echo global logistics

Business, Technology

Echo Global Logistics Launches Portal, App for Load Bidding

Echo Global Logistics Inc. launched a carrier-facing web portal and mobile app that displays Echo’s available loads for the company’s network to bid on.

April 22, 2019
Business

Echo Global Logistics Posts Record Revenue, Higher Profits in 4Q

Echo Global Logistics

Echo Global Logistics posted record revenue and higher profits in the fourth quarter of 2018 as strong freight demand boosted demand for freight brokerage services and more shippers outsourced freight management activities.

Daniel P. Bearth | Staff Writer
February 6, 2019
Business, Logistics

Echo Global Logistics Income, Revenue Jump

Echo Global Logistics TT File Photo

Echo Global Logistics reported record second-quarter net income of $7.7 million from a loss of $200,000 in the second quarter of 2017. The Chicago-based third-party logistics company reported earnings per share of 28 cents, up from a loss of minus 1 cent a share a year ago.

Transport Topics
July 27, 2018
Business, Logistics, Top 50

Echo Global Logistics Reports Revenue Surge in 1Q

Echo Global Logistics Echo Global Logistics

Echo Global Logistics reported record revenue in the first quarter of 2018 and posted a profit, compared with a loss a year ago, as tight capacity drove more business to third-party transportation service providers.

Daniel P. Bearth | Staff Writer
April 25, 2018
Business

Technology Firm Project44 Raises $35 Million in New Funding Round

Logistics technology firm project44 announced April 17 it raised $35 million in a new funding round led by OpenView Venture Partners.

Transport Topics
April 23, 2018
Business, Logistics

Echo Global Logistics Revenues Surge 34.6%

Echo Global Logistics coffee mug Echo Global Logistics

Echo Global Logistics revenues surged 34.6% and profits beat analysts’ expectations by a large margin in the three months ended Dec. 31.

February 7, 2018
Business

Ryder, Echo Report Record Third-Quarter Revenue

Ryder truck on the road Ryder System Inc.

Ryder System Inc. reported record revenue but lower profits in the third quarter of 2017.

October 26, 2017
Business, Logistics, Top 50

Logistics Revenues Due to Go Up in Quarterly Reports, but Margins Still Drag Down Profits

XPO Logistics

Third-party logistics firms capitalized on stronger demand to transport freight this summer but spent more to purchase trucks, resulting in what Wall Street analysts predict will be a mixed-earnings season.

Ari Ashe | Staff Reporter
October 11, 2017
Business, Logistics

Echo Suffers Losses for Third Straight Quarter

Echo Global Logistics employee Echo Global Logistics

Echo Global Logistics set a new record on July 27 after failing to make a profit for the third consecutive quarter, which hasn’t happened once since the company went public in mid-2009.

Ari Ashe | Staff Reporter
July 27, 2017
Business, Logistics

Echo Global Logistics to Acquire Command Transportation for $420 Million

Command Transportation

Echo Global Logistics Inc. agreed to buy brokerage firm Command Transportation for approximately $420 million to expand the buyer’s non-asset-based capabilities for truckload customers.

Transport Topics
April 21, 2015

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