Forward Air Secures Two-Year Agreement with Major Customer
Forward Air (FWRD) has entered into a definitive two-year agreement with one of its largest customers. Under the terms of this contract, the customer has committed to continuing the use of Forward Air for a significant portion of the services it currently receives from the company. The deal provides much-needed visibility into Forward Air's revenue streams and helps stabilize its relationship with a key client during a period of operational transition. While specific financial terms were not disclosed, the retention of a major account is expected to mitigate churn risks and support service continuity.
Tickers: $FWRD
Topics: customer retention service agreement
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