News

A. Duie Pyle Named 2024 Platinum LTL Carrier Award Winner by Echo Global Logistics

  • WEST CHESTER, Pa., May 20, 2025 (GLOBE NEWSWIRE) -- A.
    05/20/2025

First ECHO Suites Extended Stay by Wyndham Opens in South Carolina

  • Mandeep Singh joins Wyndham to oversee the future development and successful rollout of ECHO Suites as openings f ollow in Texas and Virginia in the coming months SPARTANBURG, S.C. , July 11, 2024 /PRNewswire/ -- Construction workers hitting the road for month-long projects, traveling nurses visiting a new city for extended periods and digital nomads taking advantage of today's work-from-anywhere policies will now have a new home-away-from-home with ECHO Suites Extended StaySM by Wyndham, which celebrated the grand opening of its first location, ECHO Suites Spartanburg in South Carolina.
    07/11/2024
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Echo Global Logistics, Inc. (ECHO) can buy. Click on Rating Page for detail.

The price of Echo Global Logistics, Inc. (ECHO) is 48.24 and it was updated on 2025-07-11 01:00:56.

Currently Echo Global Logistics, Inc. (ECHO) is in undervalued.

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Roadrunner Earns Platinum LTL Carrier Award from Echo Global Logistics

  • Award Recognizes Outstanding Service, Commitment and Performance by the Less-than-Truckload Carrier  CHICAGO , April 17, 2024 /PRNewswire/ -- Roadrunner, transportation's greatest comeback story, announced that it earned the 2023 Platinum LTL Carrier Award from Echo Global Logistics. The award, which is given to only a few carriers each year, recognizes outstanding service, commitment, and performance.
    Wed, Apr. 17, 2024

NIH STUDY EXAMINES EARLY LIFE FACTORS AFFECTING BEHAVIOR AND WELL-BEING OF YOUNG CHILDREN

  • DURHAM, N.C., April 26, 2023 /PRNewswire/ — Children born preterm and those whose families experienced social, environmental, or economic hardships were more likely to have persistent behavior difficulties, according to new research funded by the Environmental influences on Child Health Outcomes Program (ECHO) at the National Institutes of Health. ECHO researchers found that factors such as […]...
    Wed, Apr. 26, 2023

5 Stocks to Reap Solid Gains This Thanksgiving Week

  • Papa John's (PZZA), Vipshop (VIPS), Copa Holdings (CPA), Echo Global (ECHO) and Ambev (ABEV) could reap solid gains this Thanksgiving week and could be compelling picks for investors.
    Tue, Nov. 23, 2021

Is Echo Global Logistics (ECHO) a Solid Growth Stock? 3 Reasons to Think " Yes "

  • Echo Global Logistics (ECHO) possesses solid growth attributes, which could help it handily outperform the market.
    Fri, Nov. 19, 2021

Echo CEO Waggoner to The Jordan Company: ‘Let me run faster'

  • Shareholders of Echo Global Logistics (NASDAQ: ECHO), a leading Chicago-based third-party logistics provider, will gather Friday for an extraordinary meeting to vote on the 3PL's acquisition by private equity firm The Jordan Company for $48.25 per share. Echo's management team is proud of the deal they struck with Jordan — $48.25/share represented a premium in excess of 50% of the company's stock price when the deal was announced — and considers it a win for shareholders.
    Thu, Nov. 18, 2021
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Here is Why Growth Investors Should Buy Echo Global Logistics (ECHO) Now

  • Echo Global Logistics (ECHO) is well positioned to outperform the market, as it exhibits above-average growth in financials.
  • 10/29/2021

Echo Global Logistics SVP of Marketing Christopher Clemmensen Named to Prestigious Crain's Chicago Business 2021 "Notable Executives in Marketing" List

  • CHICAGO, Oct. 6, 2021 /PRNewswire/ -- Echo Global Logistics, Inc. (NASDAQ: ECHO), a leading provider of technology-enabled transportation management services, announced today that Christopher Clemmensen, Senior Vice President of Marketing at Echo, was named to Crain's Chicago Business 2021 Notable Executives in Marketing list. Inclusion on the list recognizes Chicago-area marketing executives who have made a significant impact in their profession and industry.
  • 10/06/2021

Echo had another serious suitor before accepting Jordan's bid, filing says

  • By Tuesday night, it had become a matter of public record that a serious suitor for Echo Global Logistics Inc. had emerged before the Chicago-based freight broker accepted in early September a $48.25-per-share all-cash buyout from private equity firm The Jordan Co., topping the unnamed suitor's $47-a-share cash bid. The question is who?
  • 10/06/2021

SHAREHOLDER ALERT: WeissLaw LLP Reminds CXP, JMP, ECHO, and KDMN Shareholders About Its Ongoing Investigations

  • NEW YORK, Sept. 30, 2021 /PRNewswire/ -- If you own shares in any of the companies listed above and would like to discuss our investigations or have any questions concerning this notice or your rights or interests, please contact: Joshua Rubin, Esq.
  • 09/30/2021

4 Top-Ranked Momentum Picks Using Driehaus Strategy

  • AN, BY, KMI, and ECHO are some of the momentum stocks that passed the screen for Drieshaus strategy.
  • 09/29/2021

Echo Global Logistics Regional Vice President Molly Mangan Wins 2021 "Women in Supply Chain" Award

  • CHICAGO, Sept. 28, 2021 /PRNewswire/ -- Echo Global Logistics, Inc. (NASDAQ: ECHO), a leading provider of technology-enabled transportation management services, announced today that Echo's Regional Vice President Molly Mangan won a 2021 Women in Supply Chain award from  Supply & Demand Chain Executive , the only publication covering the entire global supply chain.
  • 09/28/2021

7 Risk-Averse Stocks to Buy for a Fortified Portfolio

  • The market is doing well, but it always pays to have prudent picks in your portfolio. Here are seven of the best risk averse stocks to buy.
  • 09/28/2021

Kaskela Law LLC Announces Stockholder Investigation into Acquisition of Echo Global Logistics, Inc. - ECHO

  • Philadelphia, Pennsylvania--(Newsfile Corp. - September 25, 2021) - Kaskela Law LLC announces that it is investigating Echo Global Logistics, Inc. ("Echo") (NASDAQ: ECHO) on behalf of the company's shareholders.On September 10, 2021, Echo announced that it had entered into an agreement to be acquired by funds managed by private equity firm The Jordan Company, LP ("Jordan") at a price of $48.25 per share in cash. Following the closing of the proposed transaction, Echo will...
  • 09/25/2021

Supply chain woes still plague freight industry

  • Transfix CEO and President Lily Shen joins The Exchange to discuss the state of the freight and shipping markets and how stretched supply chains are right now. Shen also discusses her company's upcoming SPAC.
  • 09/21/2021

Is Echo Global Logistics (ECHO) Outperforming Other Transportation Stocks This Year?

  • Is (ECHO) Outperforming Other Transportation Stocks This Year?
  • 09/21/2021

SHAREHOLDER INVESTIGATION: Halper Sadeh LLP Investigates ECHO, KOR, GWB, FMO, BCML; Shareholders are Encouraged to Contact the Firm

  • NEW YORK, Sept. 20, 2021 /PRNewswire/ -- Halper Sadeh LLP, a global investor rights law firm, announces it is investigating the following companies: Echo Global Logistics, Inc. (NASDAQ: ECHO) concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its sale to funds managed by The Jordan Company, L.P.
  • 09/20/2021

SHAREHOLDER ALERT: WeissLaw LLP Reminds ECHO, KDMN, HRC, and DVCR Shareholders About Its Ongoing Investigations

  • NEW YORK, Sept. 17, 2021 /PRNewswire/ -- If you own shares in any of the companies listed above and would like to discuss our investigations or have any questions concerning this notice or your rights or interests, please contact: Joshua Rubin, Esq.
  • 09/17/2021

ECHO GLOBAL INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Echo Global Logistics, Inc. - ECHO

  • NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Echo Global Logistics, Inc. (NasdaqGS: ECHO) to The Jordan Company, L.P. Under the terms of the proposed transaction, shareholders of Echo Global will receive only $48.25 in cash for each share of Echo Global that they own. KSF is seeking to determine whether this consideration and the process that led to it a
  • 09/14/2021

SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Investors of an Investigation into the Fairness of the Sale of Echo Global Logistics, Inc. to The Jordan Company, L.P.

  • New York, New York--(Newsfile Corp. - September 13, 2021) - The following statement is being issued by Levi & Korsinsky, LLP:To: All Persons or Entities who purchased Echo Global Logistics, Inc. (NASDAQ: ECHO) ("Echo" or the "Company") stock prior to September 10, 2021.You are hereby notified that Levi & Korsinsky, LLP has commenced an investigation into the fairness of the sale of Echo to funds managed by The Jordan Company, L.P. ("
  • 09/13/2021

Echo Global Logistics (ECHO) Surges 52.3%: Is This an Indication of Further Gains?

  • Echo Global Logistics (ECHO) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.
  • 09/13/2021

ECHO Stock: Why It Significantly Increased

  • The stock price of Echo Global Logistics, Inc. (NASDAQ: ECHO) increased 52.3% in the previous trading session. This is why it happened.
  • 09/12/2021

SHAREHOLDER ALERT: WeissLaw LLP Investigates Echo Global Logistics, Inc.

  • NEW YORK, Sept. 10, 2021 /PRNewswire/ -- WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Echo Global Logistics, Inc. ("Echo Global" or the "Company") (NASDAQ: ECHO) in connection with the proposed acquisition of the Company by funds managed by The Jordan Company, L.P.
  • 09/10/2021

Echo Global Logistics To Be Acquired By The Jordan Company For $1.3B

  • Echo Global Logistics Inc (NASDAQ: ECHO) announced Friday that it has entered into a definitive agreement to be acquired by global private equity firm The Jordan Company for an equity value of approximately $1.3 billion. What To Know: Echo Global Logistics is a provider of technology-enabled transportation and supply chain management services.
  • 09/10/2021

Undervalued broker Echo punches out at a premium

  • Freight brokerage Echo Global Logistics announced Friday that it would be taken private by middle-market private equity shop The Jordan Co. (TJC) in a deal valued at $1.3 billion. TJC will pay cash for the outstanding shares of Echo at a price of $48.25, a 54% premium to Thursday's closing price and 32% higher than the stock's all-time high recorded in September 2018.
  • 09/10/2021

Shareholder Alert: Ademi LLP investigates whether Echo Global Logistics, Inc. has obtained a Fair Price in its transaction with Jordan Company

  • MILWAUKEE, Sept. 10, 2021 /PRNewswire/ -- Ademi LLP is investigating Echo Global (Nasdaq: ECHO), for possible breaches of fiduciary duty and other violations of law in its transaction with Jordan Company.
  • 09/10/2021

ECHO Merger Investigation: Halper Sadeh LLP Announces Investigation Into Whether the Sale of Echo Global Logistics, Inc. Is Fair to Shareholders; Investors Are Encouraged to Contact the Firm – ECHO

  • NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLP, a global investor rights law firm, is investigating whether the sale of Echo Global Logistics, Inc. (NASDAQ: ECHO) to funds managed by The Jordan Company, L.P. (“TJC”) for $48.25 per share in cash is fair to Echo shareholders. Halper Sadeh encourages Echo shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com. The inv
  • 09/10/2021

Why Echo Global Logistics Stock Is Soaring Today

  • The company has a deal to be acquired at a substantial premium.
  • 09/10/2021

Echo Global being acquired by private equity firm Jordan Co.

  • It looks like Wall Street was undervaluing Echo Global Logistics. In a deal announced Friday morning, the private equity firm Jordan Co., which has 3PL experience in an earlier ownership of GlobalTranz, said it was acquiring Echo for $48.25 per share.
  • 09/10/2021

Echo Global Logistics enters into Definitive Merger Agreement to be acquired by The Jordan Company for $48.25 per share in cash

  • CHICAGO and NEW YORK, Sept. 10, 2021 /PRNewswire/ -- Echo Global Logistics, Inc. (Nasdaq: ECHO) ("Echo"), a leading provider of technology-enabled transportation and supply chain management services, today announced that it has entered into a definitive agreement to be acquired by funds managed by The Jordan Company, L.P.
  • 09/10/2021

Has Echo Global Logistics (ECHO) Outpaced Other Transportation Stocks This Year?

