Forward Air retains at least 50% of $250M customer revenue under non-binding MOU; contract extended 2+ years

FORWARD AIR CORP

Non-binding MOU with largest customer; expects to retain at least 50% of ~$250M FY2025 revenue, with potential for up to 75%.
Retained services contract extended for no less than two years.
Transition of services to other providers begins later this year, majority in Dec 2026 and through 2027.
Previously disclosed on May 7, 2026, regarding customer's diversification plans.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.