S&P Global warns of looming problems at Odyssey as it cuts rating
Odyssey Logistics’ debt rating was cut by S&P with some grim forecasts for next year.
Odyssey Logistics’ debt rating was cut by S&P with some grim forecasts for next year.
Carriers, logistics providers and ports are investing millions into new freight infrastructure projects as they prepare for long-term supply chain growth.
Echo Global will once again face a South Carolina court following a judge’s order tied to Montgomery.
Jesse Elison, a top FMCSA official, talked a post-Montgomery world at a Cleveland event.
Two debt ratings agencies have given a vote of confidence in Echo Global Logistics’ recent acquisition of ITS Logistics. Neither Moody’s nor S&P Global Ratings changed their debt rating on Echo Global, which is privately-owned but does have publicly-traded debt. But the outlook on Echo Global from both companies was increased to positive from stable, […]
Echo Global Logistics announced it has completed its acquisition of ITS Logistics, creating a $5.2 billion, full-service supply chain services platform.
Despite temporary inland bottlenecks and manufacturing pauses, brokers and parcel operators say cross-border commerce remained largely intact during Mexico’s recent security turmoil.
The freight market is entering 2026 with cautious optimism replacing the extreme volatility of recent years. As market dynamics evolve, shippers and carriers are approaching the year with notably different strategies, according to new survey data from Echo Global Logistics. Echo surveyed 1,024 shippers and 832 carriers between October and November 2025, capturing expectations that […]
At FreightWaves’ 2025 F3: Future of Freight Festival, Christopher Clemmensen, Executive Vice President of Marketing at Echo Global Logistics, sat down with Brad Guinane, Chief Revenue Officer at SONAR, to discuss how shippers are navigating today’s increasingly complex freight environment and building more resilient, end-to-end supply chain strategies.
At FreightWaves’ 2025 F3: Future of Freight Festival, Zach Jecklin, Chief Information Officer at Echo Global Logistics, sat down with FreightWaves to discuss the changing landscape of AI and its place in the modern transportation and logistics space.
FreightWaves’ Thomas sits down with Jeff Starr, senior vice president of marketplace solutions at Echo Global Logistics, to talk about trends in freight fraud and what Echo does to stay ahead of bad actors.
Echo gets 4 million square feet of warehouse space and a massive drop trailer pool.
This week in Borderlands Mexico: Tariff noise to stay loud in 2026, Flexport warns importers; Echo Global Logistics launches EchoXBorder; and LS Cable & System USA opens logistics hub near Po
AI and the return of incumbent companies drove this year’s list.
Echo Global B3 rating by Moody’s highlights steady earnings despite challenges in a soft freight market.
Supreme Court to decide on broker liability, impacting logistics law.
Echo Global Logistics opens an office in Monterrey to meet rising U.S.-Mexico trade demand.
Moody’s has cut Odyssey Logistics debt rating amid weak freight market.
C.H. Robinson had its debt rating increased by S&P Global, and its reduction in staffing is a key reason.
TQL is trying to get the Supreme Court to rule on the issue of broker liability after it lost at the Sixth Circuit.
Echo Global Logistics announced it has acquired Huntington Beach, California-based 3PL FreightSaver for an undisclosed sum.
The brokerage industry may have two cases seeking Supreme Court guidance on a key issue of broker liability.
Echo Global Logistics has emerged as a standout performer in the freight industry’s battle against fraud, earning recognition as a winner of the 2025 FreightWaves Fraud Fighter Awards. With an impressive record of delivering over one million truckload shipments in 2024 while maintaining a loss rate of less than 0.01% due to theft, Echo has […]
The logistics industry is navigating a period of rapid change as economic shifts, rising fuel costs, regulatory updates and digital transportation are accelerating the need for flexible logistics strategies across the supply chain. Carriers, shippers, and 3PLs are embracing data-driven decision-making and proactive logistics strategies to stay competitive. To gain more insight into how shippers […]
FreightWaves partnered with Echo Global Logistics to collect and analyze comprehensive survey data from carriers and shippers for 2025 pricing trends, volume expectations, major challenges, and shifting demand patterns.
Transportation providers and tech startups are among the winners of the 2025 FreightWaves Fraud Fighters Awards.
This week in Borderlands: Tariffs could lead Mexico into recession, report says; Echo Global Logistics expands operations in Mexico; Americold acquires logistics facility near Houston; and GM agrees to 10.25% wage increase at Mexican plant.
Zach Jecklin of Echo Global Logistics discusses the importance of providing good service through difficult freight markets, Echo’s strategy to leverage AI and how technology can help maintain relationships without eliminating human oversight.
Doug Waggoner, CEO of Echo Global Logistics, discusses the strategy of accepting risk losses on contract freight in order to remain in good standing with shippers and take advantage of higher margins in the spot market.
Echo Global has been removed as a defendant in a fatal crash case, another victory for brokers seeking to avoid liability.
Expertise is key to navigating cargo insurance, security and customs issues in Mexico.
