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  "documentTitle": "Forward Air Corporation (FWRD)",
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      "text": "12/28/20: Ancora constructively engages with management regarding our value creation thesis (margin improvement, freight mix optimization, non-core asset sales and refocused capital allocation). Ancora files 13D.",
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      "text": "10/18/21: FWRD's 3Q21 earnings announcement marks an operational and financial improvement inflection point. Share price rises from $80 to $120.",
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      "text": "Spring/Summer of 2021: FWRD orchestrates a complete LTL network cleanse that culls all unprofitable, low-margin and hard-to-handle shipments from the network and replaces this freight with heavier-weight, palletized shipments that generate higher revenue and are more profitable and easier to handle.",
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      "text": "3/15/21: Ancora and FWRD settle, resulting in the addition of directors Scott Niswonger (former FWRD Founder & Chair) and Richard Roberts, plus three mutually agreed upon directors. Also includes a consulting agreement with Andy Clarke (former FWRD CFO).",
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      "text": "Ancora has a multi-year history with the Company and was a top five shareholder of Forward Air from mid-2020 through late 2022.",
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      "text": "Activist Investor Ancora to Launch Proxy Fight at Forward Air — The Wall Street Journal",
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