  • Is (ECHO) Outperforming Other Transportation Stocks This Year?
  • 09/02/2021

Add These 4 Stocks With Impressive Interest Coverage Ratio

  • A company that is capable of generating earnings well above its interest expense can withstand financial hardship. Companies such as Dillard's (DDS), Herc Holdings (HRI), Echo Global (ECHO) and CBRE Group (CBRE) are sound enough to meet financial obligations.
  • 08/24/2021

3 Reasons Growth Investors Will Love Echo Global Logistics (ECHO)

  • Echo Global Logistics (ECHO) possesses solid growth attributes, which could help it handily outperform the market.
  • 08/19/2021

Has Echo Global Logistics (ECHO) Outpaced Other Transportation Stocks This Year?

  • Is (ECHO) Outperforming Other Transportation Stocks This Year?
  • 08/17/2021

Bet on These 4 Stocks With Exciting Interest Coverage Ratio

  • A company that is capable of generating earnings well above its interest expense can withstand financial hardship. Companies such as Herc Holdings (HRI), Echo Global (ECHO), Target (TGT) and Floor & Decor (FND) are sound enough to meet financial obligations.
  • 08/09/2021

Echo Global Logistics (ECHO) Crossed Above the 50-Day Moving Average: What That Means for Investors

  • When a stock breaks out above the 50-Day simple moving average, good things could be on the horizon. How should investors react?
  • 08/04/2021

Is Echo Global Logistics (ECHO) a Solid Growth Stock? 3 Reasons to Think " Yes "

  • Echo Global Logistics (ECHO) is well positioned to outperform the market, as it exhibits above-average growth in financials.
  • 08/03/2021

New Strong Buy Stocks for August 3rd

  • CRI, ECHO, GMS, TPH, and RE have been added to the Zacks Rank #1 (Strong Buy) List on August 3, 2021.
  • 08/03/2021

Is Echo Global Logistics (ECHO) Outperforming Other Transportation Stocks This Year?

  • Is (ECHO) Outperforming Other Transportation Stocks This Year?
  • 07/30/2021

Echo Global Logistics, Inc. (ECHO) CEO Doug Waggoner on Q2 2021 Results - Earnings Call Transcript

  • Echo Global Logistics, Inc. (ECHO) CEO Doug Waggoner on Q2 2021 Results - Earnings Call Transcript
  • 07/28/2021

Echo Global Logistics (ECHO) Q2 Earnings and Revenues Beat Estimates

  • Echo Global Logistics (ECHO) delivered earnings and revenue surprises of 37.70% and 8.38%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?
  • 07/28/2021

Echo Global Logistics beats earnings estimates and raises guidance

  • Echo Global Logistics (NASDAQ: ECHO), the Chicago-based freight brokerage, reported financial and operating results for the second quarter of 2021 on Wednesday after markets closed. The continued recovery of freight volumes and much higher trucking rates led to a record-breaking quarter for Echo.
  • 07/28/2021

Recap: Echo Global Logistics Q2 Earnings

  • Shares of Echo Global Logistics (NASDAQ:ECHO) rose in after-market trading after the company reported Q2 results. Quarterly Results Earnings per share were up 342.11% year over year to $0.84, which beat the estimate of $0.59.
  • 07/28/2021

Echo Global Logistics Reports Record Second Quarter 2021 Results

  • CHICAGO, July 28, 2021 /PRNewswire/ -- Echo Global Logistics, Inc. (NASDAQ: ECHO), a leading provider of technology-enabled transportation management services, today reported financial results for the quarter ended June 30, 2021. "Echo's record setting second quarter results reflect strong execution across our uniquely flexible business model and its ability to create significant value for our customers in the robust yet constrained freight environment.
  • 07/28/2021

Pick These 4 Stocks With Superb Interest Coverage Ratio

  • A company that is capable of generating earnings well above its interest expense can withstand financial hardship. Herc Holdings (HRI), Echo Global (ECHO), CBRE Group (CBRE) and Floor & Decor Holdings (FND) are strong enough to meet financial obligations.
  • 07/23/2021

Cavco Industries Inc Ranked Among Today's Top Buys

  • Stocks were mixed this morning, with the three major indices trading flat after an unexpected rise in jobless claims this morning. Make the most of this market with today's Top Buys.
  • 07/22/2021

Echo Global (ECHO) to Report Q2 Earnings: What's in Store?

  • Higher revenues are likely to have aided Echo Global's (ECHO) Q2 performance.
  • 07/21/2021

Is Echo Global Logistics (ECHO) a Great Value Stock Right Now?

  • Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
  • 07/20/2021

5 Stocks that are Still Dirt Cheap

  • Stocks are hitting all-time highs again but that doesn't mean some aren't classic values.
  • 07/15/2021

Echo Global Logistics Voted #1 Top 3PL for Fifth Consecutive Year in Inbound Logistics' Top 10 3PL Excellence Awards

  • CHICAGO, July 8, 2021 /PRNewswire/ -- Echo Global Logistics, Inc. (NASDAQ: ECHO), a leading provider of technology-enabled transportation management services, was voted the #1 third-party logistics provider (3PL) for the fifth year in a row by readers of Inbound Logistics in the magazine's prestigious 2021 Top 10 3PL Excellence Awards. This marks the 11th consecutive year that readers chose Echo as a top 10 3PL.
  • 07/08/2021

4 Stocks That Boast Impressive Interest Coverage Ratio

  • A company that is capable of generating earnings well above its interest expense can withstand financial hardship. Companies such as Dillard's (DDS), Target (TGT), Herc (HRI) and Echo Global (ECHO) are sound enough to meet financial obligations.
  • 07/08/2021

Echo Global Logistics Second Quarter 2021 Earnings Release and Conference Call Scheduled for Wednesday, July 28, 2021

  • CHICAGO, July 6, 2021 /PRNewswire/ -- Echo Global Logistics, Inc. (NASDAQ: ECHO), a leading provider of technology-enabled transportation and supply chain management services, announced today that it will release second quarter 2021 earnings results after the market close on Wednesday, July 28, 2021. Doug Waggoner, Chairman of the Board of Directors and Chief Executive Officer; Dave Menzel, President and Chief Operating Officer; and Pete Rogers, Chief Financial Officer, will host a conference call at 4:00 p.m.
  • 07/06/2021

Echo Global Logistics Honored with Supply & Demand Chain Executive's Green Supply Chain Award

  • CHICAGO, June 30, 2021 /PRNewswire/ -- Echo Global Logistics, Inc. (NASDAQ: ECHO), a leading provider of technology-enabled transportation management services, has earned the SDCE Green Supply Chain Award for 2020 from Supply & Demand Chain Executive, the only magazine in the supply chain industry covering the entire global supply chain. This is the third time Echo has earned this award.
  • 06/30/2021

Echo Global Logistics Named to Food Logistics' FL100+ Top Software and Technology Providers List

  • CHICAGO, June 24, 2021 /PRNewswire/ -- Echo Global Logistics, Inc. (NASDAQ: ECHO), a leading provider of technology-enabled transportation management services, earned a spot on Food Logistics' 2020 FL100+ Top Software and Technology Providers list, an annual list that showcases leading software and technology providers in the food and beverage sector. Food Logistics is the only publication exclusively dedicated to covering the movement of product through the global food supply chain.
  • 06/24/2021

3 Stocks to Cash in on Transport Services Industry's Recovery

  • 3 Stocks to Cash in on Transport Services Industry's Recovery
  • 06/16/2021

New Strong Buy Stocks for June 14th

  • New Strong Buy Stocks for June 14th
  • 06/14/2021

New Strong Buy Stocks for June 9th

  • New Strong Buy Stocks for June 9th
  • 06/09/2021

Echo Global Logistics Named One of the Top 50 Third-Party Logistics Providers by Global Trade

  • CHICAGO, June 3, 2021 /PRNewswire/ -- Echo Global Logistics, Inc. (NASDAQ: ECHO), a leading provider of technology-enabled transportation management services, has been named one of the Top 50 Third-Party Logistics Providers of 2020 by Global Trade, a prominent logistics magazine and news website focused on domestic and global expansion solutions. The "Fantastic Fifty" list honors leading 3PLs that are transforming the logistics industry through innovative technology while also providing exceptional customer service and exceeding client expectations.
  • 06/03/2021

Is Echo Global Logistics (ECHO) a Solid Growth Stock? 3 Reasons to Think " Yes "

  • Echo Global Logistics (ECHO) is well positioned to outperform the market, as it exhibits above-average growth in financials.
  • 05/28/2021

Bull of the Day: Echo Global Logistics (ECHO)

  • Bull of the Day: Echo Global Logistics (ECHO)
  • 05/24/2021

New Strong Buy Stocks for May 21st

  • New Strong Buy Stocks for May 21st
  • 05/21/2021

Echo Global Logistics Launches EchoShip Rewards Program

  • CHICAGO, May 19, 2021 /PRNewswire/ -- Echo Global Logistics, Inc. (NASDAQ: ECHO), a leading provider of technology-enabled transportation management services, announced today that after a successful pilot that began in March, it has formally launched EchoShip Rewards, a loyalty program that allows clients to earn rewards points when they book LTL and Truckload shipments via EchoShip, the company's proprietary shipping platform. EchoShip Rewards is an added benefit for clients who use EchoShip, an innovative, self-service web portal that consolidates and simplifies shipping by enabling customers to quote, book, ship, manage invoices, and track shipments in real time.
  • 05/19/2021

Echo Global Logistics (ECHO) Upgraded to Strong Buy: Here's Why

  • Echo Global Logistics (ECHO) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
  • 05/13/2021

5 Top Momentum Stocks Powered by Driehaus Strategy

  • The Driehaus strategy is perfect for investors who have the propensity to take high levels of risk.
  • 05/13/2021

Top Ranked Momentum Stocks to Buy for May 6th

  • Top Ranked Momentum Stocks to Buy for May 6th
  • 05/06/2021

New Strong Buy Stocks for May 6th

  • New Strong Buy Stocks for May 6th
  • 05/06/2021

Echo Global Logistics (ECHO) Surges 8.3%: Is This an Indication of Further Gains?

  • Echo Global Logistics (ECHO) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock suggests that there could be more strength down the road.
  • 05/06/2021

Top Stocks To Buy Today As Markets Dip Despite Amazon's Blowout Earnings

  • The markets have been up and down all week, even despite strong earnings from Amazon, Apple, Facebook, and more. Make the most of today with the top buys from Q.ai's Artificial Intelligence.
  • 04/30/2021

Echo Global Logistics to Sponsor "Highway to Hope" Benefit Concert in Support of the St. Christopher Truckers Relief Fund

  • CHICAGO, April 29, 2021 /PRNewswire/ -- Echo Global Logistics, Inc. (NASDAQ: ECHO), a leading provider of technology-enabled transportation management services, announced today that the company will sponsor Highway to Hope, a virtual benefit concert organized by the St. Christopher Truckers Relief Fund, a nonprofit organization that helps truck drivers and their families when an illness or injury puts them out of work. A portion of the proceeds from the concert will go directly to support truckers in need.
  • 04/29/2021

Echo Global Logistics' (ECHO) CEO Doug Waggoner on Q1 2021 Results - Earnings Call Transcript

  • Echo Global Logistics' (ECHO) CEO Doug Waggoner on Q1 2021 Results - Earnings Call Transcript
  • 04/29/2021

Echo Global Logistics (ECHO) Q1 Earnings and Revenues Top Estimates

  • Echo Global Logistics (ECHO) delivered earnings and revenue surprises of 29.79% and 10.55%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?
  • 04/28/2021

Recap: Echo Global Logistics Q1 Earnings

  • Shares of Echo Global Logistics (NASDAQ:ECHO) rose in after-market trading after the company reported Q1 results. Quarterly Results Earnings per share rose 221.05% over the past year to $0.61, which beat the estimate of $0.46.
  • 04/28/2021

Echo Global Logistics Reports Record First Quarter 2021 Results

  • CHICAGO, April 28, 2021 /PRNewswire/ -- Echo Global Logistics, Inc. (NASDAQ: ECHO), a leading provider of technology-enabled transportation management services, today reported financial results for the quarter ended March 31, 2021. "Echo's first quarter results represent record quarterly financial performance across the board," said Doug Waggoner, Chairman of the Board of Directors and Chief Executive Officer at Echo.
  • 04/28/2021

ECHO vs. ASR: Which Stock Should Value Investors Buy Now?

