Forward Air falls on report that auction process has slowed

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Brightly Red Colored Semi-Truck Speeding on a Two-Lane Highway with Cars in Background Under a Stunning Sunset in the American Southwest

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Forward Air (NASDAQ:FWRD) dropped 9% after a report that its sales process has slowed amid unsatisfactory bids from private equity buyers.

The logistics firm is engaging with strategics, according to an Axios Pro report on Monday. The PE firms and

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