• Feb. 4, 2015, 4:48 PM
    • Forward Air (NASDAQ:FWRD) agrees to acquire trucking provider Towne, whose airport-to-airport network provides delivery service to 61 service points, for $125M.
    • FWRD also sees Q4 EPS of $0.54-$0.56 on revenue of $214M, below analyst consensus of $0.63 EPS and $215.6M; for FY 2015, sees EPS of $2.26-$2.50 vs. $2.41 consensus, with revenues, including Towne, to increase by 26%-28% Y/Y.
    Feb. 4, 2015, 4:48 PM