  • ECHO vs. ASR: Which Stock Is the Better Value Option?
  • 04/27/2021

Top Stocks To Buy Today After Major Indices Slip From Highs

  • After kicking off the month in the green, the markets are slowing down. With earnings season and much-anticipated inflation data coming up, the Dow Jones, S&P 500, and Nasdaq all took a dip.
  • 04/12/2021

ECHO vs. ASR: Which Stock Is the Better Value Option?

  • ECHO vs. ASR: Which Stock Is the Better Value Option?
  • 04/08/2021

Echo Global Logistics First Quarter 2021 Earnings Release and Conference Call Scheduled for Wednesday, April 28, 2021

  • CHICAGO, April 5, 2021 /PRNewswire/ -- Echo Global Logistics, Inc. (NASDAQ: ECHO), a leading provider of technology-enabled transportation and supply chain management services, announced today that it will release first quarter 2021 earnings results after the market close on Wednesday, April 28, 2021. Doug Waggoner, Chairman of the Board of Directors and Chief Executive Officer; Dave Menzel, President and Chief Operating Officer; and Pete Rogers, Chief Financial Officer, will host a conference call at 4:00 p.m.
  • 04/05/2021

Echo Global Logistics Named to Food Logistics' 2020 Top 3PL & Cold Storage Providers List

  • CHICAGO, March 29, 2021 /PRNewswire/ -- Echo Global Logistics, Inc. (NASDAQ: ECHO), a leading provider of technology-enabled transportation management services, has been named to the 2020 Top 3PL & Cold Storage Providers list by Food Logistics, the industry's only publication dedicated to food and beverage supply chains. This is the fourth year Echo has earned this recognition, which highlights leading third-party logistics and cold storage providers in the food and beverage industry.
  • 03/29/2021

Echo Global Logistics Releases Environmental, Social, and Governance (ESG) Report

  • CHICAGO, March 24, 2021 /PRNewswire/ -- Echo Global Logistics, Inc. (NASDAQ: ECHO), a leading provider of technology-enabled transportation management services, today announced the release of its first Environmental, Social, and Governance (ESG) Report, which provides an overview of the company's efforts surrounding the ESG issues that are most significant to its business and stakeholders. The report covers Echo's ESG priorities, their status, and the company's ongoing dedication to these efforts.
  • 03/24/2021

Echo Global Logistics Receives Three Awards for Exceptional Approach to Recruiting Early Career Talent

  • CHICAGO, March 18, 2021 /PRNewswire/ -- Echo Global Logistics, Inc. (NASDAQ: ECHO), a leading provider of technology-enabled transportation management services, has earned three awards for its exceptional approach to recruiting early career talent. The company has been named a 2021 Campus Forward Awards honoree by RippleMatch, a leading college recruitment platform; a Top 10 Internship Program by Scholars, a prominent player in the entry level talent space; and a Top 100 Entry Level Employer by CollegeGrad.com, the #1 entry level job site for college students and recent graduates.
  • 03/18/2021

Echo Global Logistics (ECHO) Surges 6.7%: Is This an Indication of Further Gains?

  • Echo Global Logistics (ECHO) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.
  • 03/17/2021

GlobalTranz And Echo Global Logistics Both Report 40 Percent Fourth Quarter Revenue Growth

  • GlobalTranz, a logistics service provider, put out a press release on February 23rd where they mentioned that they had achieved 40% growth in revenue, fourth quarter of 2020 compared to the fourth quarter of 2019.
  • 02/26/2021

Echo Global Logistics' (ECHO) CEO Doug Waggoner on Q4 2020 Results - Earnings Call Transcript

  • Echo Global Logistics' (ECHO) CEO Doug Waggoner on Q4 2020 Results - Earnings Call Transcript
  • 02/03/2021

Echo Global Logistics: Q4 Earnings Insights

  • Shares of Echo Global Logistics (NASDAQ:ECHO) moved higher by 0.2% in after-market trading after the company reported Q4 results. Quarterly Results Earnings per share increased 115.38% year over year to $0.56, which beat the estimate of $0.43.
  • 02/03/2021

Echo Global Logistics Fourth Quarter 2020 Earnings Release and Conference Call Scheduled for Wednesday, February 3, 2021

  • CHICAGO, Jan. 11, 2021 /PRNewswire/ -- Echo Global Logistics, Inc. (NASDAQ: ECHO), a leading provider of technology-enabled transportation and supply chain management services, announced today that it will release fourth quarter 2020 earnings results after the market close on Wednesday,...
  • 01/11/2021

Mastery Logistics hires Hartford, prominent analyst, as CFO

  • Logistics software provider Mastery Logistics said Monday that it has hired Benjamin J. Hartford, a longtime securities analyst, as its first-ever chief financial officer, thus rounding out the leadership ranks at the 21-month-old company.
  • 01/04/2021

Echo Global Logistics, Inc. (ECHO) CEO Doug Waggoner on Q3 2020 Results - Earnings Call Transcript

  • Echo Global Logistics, Inc. (ECHO) CEO Doug Waggoner on Q3 2020 Results - Earnings Call Transcript
  • 10/28/2020

Recap: Echo Global Logistics Q3 Earnings

  • Shares of Echo Global Logistics (NASDAQ:ECHO) were unchanged in after-market trading after the company reported Q3 results. Quarterly Results Earnings per share increased 2.56% year over year to $0.40, which beat the estimate of $0.29.
  • 10/28/2020

Echo Global Logistics Earnings Preview

  • Echo Global Logistics (NASDAQ: ECHO) announces its next round of earnings this Wednesday, October 28. Here is Benzinga's everything-that-matters guide for this Wednesday's Q3 earnings announcement.
  • 10/27/2020

ECHO vs. ASR: Which Stock Is the Better Value Option?

  • ECHO vs. ASR: Which Stock Is the Better Value Option?
  • 08/19/2020

Are You Looking for a Top Momentum Pick? Why Echo Global Logistics (ECHO) is a Great Choice

  • Does Echo Global Logistics (ECHO) have what it takes to be a top stock pick for momentum investors? Let's find out.
  • 08/14/2020

Here is Why Growth Investors Should Buy Echo Global Logistics (ECHO) Now

  • Echo Global Logistics (ECHO) possesses solid growth attributes, which could help it handily outperform the market.
  • 08/10/2020

Echo Chairman & CEO Doug Waggoner Named to 2020 Pros to Know List by Supply & Demand Chain Executive

  • Echo Global Logistics, Inc. (NASDAQ: ECHO), a leading provider of technology-enabled transportation management services, announced that its Chairman of the Board of Directors and Chief Executive Officer, Doug Waggoner, has been named to Supply & Demand Chain Executive's 2020 Pros to Know list for the fourth time. The honor recognizes Waggoner's pivotal role in building Echo into a key player in the logistics industry.
  • 08/06/2020

Is Echo Global Logistics (ECHO) a Great Value Stock Right Now?

  • Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
  • 08/06/2020

Echo Global Logistics, Inc. Announces Increase in Common Stock Repurchase Authorization

  • Echo Global Logistics, Inc. (NASDAQ: ECHO), a leading provider of technology-enabled transportation management services, today announced that on July 31, 2020, its Board of Directors amended its ongoing repurchase program, which provides for the repurchase of the Company's outstanding common stock, to add an additional $50 million of capacity and extend the program through July 31, 2022. As of the amendment date, and inclusive of this $50 million increase, the Company has approximately $60.2 million of repurchase availability under its repurchase program.
  • 08/04/2020

ECHO vs. ZTO: Which Stock Is the Better Value Option?

  • ECHO vs. ZTO: Which Stock Is the Better Value Option?
  • 08/03/2020

Here's Why Momentum Investors Will Love Echo Global Logistics (ECHO)

  • Does Echo Global Logistics (ECHO) have what it takes to be a top stock pick for momentum investors? Let's find out.
  • 07/29/2020

Echo Global Logistics (NASDAQ:ECHO) PT Raised to $30.00

  • Echo Global Logistics (NASDAQ:ECHO) had its price target lifted by Barrington Research from $22.00 to $30.00 in a report issued on Friday, The Fly reports. Several other brokerages have also weighed in on ECHO. Stifel Nicolaus upped their price objective on Echo Global Logistics from $24.00 to $29.00 and gave the company a buy rating […]
  • 07/27/2020

Here's What We Think About Echo Global Logistics' (NASDAQ:ECHO) CEO Pay

  • Doug Waggoner became the CEO of Echo Global Logistics, Inc. (NASDAQ:ECHO) in 2006, and we think it's a good time to...
  • 07/23/2020

Echo Global Logistics Inc (ECHO) Q3 2020 Earnings Call Transcript

  • ECHO earnings call for the period ending June 30, 2020.
  • 07/23/2020

Echo Global Logistics (ECHO) Beats Q2 Earnings and Revenue Estimates

  • Echo Global Logistics (ECHO) delivered earnings and revenue surprises of 90.00% and 10.28%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?
  • 07/22/2020

Echo Global Logistics, Inc. (ECHO) CEO Doug Waggoner on Q2 2020 Results - Earnings Call Transcript

  • Echo Global Logistics, Inc. (NASDAQ:ECHO) Q2 2020 Earnings Conference Call July 22, 2020 5:00 PM ET Company Participants Kyle Sauers - Chief Financial Officer Doug Waggoner - Chairman & Chief Executive Officer Dave Menzel - President & Chief Operating Officer Conference Call Participants Jack Atkins - Stephens Adam Kramer - Cowen and Co.
  • 07/22/2020

Echo Global Logistics: Q2 Earnings Insights

  • Shares of Echo Global Logistics (NASDAQ:ECHO) were flat in after-market trading after the company reported Q2 results.Quarterly Results Earnings per share were down 54.76% year over year to $0.19, which beat the estimate of $0.11.Revenue of $514,719,000 decreased by 7.05% from the same period last year, which beat the estimate of $470,160,000.Guidance Echo Global Logistics hasn't issued any earnings guidance for the time being.Q3 revenue expected between $565,000,000 and $615,000,000.How To Listen To The Conference Call Date: Jul 22, 2020View more earnings on ECHOTime: 05:00 PMET Webcast URL: https://ir.echo.com/Price Action Company's 52-week high was at $24.5252-week low: $14.17Price action over last quarter: Up 69.67%Company Overview Founded in 2005, Echo Global Logistics is an asset-light third-party logistics provider specializing in domestic truckload and less-than-truckload brokerage. It also offers intermodal and international air and ocean freight forwarding services, though to a lesser degree. Key strategic initiatives include gaining organic market share in the highly fragmented brokerage industry and supplementing its sales capabilities through tuck-in acquisitions. Echo completed its initial public offering in October 2009.See more from Benzinga * Earnings Scheduled For July 22, 2020(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
  • 07/22/2020

Echo Global Logistics Reports Second Quarter 2020 Results

  • Echo Global Logistics, Inc. (NASDAQ: ECHO), a leading provider of technology-enabled transportation management services, today reported financial results for the quarter ended June 30, 2020.
  • 07/22/2020

Echo Global Logistics, Inc. to Host Earnings Call

  • NEW YORK, NY / ACCESSWIRE / July 22, 2020 / Echo Global Logistics, Inc.
  • 07/22/2020

Echo Global Logistics, Inc. 2020 Q2 - Results - Earnings Call Presentation

  • The following slide deck was published by Echo Global Logistics, Inc. in conjunction with their 2020 Q2 earnings call..
  • 07/22/2020

Is Echo Global Logistics (ECHO) Stock Undervalued Right Now?

  • Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
  • 07/20/2020

Echo Global Logistics, Inc. (NASDAQ:ECHO) Given Average Recommendation of “Buy” by Brokerages

  • Echo Global Logistics, Inc. (NASDAQ:ECHO) has been given a consensus recommendation of “Buy” by the fourteen ratings firms that are currently covering the company, Marketbeat Ratings reports. Five analysts have rated the stock with a hold rating and nine have issued a buy rating on the company. The average 1 year price objective among brokerages […]
  • 07/18/2020

ECHO vs. ZTO: Which Stock Is the Better Value Option?

  • ECHO vs. ZTO: Which Stock Is the Better Value Option?
  • 07/17/2020

Echo Global Logistics Voted #1 Top 3PL for Fourth Year in a Row by Readers of Inbound Logistics

  • Echo Global Logistics, Inc. (NASDAQ: ECHO), a leading provider of technology-enabled transportation management services, has been voted the 1 third-party logistics provider (3PL) by readers of Inbound Logistics in the magazine's 2020 Top 10 3PL Excellence Awards. This is the fourth year in a row that Echo has earned the 1 ranking based on its service and quality. In addition, this year marks the tenth consecutive year that Echo has been recognized as a top 10 3PL.
  • 07/08/2020

Echo Global Logistics Second Quarter 2020 Earnings Release and Conference Call Scheduled for Wednesday, July 22, 2020

  • Echo Global Logistics, Inc. (NASDAQ: ECHO), a leading provider of technology-enabled transportation and supply chain management services, announced today that it will release second quarter 2020 earnings results after the market close on Wednesday, July 22, 2020.
  • 07/06/2020

Is Echo Global Logistics (ECHO) a Great Value Stock Right Now?

  • Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
  • 07/02/2020

ECHO or ZTO: Which Is the Better Value Stock Right Now?

  • ECHO vs. ZTO: Which Stock Is the Better Value Option?
  • 07/01/2020

Do Hedge Funds Like Echo Global Logistics, Inc. (ECHO)?

  • How do you pick the next stock to invest in? One way would be to spend days of research browsing through thousands of publicly traded companies. However, an easier way is to look at the stocks that smart money investors are collectively bullish on. Hedge funds and other institutional investors usually invest large amounts of […]
  • 06/30/2020

Echo Global Logistics Named One of the Nation's Best and Brightest Companies to Work For®

  • Echo Global Logistics, Inc. (NASDAQ: ECHO), a leading provider of technology-enabled transportation management services, has been named one of the Best and Brightest Companies to Work For in the Nation by the National Association for Business Resources. This follows Echo's recognition as one of Chicago's 2019 Best and Brightest Companies to Work For®, the fourth consecutive year Echo earned that honor.
  • 06/30/2020

Echo Global Logistics, Inc. (NASDAQ:ECHO) Shares Purchased by Alliancebernstein L.P.

  • Alliancebernstein L.P. increased its position in shares of Echo Global Logistics, Inc. (NASDAQ:ECHO) by 40.1% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 184,285 shares of the transportation company’s stock after acquiring an additional 52,780 shares during the quarter. Alliancebernstein L.P. owned […]
  • 06/26/2020

Echo Global Logistics (NASDAQ:ECHO) Upgraded to “Hold” at Zacks Investment Research

  • Echo Global Logistics (NASDAQ:ECHO) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a report released on Wednesday, Zacks.com reports. According to Zacks, “Echo Global Logistics is a leading provider of technology enabled transportation and supply chain management services, delivered on a proprietary technology platform, serving the transportation and […]
  • 06/26/2020

Echo Global Logistics Selected as a 2020 Green Supply Chain Partner by Inbound Logistics

  • Echo Global Logistics, Inc. (NASDAQ: ECHO), a leading provider of technology-enabled transportation management services, has been named a 2020 Green Supply Chain Partner by Inbound Logistics magazine. For the fourth year in a row, Echo was included in Inbound Logistics' G75, a list of 75 companies that go above and beyond to ensure their global supply chains are sustainable and their operations are environmentally friendly.
  • 06/25/2020

Analysts' Opinions Are Mixed on These Services Stocks: Cardinal Health (NYSE: CAH) and Kansas City Southern (NYSE: KSU) - Markets

  • Analysts have been eager to weigh in on the Services sector with new ratings on Cardinal Health (CAH – Research
  • 06/24/2020

Balyasny Asset Management LLC Buys 7,280 Shares of Echo Global Logistics, Inc. (NASDAQ:ECHO)

  • Balyasny Asset Management LLC increased its holdings in shares of Echo Global Logistics, Inc. (NASDAQ:ECHO) by 21.5% in the first quarter, according to its most recent filing with the SEC. The fund owned 41,171 shares of the transportation company’s stock after acquiring an additional 7,280 shares during the period. Balyasny Asset Management LLC owned about […]
  • 06/23/2020

Echo Global Logistics Awarded Three ISO Certifications for Its Quality Management System, Medical Device Quality Management System, and Environmental Management System

  • Echo Global Logistics, Inc. (NASDAQ: ECHO), a leading provider of technology-enabled transportation management services, has earned ISO 9001:2015, ISO 13485:2016, and ISO 14001:2015 certifications for its quality management system, medical device quality management system, and environmental management system, a unique achievement in the 3PL sector. The ISO standards are globally recognized management standards developed and published by the International Organization for Standardization (ISO).
  • 06/22/2020

Echo Global Logistics (ECHO) – Investment Analysts’ Weekly Ratings Changes

  • A number of firms have modified their ratings and price targets on shares of Echo Global Logistics (NASDAQ: ECHO) recently: 6/10/2020 – Echo Global Logistics was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “Echo Global Logistics is a leading provider of technology enabled transportation […]
  • 06/17/2020

Pass the parcel: How the rise of Instagram, Facebook and email has changed the game for Australia Post - SmartCompany

  • As fewer people write handwritten letters and more of us use social media to stay in touch, where does that leave Australia Post?
  • 06/17/2020

Wall Street Analysts Are Bullish on Top Services Picks - Markets

  • There’s a lot to be optimistic about in the Services sector as 2 analysts just weighed in on XPO Logistics
  • 06/16/2020

Burden of COVID-19 on the Market & Rehabilitation Plan | Food Logistics Market 2020-2024 | Rise in Use of Multimodal Transport to Boost Growth | Technavio

  • The Global Food Logistics Market will grow by USD 55.86 bn during 2020-2024
  • 06/15/2020

COVID-19 Impact: A Mix of Challenges and Opportunities | Freight Brokerage Market 2020-2024 | Increased Use of IT-Enabled Solutions to Boost Growth | Technavio

  • The freight brokerage market size has the potential to grow by $41.47 billion during 2020-2024
  • 05/27/2020

Echo Global Logistics Adds TruckPark Parking Services

  • Echo Global Logistics (NASDAQ: ECHO) is upping the value of its EchoDrive Preferred service through a strategic partnership with TruckPark. The program will give Preferred members access to TruckPark's network of overnight commercial truck parking resources at a discounted rate.EchoDrive Preferred is a complement to Echo's proprietary EchoDrive web portal and mobile app that gives carriers real-time access to search, bid, manage, track and get paid on freight hauled for Echo.The partnership will give EchoDrive Preferred members a 50% discount on parking for owner-operators and fleets with one to five trucks, and a 25% discount for company drivers and fleets with six or more trucks."At Echo, we're continuously working to simplify the lives of those in our carrier and driver community, especially during these unprecedented times," said Dave Menzel, president, and chief operating officer at Echo. "As the effects of COVID-19 continue to impact truck drivers across the country, we're proud to partner with TruckPark to help EchoDrive Preferred members save time and money when searching for parking."TruckPark offers safe truck parking for drivers around the country. Drivers (or fleets) can reserve spaces for drivers at its network of commercial lots for a fee. The average cost is typically around $15 per night.TruckPark added thousands of spaces to its network in 2019 through partnerships with several parking lot owners, including a deal with Storemytruck.com that promises to add more than 100 locations over the next two years. "At TruckPark, our company is predicated on providing the best experience for truck drivers, which includes the health and safety of drivers as well as the security of their payloads," Anthony Petitte, TruckPark CEO, said. "Having access to Echo's vast carrier network gives us the ability to greatly enhance the driver experience."Jay Gustafson, senior vice president of marketplace solutions at Echo, said providing access to parking results in more productive drivers."We know finding safe and secure overnight parking can be difficult and time-consuming for many of the drivers in our network," he said. "In fact, a recent survey of Echo drivers showed that on average, they spend about 11 hours a month looking for parking, a substantial amount of time they could instead be using to earn money on the road. By reducing the time it takes for drivers to secure parking, this partnership can truly help EchoDrive Preferred members earn more money over the course of a year."The addition of the TruckPark parking platform is a continuation of value-add services to the EchoDrive platform. Earlier this year, Echo added Preferred Lanes and Suggested Loads to the platform.Preferred Lanes and Suggested Loads are designed to improve the load-booking process by assuring carriers receive loads that fit their needs. Preferred Lanes allows carriers to set up a profile of lanes they run regularly and get notifications when shipments in these lanes are available.Similarly, Suggested Loads improves backhaul opportunities by suggesting shipments to fill empty trailers for Echo customers. Carriers can also choose to get alerts when they do a search for available shipments. Any time freight becomes available that matches that search, they are notified.EchoDrive Preferred members also benefit from enhanced payment terms based on a carrier's relationship with Echo and discounts on truck leases, preventative maintenance programs, and rental equipment, as well as discounts on fuel, maintenance, roadside service and more. Photo provided by FreightWaves. See more from Benzinga * Slowly But Surely, Technology Laggards Are Getting Up To Speed: Echo Global's Waggoner * Wall Street To C.H. Robinson: What Happened To Flexibility? * Echo Grew Q1 Revenue, But Margins Compressed During Coronavirus Surge(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
  • 05/19/2020

Echo Global Logistics Partners with TruckPark to Add New Benefits for Members of Its EchoDrive Preferred Rewards Program

  • Echo Global Logistics, Inc. (NASDAQ: ECHO), a leading provider of technology-enabled transportation management services, and TruckPark Inc., America's fastest growing truck parking and travel guidance service, today announced a strategic partnership that offers EchoDrive Preferred members access to TruckPark's extensive network of overnight, commercial truck parking resources at a discounted rate, providing an efficient and cost-effective way for truck drivers to find, reserve, and pay for guaranteed, secure parking in real time.
  • 05/19/2020

project44 führt globale, multimodale Visibilitäts- Plattform ein

  • project44, der weltweit führende Anbieter von fortschrittlicher Visibilität für Versender und Logistikdienstleister, gab heute die Einführung der Sich
  • 05/19/2020

COVID-19 And Managed Transportation: Providers Work To Handle Shipping Volatility

  • The managed transportation services (MTS) – also called managed trans - providers have planners in a control tower using TMS technology, who plan and execute loads on behalf of their customers. During the pandemic, they are working to deal with shipping volatility.
  • 05/15/2020

Analysis on Impact of Covid-19 Food Logistics Market 2020-2024 | Rise in Use of Multimodal Transport to Boost Growth | Technavio

  • The food logistics is poised to grow by USD 55.86 bn during 2020-2024, according to Technavio
  • 05/14/2020

Slync.io Appoints Oracle Veteran as New Chief Revenue Officer

  • Industry veteran, Amy Gearing joins Slync.io's leadership team as Chief Revenue Officer bringing extensive global SaaS experience to team.
  • 05/12/2020

