ECHO Profile
Echo Global Logistics, Inc. (ECHO) is a technology-enabled logistics company that provides transportation and supply chain management solutions. The company operates in two segments: transportation management and managed transportation.
The transportation management segment offers a wide range of services, including carrier selection and management, freight tracking, and freight bill audit and payment services. The managed transportation segment provides complete transportation outsourcing solutions, including network optimization, mode selection, carrier manajement, and technology integration.
Echo Global Logistics uses proprietary technology to help shippers and carriers optimize their supply chain operations. The company's EchoShip platform provides real-time visibility into shipments, while its EchoDrive mobile app helps carriers manage their loads and track their pay. Echo also offers a suite of analytics tools to help customers analyze their transportation data and identify cost savings opportunities.
In addition to its technology offerings, Echo Global Logistics has a network of over 40,000 carriers and works with shippers across a variety of industries, including consumer products, food and beverage, industrial, and retail. The company's customer base includes both large Fortune 1000 companies and small to medium-sized businesses.
Echo Global Logistics was founded in 2005 and is headquartered in Chicago, Illinois. As of 2021, the company has over 3,000 employees and operates in North America, Europe, and Asia. Echo Global Logistics is listed on the NASDAQ stock exchange under the ticker symbol ECHO.
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