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  "documentTitle": "Ancora Forward Air Letter February 2021",
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  "notes": "The red arrow indicates a downward trend in the owner-operator percentage over the decade.",
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      "text": "Further, given that Forward Air utilizes an asset-light operating model, it largely does not employ truck drivers or own trucks, instead the Company utilizes owner-operators to move the freight. As such, purchased transportation is the largest cost item...",
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