Slowly But Surely, Technology Laggards Are Getting Up To Speed: Echo Global's Waggoner

  • Getting companies further down the supply chain to adapt new technology has always been a challenge, according to Doug Waggoner, the CEO of Echo Global Logistics (NASDAQ: ECHO).But in an interview with FreightWaves founder and CEO Craig Fuller at FreightWaves LIVE @HOME, the online event that is bringing together supply chain leaders in virtual settings, Waggoner said it was starting to get a little easier.Waggoner was asked by Fuller what things might have occurred in the freight industry had it not been hit by the COVID-19 pandemic. Echo Global has long spent significant sums of capital on technology investment. But adoption hasn't always been easy."When we put out technology for trucking companies, there are some trucking companies that are eager to adopt it and jump on the bandwagon," Waggoner said. "Same for shippers. There are some that demand it."Unfortunately, Waggoner said, "there are some that aren't ready for it."But there is change in the air. "One of the things I've seen happen because of the focus on digital is that some of those slow adopters are starting to speed up and starting to accelerate their willingness to deal with technology and go through a digital marketplace to book capacity," Waggoner added.Fuller asked Waggoner given that the brokerage space is constantly changing, whether a possible disruption coming from load boards such as DAT and Truckstop.com are a threat to companies like Echo Global. Echo needs to incorporate data from companies such as those two to make many of its freight matching tools work.Waggoner said Echo "picks our partners carefully. We do believe that some of these partnerships are important. There is a data component and there is market access."He also said he doesn't see that sort of migration by load boards into either the brokerage space or being modified so that loads can be booked directly through a load board, pushing out intermediaries. "They don't want to be competitors," Waggoner said. "They have an important function to play in the marketplace and they play it. I think they understand their place and we understand ours."Brokers have been  under fire on social media and at trucker protests from drivers who are directing their anger at low freight rates on to the brokers themselves. The anger has gotten bad enough that the head of the main brokers trade group posted an unusual video defending the industry.Waggoner did say that he believed that technology will mean a "longer-term secular compression of margins as people get more efficient and don't need to have the margins we traditionally have had."But he also addressed the current market in a way that did not speak to the anger directly but where it seemed to be the underlying message – it isn't all that the critics make it out to be.The normal lag on the way up and the way down means that there will always be periods of contracting and expanding broker margins, Waggoner said. "In the last six weeks, we've seen kind of a microcosm of how that plays out," he added.When capacity is tight, like it was in those first weeks when the pandemic hit and there was a mad rush to restock shelves, "the prices go up and third parties like Echo get their margins squeezed, because the prices we pay are going up faster than we can pass them through to our customers."And when demand softens and there is an excess of capacity, "the price we pay for that capacity falls faster than what we charge customers," Waggoner said. That's the current situation but things are changing rapidly, according to Waggoner. He described current rates as "very depressed," and said rates in the last few weeks have fallen by an "amazing" amount. Over time, prices move up or down but overall for brokers' bottom line, "the gross profit dollars or the net revenue dollars per shipment really don't fluctuate that much," Waggoner said. The picture of a brokerage company is always that of a lot of people sitting in some sort of open-plan office, working the phones or on their screens. But Echo Global, like all companies, has sent its workers home, roughly all 2,600 of them. Waggoner isn't sure in what form they'll be coming back."At some point I think we'll get everybody back at work," Waggoner said."But I think we're going to take it slow and let it kind of happen organically."But that's short- to medium-term. Longer term, Waggoner questioned whether the old ways will be necessary going forward. "I do think this causes us to question whether people need to come to work [at an office] five days a week," Waggoner said. "Maybe in a city like Chicago where you can have a (90-minute) commute one way, maybe it is a great fringe benefit for working for Echo to be able to work from home one or two days a week."Waggoner is one of those who has gained time from the lack of commuting; he described his daily trip as three hours per day.And once in the office, Waggoner said he always had an "open door policy" but spelled out some of the productivity pitfalls to that. "You invite them in and you have a 20- or 30-minute conversation," he said. "But it was in the middle of something you were doing and now you have to restart and figure out where you were and get back in the groove."Working from home now, Waggoner conceded "I'm a lot more productive."Waggoner was asked his view of the current market. He reviewed the timeline that everybody pretty much knows now – a tremendous surge in volume starting in mid-March, followed by a "major hit in truckload." "But the good news for me is that it seems like it leveled off and in the last week has started to pick up a little bit," he said. The recovery, according to Waggoner, is going to be a "U-shaped recovery," What isn't known, he added, is "whether it is a wide U or a narrow U." But for now, he said, "I think we've hit the bottom."See more from Benzinga * WHAT THE TRUCK?!? Live On Day 1 From FreightWaves LIVE @HOME (With Video) * COVID-19 Pandemic Threatens Positive Train Control Implementation * COVID-19 Study Finds Disaster Plan Readiness Linked To Fleet Size(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
  • 05/05/2020

Slowly But Surely, Technology Laggards Are Getting Up To Speed: Echo Global's Waggoner

  • Getting companies further down the supply chain to adapt new technology has always been a challenge, according to Doug Waggoner, the CEO of Echo Global Logistics (NASDAQ: ECHO)....
  • 05/05/2020

Echo Global Logistics (NASDAQ:ECHO) Upgraded to Hold by BidaskClub

  • BidaskClub upgraded shares of Echo Global Logistics (NASDAQ:ECHO) from a sell rating to a hold rating in a report published on Friday, BidAskClub reports. Other equities research analysts have also issued research reports about the company. Morgan Stanley reduced their price objective on Echo Global Logistics from $18.00 to $17.00 and set an equal weight […]
  • 05/02/2020

Barrington Reaffirms Their Buy Rating on Cra International (CRAI)

  • In a report released today, Kevin Steinke from Barrington maintained a Buy rating on Cra International (CRAI), with a price target of $59.00. The
  • 05/01/2020

Barrington Reaffirms Their Buy Rating on Cra International (CRAI)

  • In a report released today, Kevin Steinke from Barrington maintained a Buy rating on Cra International (CRAI – Research Report),
  • 05/01/2020

COVID-19 and the $15+ Billion Logistics Market, 2027: Drivers, Restraints, Opportunities, Threats

  • The "Logistics - Global Market Outlook (2018-2027)" report has been added to ResearchAndMarkets.com's offering.
  • 05/01/2020

Hub Group (HUBG) Receives a Buy from Cowen & Co.

  • Cowen & Co. analyst Jason Seidl maintained a Buy rating on Hub Group (HUBG) today and set a price target of $53.00. The company's shares closed last
  • 05/01/2020

Schneider National (SNDR) Receives a Hold from Cowen & Co.

  • In a report released today, Jason Seidl from Cowen & Co. maintained a Hold rating on Schneider National (SNDR), with a price target of $22.00. The
  • 04/30/2020

CH Robinson (CHRW) Gets a Hold Rating from Susquehanna

  • Susquehanna analyst Bascome Majors maintained a Hold rating on CH Robinson (CHRW) today and set a price target of $76.00. The company's shares closed last
  • 04/30/2020

Analysts Have Conflicting Sentiments on These Services Companies: CH Robinson (CHRW), Strategic Education (STRA) and Norfolk Southern (NSC)

  • Companies in the Services sector have received a lot of coverage today as analysts weigh in on CH Robinson (CHRW), Strategic Education (STRA) and Norfolk
  • 04/30/2020

Wall Street To C.H. Robinson: What Happened To Flexibility?

  • Wall Street transportation equities analysts weren't surprised by narrower margins in C.H. Robinson Worldwide, Inc. (NASDAQ: CHRW) freight brokerage business when the company reported earnings on April 28 after the market's close. After a year when revenue growth was hard to come by, Robinson
  • 04/30/2020

Analysts Are Bullish on These Services Stocks: Saia (SAIA), Yum! Brands (YUM)

  • There's a lot to be optimistic about in the Services sector as 3 analysts just weighed in on Saia (SAIA), Yum! Brands (YUM) and CH Robinson (CHRW) with
  • 04/30/2020

Impact of COVID-19 on the Logistics Industry, 2020 Report - ResearchAndMarkets.com

  • The "Logistics - Global Market Outlook (2018-2027)" report has been added to ResearchAndMarkets.com's offering.
  • 04/30/2020

Sharps Compliance (SMED) Gets a Buy Rating from Barrington

  • Barrington analyst Kevin Steinke maintained a Buy rating on Sharps Compliance (SMED) today and set a price target of $7.50. The company's shares closed
  • 04/30/2020

Analysts Offer Insights on Services Companies: Norfolk Southern (NSC), Lantronix (LTRX) and Yum! Brands (YUM)

  • There's a lot to be optimistic about in the Services sector as 3 analysts just weighed in on Norfolk Southern (NSC), Lantronix (LTRX) and Yum! Brands
  • 04/30/2020

Zacks Investment Research Lowers MicroStrategy (NASDAQ:MSTR) to Sell

  • MicroStrategy (NASDAQ:MSTR) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a research report issued to clients and investors on Thursday, Zacks.com reports. According to Zacks, “MicroStrategy Incorporated, a leading worldwide provider of business intelligence software, today announced that GT Nexus has selected MicroStrategy to power the customer-facing analytics […]
  • 04/30/2020

Cowen & Co. Maintains a Hold Rating on Saia (SAIA)

  • Cowen & Co. analyst Jason Seidl maintained a Hold rating on Saia (SAIA) today and set a price target of $99.00. The company's shares closed last
  • 04/29/2020

United Parcel (UPS) Receives a Hold from Credit Suisse

  • In a report released yesterday, Allison Landry from Credit Suisse assigned a Hold rating to United Parcel (UPS), with a price target of $101.00. The
  • 04/29/2020

J.P. Morgan Remains a Sell on Werner Enterprises (WERN)

  • In a report released today, Brian Ossenbeck from J.P. Morgan maintained a Sell rating on Werner Enterprises (WERN), with a price target of $38.00. The
  • 04/29/2020

J.P. Morgan Remains a Sell on Werner Enterprises (WERN)

  • In a report released today, Brian Ossenbeck from J.P. Morgan maintained a Sell rating on Werner Enterprises (WERN – Research
  • 04/29/2020

Morgan Stanley Keeps Their Sell Rating on United Parcel (UPS)

  • Morgan Stanley analyst Ravi Shanker maintained a Sell rating on United Parcel (UPS) today and set a price target of $60.00. The company's shares closed
  • 04/29/2020

Analysts Offer Insights on Services Companies: S&P Global (SPGI), United Parcel (UPS) and Starbucks (SBUX)

  • Analysts have been eager to weigh in on the Services sector with new ratings on S&P Global (SPGI), United Parcel (UPS) and Starbucks (SBUX). S&P
  • 04/29/2020

Analysts Offer Insights on Services Companies: Heidrick & Struggles (HSII) and Recon Technology (RCON)

  • Analysts fell to the sidelines weighing in on Heidrick & Struggles (HSII) and Recon Technology (RCON) with neutral ratings, indicating that the
  • 04/29/2020

Werner Enterprises (WERN) Receives a Hold from Cowen & Co.

