Forward Air Corporation announced on October 28, 2026, that it has entered into a definitive agreement with one of its largest customers. Under the terms of the deal, the customer has agreed to continue utilizing Forward Air for a significant portion of its services for a two-year term.
The agreement includes an orderly transition of certain services, which is scheduled to take place between November 2026 and March 2027. Forward Air stated that this transition is not expected to materially impact its revenue in 2026.
The company reported that revenue from the retained services has continued to grow throughout 2026 and is expected to increase further in 2027. Forward Air anticipates that annual revenue in each year of the contract period—2026, 2027, and 2028—will exceed the customer’s total revenue contribution in 2025.
Forward Air is an asset-light provider of transportation services across the United States, Canada, and Latin America. The company offers expedited less-than-truckload services, including local pick-up and delivery, shipment consolidation, warehousing, and customs brokerage.
