---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-26-048928"
form_type: "8-K"
ticker: "FWRD"
cik: "0000912728"
company_name: "FORWARD AIR CORP"
filed_at: "2026-07-21T12:56:52+00:00"
generated_at: "2026-07-21T13:00:07.066965+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001628280-26-048928
- form_type: 8-K
- ticker: FWRD
- cik: 0000912728
- company_name: FORWARD AIR CORP
- filed_at: 2026-07-21T12:56:52+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/912728/000162828026048928/0001628280-26-048928-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/912728/000162828026048928/fwrd-20260721.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-26-048928
- JSON: https://secwatch.observer/filing/0001628280-26-048928.json
- Plain text: https://secwatch.observer/filing/0001628280-26-048928.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.