Forward Air Corporation is a logistics and transportation services provider that specializes in time-sensitive and expedited shipping solutions
The company operates through various segments, including expedited transportation, which focuses on providing ground and air services for shipments that require quick delivery. Additionally, Forward Air offers a range of supply chain management solutions, including warehousing and freight brokerage, catering to diverse industries such as automotive, retail, and healthcare. Its extensive network and commitment to customer service enable businesses to streamline their logistics operations effectively.
Investor risk sentiment is showing greater conviction on Thursday, with all indices and major stock sectors in the green, after Wall Street failed to hold onto opening gains and closed in the red the previous day.
U.S. stocks are set for a mixed start on Thursday as concerns regarding the economy and incremental yen carry trade unwinding remain an undercurrent. Traders may be keen to receive the jobless claims report, given the recent sell-off kickstarted last Thursday, partly due to a spike in the data.
Wall Street could go from strength to strength as the index futures point to another session in the green as investors seek to put the worst behind. Volatility continued to drop, as evidenced by another sharp slide in the CBOE Volatility Index, which is now approaching pre-sell-off levels.