  • In a report released today, Jason Seidl from Cowen & Co. maintained a Hold rating on Werner Enterprises (WERN), with a price target of $39.00. The
  • 04/29/2020

CH Robinson (CHRW) Received its Third Buy in a Row

  • After UBS and Stephens gave CH Robinson (NASDAQ: CHRW) a Buy rating last month, the company received another Buy, this time from Cowen & Co. Analyst
  • 04/28/2020

Credit Suisse Sticks to Its Buy Rating for Canadian Railway (CNI)

  • Credit Suisse analyst Allison Landry maintained a Buy rating on Canadian Railway (CNI) today and set a price target of $86.00. The company's shares closed
  • 04/28/2020

Credit Suisse Sticks to Its Buy Rating for Canadian Railway (CNI)

  • Credit Suisse analyst Allison Landry maintained a Buy rating on Canadian Railway (CNI – Research Report) today and set a
  • 04/28/2020

Barrington Maintains Their Buy Rating on Lawson Products (LAWS)

  • Barrington analyst Kevin Steinke maintained a Buy rating on Lawson Products (LAWS) today and set a price target of $52.00. The company's shares closed
  • 04/28/2020

Barrington Maintains Their Buy Rating on Lawson Products (LAWS)

  • Barrington analyst Kevin Steinke maintained a Buy rating on Lawson Products (LAWS – Research Report) today and set a price
  • 04/28/2020

Barrington Keeps Their Buy Rating on Cra International (CRAI)

  • Barrington analyst Kevin Steinke maintained a Buy rating on Cra International (CRAI) today and set a price target of $66.00. The company's shares closed
  • 04/28/2020

Huron Consulting (HURN) Gets a Buy Rating from Barrington

  • Barrington analyst Kevin Steinke maintained a Buy rating on Huron Consulting (HURN) today and set a price target of $77.00. The company's shares closed
  • 04/28/2020

Superior Uniform Group (SGC) Gets a Buy Rating from Barrington

  • Barrington analyst Kevin Steinke maintained a Buy rating on Superior Uniform Group (SGC) today and set a price target of $18.00. The company's shares
  • 04/28/2020

Cowen & Co. Maintains Their Buy Rating on Canadian Railway (CNI)

  • In a report released today, Jason Seidl from Cowen & Co. maintained a Buy rating on Canadian Railway (CNI), with a price target of $85.00. The
  • 04/28/2020

XPO Logistics (XPO) Gets a Buy Rating from Credit Suisse

  • Credit Suisse analyst Allison Landry maintained a Buy rating on XPO Logistics (XPO) on April 24 and set a price target of $78.00. The company's shares
  • 04/27/2020

BidaskClub Downgrades Echo Global Logistics (NASDAQ:ECHO) to Sell

  • Echo Global Logistics (NASDAQ:ECHO) was downgraded by investment analysts at BidaskClub from a “hold” rating to a “sell” rating in a research note issued to investors on Saturday, BidAskClub reports. Several other analysts have also recently weighed in on ECHO. Susquehanna Bancshares upgraded shares of Echo Global Logistics from a “neutral” rating to a “positive” […]
  • 04/27/2020

Echo Global Logistics (NASDAQ:ECHO) Rating Increased to Hold at Zacks Investment Research

  • Echo Global Logistics (NASDAQ:ECHO) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a research report issued to clients and investors on Friday, Zacks.com reports. According to Zacks, “Echo Global Logistics is a leading provider of technology enabled transportation and supply chain management services, delivered on a proprietary technology […]
  • 04/26/2020

Echo Global Logistics (NASDAQ:ECHO) Shares Up 6.8%

  • Echo Global Logistics, Inc. (NASDAQ:ECHO)’s stock price shot up 6.8% on Friday . The company traded as high as $16.15 and last traded at $15.97, 324,819 shares traded hands during mid-day trading. An increase of 26% from the average session volume of 257,395 shares. The stock had previously closed at $14.95. A number of brokerages […]
  • 04/26/2020

Analysts Are Bullish on These Services Stocks: Old Dominion Freight (ODFL), Union Pacific (UNP)

  • There's a lot to be optimistic about in the Services sector as 2 analysts just weighed in on Old Dominion Freight (ODFL) and Union Pacific (UNP) with
  • 04/24/2020

Union Pacific (UNP) Receives a Buy from Credit Suisse

  • Credit Suisse analyst Allison Landry maintained a Buy rating on Union Pacific (UNP) yesterday and set a price target of $175.00. The company's shares
  • 04/24/2020

Union Pacific (UNP) Receives a Buy from Credit Suisse

  • Credit Suisse analyst Allison Landry maintained a Buy rating on Union Pacific (UNP – Research Report) yesterday and set a
  • 04/24/2020

Analysts Offer Insights on Services Companies: Old Dominion Freight (ODFL), Patterson-UTI (PTEN) and WW Grainger (GWW)

  • Analysts have been eager to weigh in on the Services sector with new ratings on Old Dominion Freight (ODFL), Patterson-UTI (PTEN) and WW Grainger (GWW).
  • 04/24/2020

Cowen & Co. Maintains a Hold Rating on Old Dominion Freight (ODFL)

  • In a report released today, Jason Seidl from Cowen & Co. maintained a Hold rating on Old Dominion Freight (ODFL), with a price target of $138.00. The
  • 04/24/2020

Analysts Offer Insights on Services Companies: Union Pacific (UNP) and Dunkin' Brands (DNKN)

  • Companies in the Services sector have received a lot of coverage today as analysts weigh in on Union Pacific (UNP) and Dunkin' Brands (DNKN). Union
  • 04/24/2020

Analysts Offer Insights on Services Companies: Union Pacific (NYSE: UNP) and Dunkin’ Brands (NASDAQ: DNKN)

  • Companies in the Services sector have received a lot of coverage today as analysts weigh in on Union Pacific (UNP
  • 04/24/2020

Echo Global Logistics (NASDAQ:ECHO) Stock Price Down 7.9% After Analyst Downgrade

  • Echo Global Logistics, Inc. (NASDAQ:ECHO) shares were down 7.9% during mid-day trading on Thursday after JPMorgan Chase & Co. lowered their price target on the stock from $21.00 to $20.00. JPMorgan Chase & Co. currently has a neutral rating on the stock. Echo Global Logistics traded as low as $14.39 and last traded at $14.95, […]
  • 04/24/2020

XPO Logistics (XPO) Gets a Buy Rating from Cowen & Co.

  • In a report released today, Jason Seidl from Cowen & Co. maintained a Buy rating on XPO Logistics (XPO), with a price target of $125.00. The company's
  • 04/23/2020

XPO Logistics (XPO) Gets a Buy Rating from Cowen & Co.

  • In a report released today, Jason Seidl from Cowen & Co. maintained a Buy rating on XPO Logistics (XPO –
  • 04/23/2020

Analysts Conflicted on These Services Names: Landstar System (LSTR) and WNS (WNS)

  • Analysts have been eager to weigh in on the Services sector with new ratings on Landstar System (LSTR) and WNS (WNS). Landstar System (LSTR) In a report
  • 04/23/2020

Analysts Conflicted on These Services Names: Landstar System (NASDAQ: LSTR) and WNS (NYSE: WNS)

  • Analysts have been eager to weigh in on the Services sector with new ratings on Landstar System (LSTR – Research
  • 04/23/2020

Analysts Offer Insights on Services Companies: CSX (CSX) and Kinder Morgan (KMI)

  • There's a lot to be optimistic about in the Services sector as 2 analysts just weighed in on CSX (CSX) and Kinder Morgan (KMI) with bullish sentiments.
  • 04/23/2020

Analysts Offer Insights on Services Companies: CSX (NASDAQ: CSX) and Kinder Morgan (NYSE: KMI)

  • There’s a lot to be optimistic about in the Services sector as 2 analysts just weighed in on CSX (CSX
  • 04/23/2020

J.P. Morgan Maintains Their Hold Rating on Echo Global Logistics (ECHO)

  • J.P. Morgan analyst Brian Ossenbeck maintained a Hold rating on Echo Global Logistics (ECHO) today and set a price target of $20.00. The company's shares
  • 04/23/2020

Analysts Offer Insights on Services Companies: CSX (CSX), TFI International (TFII) and Baker Hughes Company (BKR)

  • Analysts have been eager to weigh in on the Services sector with new ratings on CSX (CSX), TFI International (TFII) and Baker Hughes Company (BKR). CSX
  • 04/23/2020

Echo Global Logistics slides 10.8% post Q1 results

  • Echo Global (ECHO -10.8%) reports Q1 revenue growth of 2.4% Y/Y to $551M.Truckload revenue increased 3.8% Y/Y to $367.8M and less than truckload revenue increased 1.9% Y/Y to $157.9M.Transactional rev
  • 04/23/2020

Analysts Offer Insights on Services Companies: Echo Global Logistics (ECHO), Las Vegas Sands (LVS) and Brinker International (EAT)

  • Analysts have been eager to weigh in on the Services sector with new ratings on Echo Global Logistics (ECHO), Las Vegas Sands (LVS) and Brinker
  • 04/23/2020

Knight Transportation (KNX) Receives a Hold from Cowen & Co.

  • Cowen & Co. analyst Jason Seidl maintained a Hold rating on Knight Transportation (KNX) today and set a price target of $33.00. The company's shares
  • 04/23/2020

Knight Transportation (KNX) Receives a Hold from Cowen & Co.

  • Cowen & Co. analyst Jason Seidl maintained a Hold rating on Knight Transportation (KNX – Research Report) today and set
  • 04/23/2020

Cowen & Co. Maintains Their Buy Rating on Echo Global Logistics (ECHO)

  • In a report released today, Jason Seidl from Cowen & Co. maintained a Buy rating on Echo Global Logistics (ECHO), with a price target of $23.00. The
  • 04/23/2020

Analysts Offer Insights on Services Companies: CSX (CSX) and Landstar System (LSTR)

  • Analysts fell to the sidelines weighing in on CSX (CSX) and Landstar System (LSTR) with neutral ratings, indicating that the experts are neither bullish
  • 04/23/2020

Edited Transcript of ECHO earnings conference call or presentation 22-Apr-20 9:00pm GMT

  • Q1 2020 Echo Global Logistics Inc Earnings Call
  • 04/23/2020

Echo Global Logistics, Inc. (ECHO) CEO Doug Waggoner on Q1 2020 Results - Earnings Call Transcript

  • Echo Global Logistics, Inc. (NASDAQ:ECHO) Q1 2020 Earnings Conference Call April 22, 2020, 05:00 PM ET Company Participants Kyle Sauers - CFO Doug Waggoner - Ch
  • 04/23/2020

Echo Global Logistics Inc (ECHO) Q1 2020 Earnings Call Transcript

  • ECHO earnings call for the period ending March 31, 2020.
  • 04/23/2020

Echo Grew Q1 Revenue, But Margins Compressed During Coronavirus Surge

  • Echo Global Logistics, Inc. (NASDAQ: ECHO), the Chicago-based third party logistics provider, reported its financial and operational results for the first quarter of 2020 after trading ended on Wednesday afternoon.Echo grew gross revenues by 2.4% on a year-over-year basis to $551 million in the first
  • 04/22/2020

Echo Global Logistics (ECHO) Q1 Earnings Match Estimates

  • Echo Global Logistics (ECHO) delivered earnings and revenue surprises of 0.00% and 0.13%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?
  • 04/22/2020

Echo Global Logistics (ECHO) Q1 Earnings Match Estimates

  • Echo Global Logistics (ECHO) delivered earnings and revenue surprises of 0.00% and 0.13%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?
  • 04/22/2020

Echo Global Logistics: 1Q Earnings Snapshot

  • CHICAGO (AP) _ Echo Global Logistics Inc. (ECHO) on Wednesday reported a first-quarter loss of $2.9 million, after reporting a profit in the same period a year earlier. The Chicago-based company said it had a loss of 11 cents per share. Earnings, adjusted for amortization costs and stock option expense, were 19 cents per share. The results met Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was also for earnings of 19 cents per share. The provider of supply-chain management services posted revenue of $551 million in the period, which topped Street forecasts. Four analysts surveyed by Zacks expected $550.3 million. For the current quarter ending in July, Echo Global Logistics said it expects revenue in the range of $450 million to $500 million. Echo Global Logistics shares have declined 22% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $16.23, a decline of 35% in the last 12 months. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ECHO at https://www.zacks.com/ap/ECHO
  • 04/22/2020

Echo Global Logistics: 1Q Earnings Snapshot

  • CHICAGO (AP) _ Echo Global Logistics Inc. (ECHO) on Wednesday reported a first-quarter loss of $2.9 million, after reporting a profit in the same period a year earlier. The Chicago-based company said it had a loss of 11 cents per share. Earnings, adjusted for amortization costs and stock option expense
  • 04/22/2020

