Omni merger prompts Forward Air clients to look for alternative ...
Forwarders are seeking alternative carriers after the merger of Forward Air with Omni Logistics has led them to view Forward Air as a competitor. Forwarders are concerned that Omni may gain access to their customer information and undercut them with aggressive pricing. Forward Air has attempted to reassure forwarders that it will maintain confidentiality and neutrality, but skepticism remains. Investors and analysts are also unsure about the merger's potential for improved results and express concerns about the associated debt load. Forward Air's board has shown cracks, with its founder resigning on the day the merger was announced.
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Frequently Asked Questions
1. What is the impact of the Forward Air and Omni Logistics merger?
The merger between Forward Air and Omni Logistics has prompted Forward Air clients to search for alternative haulage options.
2. Where can I find more information about this merger?
You can find more information about the merger and its impact on Forward Air clients in the article titled "Forward Air + Omni Logistics – enter the lawyers" on The Loadstar website. Visit the following link: The Loadstar - Forward Air + Omni Logistics – enter the lawyers.