It has been a tough year for Forward Air (NASDAQ: FWRD) investors, but the company's latest results provide some evidence that the company is finally moving in the right direction.

Investors are taking notice, sending Forward shares up 20% as of noon ET.

Forward Air has been driving through potholes over the last year. The transportation company has been on the defensive since last year, when it announced its intention to acquire Omni Logistics. The deal raised objections from activist investors, who argued that Forward Air was overpaying.

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Source Fool.com