FORWARD AIR AND OMNI LOGISTICS SEAL BUSINESS MERGE

Forward Air completed its acquisition of Omni Logistics recently after the expedited surface transportation provider and global freight forwarder reached a newly agreed upon merger agreement. Plans for the merger were announced last August, but were put on a hold by a series of fights between activist investors, shareholders and the companies themselves. The deal will now allow the two companies to integrate their international and North American operations, adding more high-value freight into Forward’s less-than-truckload (LTL) network. Read more…