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Moody's, Fitch Downgrade Forward Air Debt; Stock Decline Now Above 90% - Forward Air (NASDAQ:FWRD), Moody's (NYSE:MCO)

Its stock having declined nearly 91% since the end of July, Forward Air now has been hit with two more downgrades of its debt rating. Moody's Ratings last week downgraded the ratings of ClueOpCo, a wholly owned subsidiary of Forward Air (NASDAQ: FWRD) that was created following the so-far-

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Forward Air hires former YRC CFO Jamie Pierson

Forward Air announced it has hired YRC Worldwide financial restructuring architect Jamie Pierson as interim chief financial officer. The post Forward Air hires former YRC CFO Jamie Pierson appeared first on FreightWaves.

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Fleets' earnings in the first quarter reveals market keeps getting weaker

The bleak freight market continues to take its toll on carriers earnings, with fleets noting soft rates, low volumes, overcapacity and extreme weather.

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Forward Air Announces Leadership Transition

Forward Air Corporation today announced the appointment of Jamie G. Pierson as interim Chief Financial Officer effective May 20, 2024. Mr. Pierson succeeds Rebecca Garbrick, who is departing the.

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