Carriers hold pricing power after sluggish start to Q4
Strong freight volumes signal that carriers are firmly in the driver seat with regards to pricing power.
Carriers grip pricing power firmly as Q3 comes to a close
Strong freight volumes signal that carriers are firmly in the driver seat with regards to pricing power.
Pricing power firmly in carriers’ hands as rates snap back
Spot rate snap back signals that carriers are firmly in the driver seat with regards to pricing power.
Erasing Labor Day noise as load volumes set new all-time high
In this sensitive market, small changes to the balance have deep, long lasting impacts.
Echo smashes estimates, reporting record revenue and volume
In third-quarter 2020 financial and operational results released after trading ended on Wednesday afternoon, Chicago-based third-party logistics provider Echo Global Logistics (NASDAQ: ECHO) reported record gross revenues, which grew by 23.2% year-over-year to $691.5 million. That smashed the consensus estimate of $608 million and was $76.5 million more than the upper limit of guidance provided […]
Echo beats on both revenue and earnings
In second-quarter 2020 financial and operational results released after trading ended on Wednesday afternoon, Chicago-based third-party logistics provider Echo Global Logistics (NASDAQ: ECHO) reported gross revenues fell by 7.1% on a year-over-year basis to $514.7 million. That beat the consensus estimate of $475 million, largely driven by decreases in less-than-truckload (LTL) volumes and revenue per […]