Forward Air Corp. Completes Acquisition

Forward Air Corp. said Tuesday it closed a deal, first announced last week, to buy transportation firm Pinch Holdings and a related company, AFTCO Enterprises, for an undisclosed sum.

Pinch and AFTCO are privately held transport firms based in Houston, and together generated. about $35 million in revenue last year.

Pinch provides expedited line haul, local cartage, exclusive use vehicles, customs services, and pool distribution services through a regional network.

Forward Air, a contractor to the air cargo industry, is ranked No. 66 on the Transport Topics 100 listing of U.S. and Canadian for-hire carriers.