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Forward Air announces sale of Final Mile for $262M
The Fly

Forward Air announces sale of Final Mile for $262M

Forward Air announces the sale of its Final Mile business to Hub Group, Inc. for an estimated total cash consideration of $262 million. For the twelve months ended September 30, 2023, Final Mile generated approximately $289 million in revenue. Final Mile has approximately 45 locations and more than 640 employees that will transfer to Hub Group, Inc.

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