Recap: Echo Global Logistics Q1 Earnings

  • Echo Global Logistics (NASDAQ:ECHO) reported Q1 results.Quarterly Results Earnings per share fell 50% over the past year to $0.19, which missed the estimate of $0.20.Revenue of $551,049,000 up by 2.41% from the same period last year, which beat the estimate of $550,880,000.Looking Ahead Q2 revenue expected between $450,000,000 and $500,000,000.Conference Call Details Date: Apr 22, 2020View more earnings on ECHOWebcast URL: https://ir.echo.com/events?item=26Technicals 52-week high: $25.9552-week low: $14.17Price action over last quarter: down 24.71%Company Profile Founded in 2005, Echo Global Logistics is an asset-light third-party logistics provider specializing in domestic truckload and less-than-truckload brokerage. It also offers intermodal and international air and ocean freight forwarding services, though to a lesser degree. Key strategic initiatives include gaining organic market share in the highly fragmented brokerage industry and supplementing its sales capabilities through tuck-in acquisitions. Echo completed its initial public offering in October 2009.See more from Benzinga * Recap: TD Ameritrade Holding Q2 Earnings * Recap: Alcoa Q1 Earnings * Morning Market Stats in 5 Minutes(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
  • 04/22/2020

Echo Global Logistics Reports First Quarter 2020 Results

  • Echo Global Logistics, Inc. (NASDAQ: ECHO), a leading provider of technology-enabled transportation management services, today reported financial results for the quarter ended March 31, 2020.
  • 04/22/2020

Echo Global Logistics, Inc. to Host Earnings Call

  • NEW YORK, NY / ACCESSWIRE / April 22, 2020 / Echo Global Logistics, Inc. (NASDAQ:ECHO) will be discussing their earnings results in their 2020 First Quarter Earnings call to be held on April 22, 2020 at ...
  • 04/22/2020

Overwatch League Commissioner Jon Spector Discusses State Of The Game During Coronavirus, Echo’s Match Debut

  • Overwatch exec Jon Spector has tried to navigate Overwatch League through a season originally scheduled for homestands for its 20 teams, but now has to focus on a whole host of logistical issues because of coronavirus.
  • 04/22/2020

Barrington Maintains Their Buy Rating on Echo Global Logistics (ECHO)

  • In a report released today, Kevin Steinke from Barrington maintained a Buy rating on Echo Global Logistics (ECHO), with a price target of $27.00. The
  • 04/22/2020

Barrington Maintains Their Buy Rating on Echo Global Logistics (ECHO)

  • In a report released today, Kevin Steinke from Barrington maintained a Buy rating on Echo Global Logistics (ECHO – Research
  • 04/22/2020

Canadian Pacific (CP) Receives a Buy from Cowen & Co.

  • Cowen & Co. analyst Jason Seidl maintained a Buy rating on Canadian Pacific (CP) today and set a price target of $260.00. The company's shares closed
  • 04/22/2020

TFI International (TFII) Received its Third Buy in a Row

  • After RBC Capital and BMO Capital gave TFI International (NYSE: TFII) a Buy rating last month, the company received another Buy, this time from Cowen
  • 04/22/2020

Echo Global Logistics Q1 2020 Earnings Preview

  • Echo Global Logistics (NASDAQ:ECHO) is scheduled to announce Q1 earnings results on Wednesday, April 22nd, after market close.The consensus EPS Estimate is $0.19 (-50.0% Y/Y) and the consensus Revenue
  • 04/21/2020

Global Logistics Market is Expected to Reach $15.88 Billion by 2027

  • According to Stratistics MRC, the Global Logistics market is accounted for $10.68 billion in 2018 and is expected to reach $15.88 billion by 2027 growing at a CAGR of 4.5% during the forecast period.
  • 04/21/2020

Investors Purchase High Volume of Call Options on Echo Global Logistics (NASDAQ:ECHO)

  • Echo Global Logistics, Inc. (NASDAQ:ECHO) was the recipient of unusually large options trading on Friday. Stock traders acquired 2,229 call options on the company. This is an increase of approximately 1,276% compared to the typical volume of 162 call options. ECHO opened at $18.12 on Friday. Echo Global Logistics has a 1-year low of $14.17 […]
  • 04/19/2020

What Did Echo Global Logistics, Inc.’s (NASDAQ:ECHO) CEO Take Home Last Year?

  • Doug Waggoner has been the CEO of Echo Global Logistics, Inc. (NASDAQ:ECHO) since 2006. This report will, first...
  • 04/18/2020

Kansas City Southern (KSU) Receives a Buy from Cowen & Co.

  • In a report released today, Jason Seidl from Cowen & Co. maintained a Buy rating on Kansas City Southern (KSU), with a price target of $154.00. The
  • 04/17/2020

Kansas City Southern (KSU) Receives a Buy from Cowen & Co.

  • In a report released today, Jason Seidl from Cowen & Co. maintained a Buy rating on Kansas City Southern (KSU
  • 04/17/2020

Free Games You Can Play Using Your Amazon Echo While You're Stuck at Home Due to the Coronavirus Lockdown

  • Alexa can now free you from your boredom!
  • 04/15/2020

XPO Logistics: A Logical Investment

  • XPO is a high quality, cash generative logistics business with technology and scale advantages over competitors. Despite having many counter-cyclical characteri
  • 04/15/2020

Analysts Estimate Echo Global Logistics (ECHO) to Report a Decline in Earnings: What to Look Out for

  • Echo Global Logistics (ECHO) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
  • 04/15/2020

Analysts Estimate Echo Global Logistics (ECHO) to Report a Decline in Earnings: What to Look Out for

  • Echo Global Logistics (ECHO) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
  • 04/15/2020

Cowen & Co. Maintains a Hold Rating on JB Hunt (JBHT)

  • Cowen & Co. analyst Jason Seidl maintained a Hold rating on JB Hunt (JBHT) today and set a price target of $103.00. The company's shares closed last
  • 04/15/2020

Cowen & Co. Maintains a Hold Rating on JB Hunt (JBHT)

  • Cowen & Co. analyst Jason Seidl maintained a Hold rating on JB Hunt (JBHT – Research Report) today and set
  • 04/15/2020

Echo Global Logistics (ECHO) Scheduled to Post Earnings on Wednesday

  • Echo Global Logistics (NASDAQ:ECHO) will be announcing its earnings results after the market closes on Wednesday, April 22nd. Analysts expect the company to announce earnings of $0.13 per share for the quarter. Echo Global Logistics has set its Q1 2020 After-Hours guidance at EPS and its FY 2020 After-Hours guidance at EPS.Investors interested in registering […]
  • 04/15/2020

Overwatch Patch Update Adds New Hero 'Echo' Along with Tweaks to In-Game Maps

  • Echo is the 32nd Hero to be added in Overwatch.
  • 04/15/2020

'Overwatch' Update: New Hero Echo Now Playable For All

  • Echo, the latest hero in “Overwatch,” is now playable for all on PC, Nintendo Switch, PlayStation 4 and Xbox One.
  • 04/15/2020

Alliancebernstein L.P. Sells 17,380 Shares of Echo Global Logistics, Inc. (NASDAQ:ECHO)

  • Alliancebernstein L.P. lowered its stake in shares of Echo Global Logistics, Inc. (NASDAQ:ECHO) by 11.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 131,505 shares of the transportation company’s stock after selling 17,380 shares during the quarter. Alliancebernstein L.P.’s holdings in […]
  • 04/14/2020

Datametrex Secures Additional $250,000 Contracts

  • Datametrex AI Limited (the “Company” or “Datametrex”) is pleased to announce that it has secured contracts for approximately $250,000 CAD with two existing clients. The first contract is for $130,000 CAD with one of LOTTE Group of companies, Global Logistics division. The second contract for approximately
  • 04/13/2020

Echo, Saia Trim Their Staffs In Wake Of COVID-19

  • Two more significant companies in the trucking and transportation field have implemented layoffs and furloughs.In response to an email query from FreightWaves, Doug Waggoner, the CEO of Echo Global Logistics, Inc. (NASDAQ: ECHO), said the third-party logistics provider (3PL) had a "small reduction" in staff this week that constitutes less than 5% of the company's workforce. In Echo's 10-K filing with the Securities and Exchange Commission for 2019, it listed 2,539 employees, up from 2,335 in 2015. "A large portion of these were furloughs and will come back as business conditions dictate," Waggoner wrote. Of those who were not furloughed but dismissed from the company, they were provided with severance, according to Waggoner. Although Echo is based in Chicago, Waggoner said the reductions took place at "many" but not all of its offices. The company's 10-k said Echo has approximately 30 locations. The Payroll Protection Plan part of the CARES Act to aid companies during the coronavirus pandemic is not available to a company like Echo because of its large size. The law's limit for a transportation company is 500 staff members or a revenue test that normally comes in around $30 million. Echo had $2.1 billion in revenue last year. Stock in Echo closed Thursday at $18.62/share. It is near its high of the past month, which was $18.94. Its low in the last month was $14.17; its 52-week high is $25.95.At less-than-truckload (LTL) carrier Saia, Inc. (NASDAQ: SAIA), spokeswoman Jeannie Jump told FreightWaves in an email that the company "temporarily re-aligned some sales functions, which included a furloughing of a small number of sales personnel."  Saia has the "intention of bringing them back as business levels warrant." No numbers on the size of the staff impacted was provided.Jump said Saia's outside salesforce is "now working remotely in a virtual sales environment. Our ability to pivot, adapt, and leverage technology has proven effective in this environment," she wrote in her email.Saia's 10-K said it had approximately 10,400 employees. It owns 77 facilities and leases 97 service centers.Saia's stock closed on April 9 at $83.34, just under the one-month high of $83.86. Its low during the one-month period was $61.46. Its 52-week high is $107See more from Benzinga * Few Markets Show Resilience This Week – FreightWaves NOW * FMCSA Waives Procedures For CDL Testing Officials * Rail Analysts Expect A Tough 6 Months(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
  • 04/10/2020

Zacks Investment Research Downgrades MicroStrategy (NASDAQ:MSTR) to Hold

  • MicroStrategy (NASDAQ:MSTR) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a research report issued on Friday, Zacks.com reports. According to Zacks, “MicroStrategy Incorporated, a leading worldwide provider of business intelligence software, today announced that GT Nexus has selected MicroStrategy to power the customer-facing analytics and reporting capabilities on […]
  • 04/10/2020

AQR Capital Management LLC Grows Stock Position in Echo Global Logistics, Inc. (NASDAQ:ECHO)

  • AQR Capital Management LLC raised its holdings in Echo Global Logistics, Inc. (NASDAQ:ECHO) by 32.5% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 29,037 shares of the transportation company’s stock after buying an additional 7,121 shares during the quarter. AQR Capital Management LLC owned […]
  • 04/10/2020

Echo Global Logistics, Inc. (NASDAQ:ECHO) Receives Average Rating of "Hold" from Analysts

  • Shares of Echo Global Logistics, Inc. (NASDAQ:ECHO) have earned a consensus rating of “Hold” from the twelve brokerages that are presently covering the firm, MarketBeat Ratings reports. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and three have issued a buy rating on the company. The […]
  • 04/09/2020

Analysts Offer Insights on Services Companies: Old Dominion Freight (ODFL), Wingstop (WING) and CSX (CSX)

  • There's a lot to be optimistic about in the Services sector as 3 analysts just weighed in on Old Dominion Freight (ODFL), Wingstop (WING) and CSX (CSX)
  • 04/08/2020

Echo Global Logistics, Inc. (NASDAQ:ECHO) Shares Sold by Credit Suisse AG

  • Credit Suisse AG decreased its holdings in Echo Global Logistics, Inc. (NASDAQ:ECHO) by 16.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 17,667 shares of the transportation company’s stock after selling 3,459 shares during the period. Credit Suisse […]
  • 04/08/2020

Are Investors Undervaluing Echo Global Logistics, Inc. (NASDAQ:ECHO) By 29%?

