Forward Air expects to retain at least 50% of customer's USD 250 million revenue under MOU
FWRD•Forward Air signs non-binding MOU to retain major customer services
Forward Air entered a non-binding MOU on July 20, 2026 to keep services for a top customer.
The company expects to retain at least 50% of about $250 million in 2025 revenue tied to the customer, with potential to keep another 25%.
The MOU extends the contract term for retained services by at least two years.
Service transitions to other providers are expected to begin later in 2026, with most shifting in December 2026 through 2027.
