Forward Air’s acquisition of Omni Logistics becomes a done deal
January 26, 2024
Following a previous announcement earlier this week, in which key financial terms of a previously-announced deal were amended, Greenville, Tenn.-based asset-light freight and logistics services provider Forward Air said its acquisition of Dallas-based Omni Logistics, an asset-light, high-touch logistics and supply chain services provider owned by Ridgemont Equity Partners, is now official.
Forward Air and Omni Logistics clear the path to a new, revised deal
January 25, 2024
Fast-forwarding nearly six months later to this week, it appears that the transaction will now come to fruition, with Forward Air saying that the terms of the agreement have been amended.
With state of merger deal in flux, Omni Logistics files lawsuit against Forward Air
November 1, 2023
Following an October 26 announcement, in which Greenville, Tenn.-based asset-light freight and logistics services provider Forward Air stated it may not go through with its planned acquisition of Dallas-based Omni Logistics, an asset-light, high-touch logistics and supply chain services provider, which was announced in August and expected to close later this year, Omni said yesterday it is filing a lawsuit against Forward Air to enforce the agreement.
Forward Air indicates planned acquisition of Omni Logistics may not come to fruition
October 26, 2023
Greenville, Tenn.-based asset-light freight and logistics services provider Forward Air served notice that it may not go through with its planned acquisition of Dallas-based Omni Logistics, an asset-light, high-touch logistics and supply chain services provider, which was announced in August and expected to close later this year.
Forward Air’s Schmitt highlights key aspects of acquisition of Omni Logistics
August 16, 2023
Logistics Management Group News Editor Jeff Berman recently caught up with Forward Air Chairman, President and Chief Executive Officer Tom Schmitt about what this acquisition means for the company, from a service and competitive perspective, as well as other industry topics, including Yellow's recent exit from the market and the 2023 Peak Season.
Forward Air and Omni Logistics announce plans to combine, with a focus on expedited LTL market
August 10, 2023
Greenville, Tenn.-based asset-light freight and logistics services provider Forward Air and Dallas-based Omni Logistics, an asset-light, high-touch logistics and supply chain services provider owned by Ridgemont Equity Partners, announced today they will join forces, with the companies having entered into a definitive agreement to create a combined company through a cash-and-stock transaction.