  • Today we will run through one way of estimating the intrinsic value of Echo Global Logistics, Inc. (NASDAQ:ECHO) by...
  • 04/07/2020

Should Echo Global Logistics, Inc.’s (NASDAQ:ECHO) Weak Investment Returns Worry You?

  • Today we'll evaluate Echo Global Logistics, Inc. (NASDAQ:ECHO) to determine whether it could have potential as an...
  • 04/07/2020

Echo Global Logistics First Quarter 2020 Earnings Release and Conference Call Scheduled for Wednesday, April 22, 2020

  • Echo Global Logistics, Inc. (NASDAQ: ECHO), a leading provider of technology-enabled transportation and supply chain management services, announced today that it will release first quarter 2020 earnings results after the market close on Wednesday, April 22, 2020.
  • 04/06/2020

NIPPON YUSEN KA/S (OTCMKTS:NPNYY) Raised to "Hold" at ValuEngine

  • ValuEngine upgraded shares of NIPPON YUSEN KA/S (OTCMKTS:NPNYY) from a sell rating to a hold rating in a research report sent to investors on Thursday, ValuEngine reports. NPNYY opened at $2.43 on Thursday. The business has a fifty day moving average price of $2.71 and a 200 day moving average price of $3.32. The stock […]
  • 04/06/2020

Through COVID-19 Pandemic, Seaboard Marine Carries Your Critical Commodities

  • For nearly 40 years, Seaboard Marine has served the Western Hemisphere carrying cargo to some of the world's hardest-hit countries in the aftermath of natural disasters. But, no situation has come close to the recent pandemic affecting nearly every country on earth. This extraordinary epidemic has
  • 04/03/2020

Goldman Sachs Group Inc. Acquires 82,574 Shares of Echo Global Logistics, Inc. (NASDAQ:ECHO)

  • Goldman Sachs Group Inc. lifted its holdings in Echo Global Logistics, Inc. (NASDAQ:ECHO) by 12.9% in the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 723,194 shares of the transportation company’s stock after acquiring an additional 82,574 shares during the quarter. Goldman Sachs Group Inc. owned […]
  • 04/03/2020

SAS turns to cargo flights using idled passenger planes

  • SAS said on Monday it was eyeing more cargo flights using regular passenger aircraft after its first such journey, from Stockholm to Chicago, in co-operation with a Danish logistics firm. The passenger travel industry has been brought to its knees by the coronavirus pandemic and SAS is the latest in
  • 03/30/2020

SAS turns to cargo flights using idled passenger planes

  • SAS said on Monday it was eyeing more cargo flights using regular passenger aircraft after its first such journey, from Stockholm to Chicago, in co-operation with a Danish logistics firm.
  • 03/30/2020

Does Market Volatility Impact Echo Global Logistics, Inc.’s (NASDAQ:ECHO) Share Price?

  • If you own shares in Echo Global Logistics, Inc. (NASDAQ:ECHO) then it's worth thinking about how it contributes to...
  • 03/27/2020

Echo Global Logistics Sees Unusually High Options Volume (NASDAQ:ECHO)

  • Echo Global Logistics, Inc. (NASDAQ:ECHO) saw unusually large options trading activity on Thursday. Investors bought 2,609 call options on the company. This represents an increase of approximately 2,272% compared to the average daily volume of 110 call options. In other Echo Global Logistics news, COO David B. Menzel sold 20,000 shares of the company’s stock […]
  • 03/27/2020

How to play Audible books on your Alexa-enabled smart speaker

  • You can easily play any Audible book on the Alexa app and make your Amazon Echo smart speaker read the book aloud.
  • 03/27/2020

How to add new skills to your Alexa-enabled device in 3 different ways

  • You can add skills to Alexa using the Alexa mobile app, the Amazon website, or even voice commands on your Echo speaker.
  • 03/27/2020

Echo Global Logistics (NASDAQ:ECHO) Stock Price Up 5.8%

  • Shares of Echo Global Logistics, Inc. (NASDAQ:ECHO) rose 5.8% during trading on Tuesday . The company traded as high as $18.42 and last traded at $17.77, approximately 356,176 shares were traded during trading. An increase of 39% from the average daily volume of 256,770 shares. The stock had previously closed at $16.80. A number of […]
  • 03/26/2020

goPuff Executive, Christopher DeSousa Joins Driven Deliveries' Board of Directors

  • Driven Deliveries Inc. (the "Company" or Driven) (OTC: DRVD), California's fastest growing online cannabis retailer and direct-to-consumer logistics company, announced today that Christopher DeSousa has joined the company's Board of Directors.
  • 03/25/2020

Citigroup Inc. Sells 11,933 Shares of Echo Global Logistics, Inc. (NASDAQ:ECHO)

  • Citigroup Inc. lowered its position in Echo Global Logistics, Inc. (NASDAQ:ECHO) by 47.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 13,442 shares of the transportation company’s stock after selling 11,933 shares during the period. Citigroup Inc.’s holdings in Echo Global Logistics […]
  • 03/25/2020

Great West Life Assurance Co. Can Takes $692,000 Position in Echo Global Logistics, Inc. (NASDAQ:ECHO)

  • Great West Life Assurance Co. Can acquired a new stake in Echo Global Logistics, Inc. (NASDAQ:ECHO) in the 4th quarter, according to the company in its most recent filing with the SEC. The fund acquired 33,677 shares of the transportation company’s stock, valued at approximately $692,000. Other large investors also recently added to or reduced […]
  • 03/24/2020

Knight Transportation (KNX) Received its Third Buy in a Row

  • After Merrill Lynch and UBS gave Knight Transportation (NYSE: KNX) a Buy rating last month, the company received another Buy, this time from Morgan
  • 03/23/2020

Echo Global Logistics, Inc. (NASDAQ:ECHO) Stake Lifted by Prudential Financial Inc.

  • Prudential Financial Inc. increased its stake in Echo Global Logistics, Inc. (NASDAQ:ECHO) by 32.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 58,271 shares of the transportation company’s stock after acquiring an additional 14,334 shares during the period. Prudential Financial […]
  • 03/23/2020

Echo Global Logistics (NASDAQ:ECHO) Stock Rating Upgraded by BidaskClub

  • Echo Global Logistics (NASDAQ:ECHO) was upgraded by equities researchers at BidaskClub from a “sell” rating to a “hold” rating in a research note issued to investors on Friday, BidAskClub reports. Several other brokerages have also recently commented on ECHO. Barrington Research started coverage on shares of Echo Global Logistics in a research note on Tuesday, […]
  • 03/22/2020

Increase Your Productivity at Home: Alexa and Echo Devices to Make This Easier

  • Here are devices that make working at home effortless!
  • 03/22/2020

InnerWorkings (INWK) Receives a Buy from Barrington

  • Barrington analyst Kevin Steinke maintained a Buy rating on InnerWorkings (INWK) today and set a price target of $4.50. The company's shares closed last
  • 03/20/2020

InnerWorkings (INWK) Receives a Buy from Barrington

  • Barrington analyst Kevin Steinke maintained a Buy rating on InnerWorkings (INWK – Research Report) today and set a price target
  • 03/20/2020

Cowen & Co. Maintains Their Hold Rating on CSX (CSX)

  • In a report released yesterday, Jason Seidl from Cowen & Co. maintained a Hold rating on CSX (CSX), with a price target of $70.00. The company's
  • 03/19/2020

Canadian Railway (CNI) Receives a Buy from Cowen & Co.

  • In a report released yesterday, Jason Seidl from Cowen & Co. maintained a Buy rating on Canadian Railway (CNI), with a price target of $89.00. The
  • 03/19/2020

Canadian Railway (CNI) Receives a Buy from Cowen & Co.

  • In a report released yesterday, Jason Seidl from Cowen & Co. maintained a Buy rating on Canadian Railway (CNI –
  • 03/19/2020

Union Pacific (UNP) Gets a Buy Rating from Cowen & Co.

  • Cowen & Co. analyst Jason Seidl maintained a Buy rating on Union Pacific (UNP) yesterday and set a price target of $156.00. The company's shares
  • 03/19/2020

Union Pacific (UNP) Gets a Buy Rating from Cowen & Co.

  • Cowen & Co. analyst Jason Seidl maintained a Buy rating on Union Pacific (UNP – Research Report) yesterday and set
  • 03/19/2020

Cowen & Co. Keeps a Buy Rating on Kansas City Southern (KSU)

  • In a report released yesterday, Jason Seidl from Cowen & Co. maintained a Buy rating on Kansas City Southern (KSU), with a price target of $162.00.
  • 03/19/2020

Norfolk Southern (NSC) Receives a Buy from Cowen & Co.

  • In a report released yesterday, Jason Seidl from Cowen & Co. maintained a Buy rating on Norfolk Southern (NSC), with a price target of $200.00. The
  • 03/19/2020

Cowen & Co. Maintains Their Buy Rating on Canadian Pacific (CP)

  • Cowen & Co. analyst Jason Seidl maintained a Buy rating on Canadian Pacific (CP) yesterday and set a price target of $270.00. The company's shares
  • 03/19/2020

NIPPON YUSEN KA/S (OTCMKTS:NPNYY) Lowered to "Sell" at ValuEngine

  • NIPPON YUSEN KA/S (OTCMKTS:NPNYY) was downgraded by stock analysts at ValuEngine from a “hold” rating to a “sell” rating in a research note issued to investors on Thursday, ValuEngine reports. Shares of OTCMKTS NPNYY opened at $2.12 on Thursday. The firm has a market cap of $1.77 billion, a PE ratio of -8.15 and a […]
  • 03/19/2020

ArrowMark Colorado Holdings LLC Raises Stake in Echo Global Logistics, Inc. (NASDAQ:ECHO)

  • ArrowMark Colorado Holdings LLC increased its stake in shares of Echo Global Logistics, Inc. (NASDAQ:ECHO) by 35.7% during the fourth quarter, HoldingsChannel.com reports. The firm owned 1,308,938 shares of the transportation company’s stock after buying an additional 344,378 shares during the period. ArrowMark Colorado Holdings LLC’s holdings in Echo Global Logistics were worth $27,095,000 at […]
  • 03/19/2020

Echo Global Logistics Employee In Chicago Tests Positive For Coronavirus

  • An employee at the Chicago headquarters of Echo Global Logistics tested positive for the coronavirus, company officials confirmed to FreightWaves on Wednesday. Company officials said they are working with the Illinois Department of Health to follow appropriate guidelines and procedures. "The incident was in our Chicago office, and we are implementing a deep cleaning," said Christopher Clemmensen, senior vice president of marketing at Echo Global Logistics. "We expect that to be completed today and to re-open the office for any employee that prefers to work in our facility." Clemmensen said Echo Global Logistics had already taken "steps to implement our Business Continuity Plan last week." "Our entire workforce has been enabled to work from home. Prior to the identification that someone had tested positive, the vast majority of our workforce was working from home and we are executing at full capacity. We are absolutely open for business and executing for our clients and carriers," Clemmensen said.
  • 03/18/2020

Analysts Offer Insights on Services Companies: FedEx (FDX), Sirius XM Holdings (SIRI) and Children's Place (PLCE)

  • Companies in the Services sector have received a lot of coverage today as analysts weigh in on FedEx (FDX), Sirius XM Holdings (SIRI) and Children's Place
  • 03/18/2020

Overwatch Hero 32: Who is Echo? He's the Latest Leaked New Character!

  • Who is Echo?
  • 03/18/2020

Is There An Opportunity With Echo Global Logistics, Inc.’s (NASDAQ:ECHO) 38% Undervaluation?

  • How far off is Echo Global Logistics, Inc. (NASDAQ:ECHO) from its intrinsic value? Using the most recent financial...
  • 03/17/2020

Echo Energy : Statement re Oil Price Volatility | MarketScreener

  • RNS Number : 3727G Echo Energy PLC 17 March 2020 17 March 2020 … | March 17, 2020
  • 03/17/2020
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