion of Omni’s nonvoting shares to voting common stock, giving the group 35% control of the combined entity.