Due to nearshoring trends and an increase of manufacturing in Mexico, many US-based shippers are learning to manage operations across the southern border. Thankfully, Echo Global Logistics provides support, contingency planning and access to insurance through Reliance Partners to help companies mitigate the risks of operating in Mexico.
Roadtex moves partial truckload shipments via consolidated full truckloads directly from its 32 nationwide warehouse centers to the retailer, resulting in less handling and better OTIF rates.
Fastmore Logistics highlights its proven track record of picking the right carrier and using technology, people and processes to deliver service and security.
Zach Jecklin, chief information officer at Echo Global Logistics, spoke with FreightWaves about Echo’s pairing of people and technology and how it’s reshaping the industry.
Shippers at constant risk of damaged freight, and often only recover a fraction of the value with carrier liability, says Echo Global Logistics SVP Molly Mangan.
This week in Borderlands: Echo Global Logistics grows cross-border footprint as trade booms; Maersk launches cross-border warehouse in Tijuana; Yokohama announces $380M tire plant in Mexico; and Legendz Way to open distribution center in North Texas.
Echo Global Logistics CEO Doug Waggoner sees the potential for spot rates to rebound by the end of the year.
Shippers can unlock 10-15% cost reduction via an analytical approach, handled entirely by a trusted partner
Echo will leverage Navix’s ecosystem of billing data to automate its freight-auditing capabilities.
Echo’s Frank Hurst spoke with FreightWaves about how the recent Roadtex acquisition has changed reefer LTL.
A panel at a conference on private equity in transportation reviewed the reasons why Convoy collapsed.
Echo Global Logistics’ EchoShip platform is transforming the partial truckload shipping landscape, offering unparalleled efficiency and cost-effectiveness for shippers and carriers.
Tough freight market hits Echo’s debt ratings, down a notch at S&P.
Echo Global Logistics leverages a variety of intelligence capabilities to provide shippers and carriers with solutions that meet them where they are in their technology adoption journeys.
Cold chain failures lead to the same profit losses and headaches as other supply chain mishaps, but on a much greater scale.
Echo Global Logistics has held true to the same goal since its inception almost 20 years ago: Make transportation management simpler.
Echo Global Logistics said it has hired former Roadrunner president Frank Hurst and XPO operations vice president Phil Resendiz to lead its less-than-truckload efforts.
Echo Global Logistics’ contractual sourcing and continuous movement programs are helping owner-operators stay the course amid market volatility.
The transportation industry experienced a freight frenzy like no other last year. Following one of the most disruptive years in economic history, 2021 proved to be the rebound that the industry was hoping for as markets began to reopen with unprecedented goods demand and as COVID-19- related restrictions began to expire. The resumption of consumer […]
Echo Global Logistics said it has acquired Fastmore Logistics, a brokerage with a specialized carrier network and expertise selling to international freight forwarders.
Echo looks to push aggressively into the managed logistics solutions category.
Just as shippers and carriers vary in size and complexity, so too should the technology that automates their processes.
Jay Gustafson of Echo Global Logistics discusses the traits that determine if a broker’s technology can support the growth of an enterprise fleet in any market.
Echo Global Logistics announced its first acquisition since being taken private last year. It signed an agreement to acquire temperature-controlled services provider Roadtex Transportation.
As part of FreightWaves’ The Future of Supply Chain event, Echo will be demonstrating its EchoShip self-service web portal.
Echo’s CIO aims to further tech innovations, including API improvements for shippers and carriers.
CCO Sean Burke shares results from Echo’s recent survey on shipper sentiment for the RFP season.
Echo Global Logistics’ Jay Gustafson describes the best formula for managing transportation needs.
Private ownership would allow Echo to accelerate M&A and technology investments.
Echo Global Logistics’ Mike Mobley and Jamie Petrzelka detail the benefits of leveraging the company’s experts to manage transportation networks.
Both reports see debt levels rising initially but with a steady move toward a more reasonable level of coverage.
Freight broker Echo Global Logistics reports better-than-expected third-quarter results in what is likely its last public quarterly report.
Following one of the most tumultuous years in recent history, 2021 has been interesting to say the least. Through the ups and downs of what’s been a rebound year, the trucking industry already has its sights set on 2022. What’s in store for trucking next year? No one can say for sure, but who better […]
An analyst surmises that Amazon was the other part of the love triangle.
The logistics arm of Cheema Freightlines announced it has acquired 3PL provider Walker Logistics.
Echo’s Sean Burke advises building as much flexibility as possible into the planning process this fall.
El mercado para la compra y venta de proveedores logísticos a terceros y corredores de carga está al rojo vivo, según los banqueros de inversión de Capstone Partners, Burke Smith y Nathan Feldman.
Capstone Partners explains why brokerages are so expensive.
Private equity takeout allows Echo Global Logistics’ equity value to rise to that of its peers. Management believes its new affiliation with deeper pockets opens up bigger M&A opportunities.
The new owners of Echo have portfolio investments in several other logistics companies.
Despite the significant drop in price, lumber remains an expensive commodity. Whether the price will continue to fall is uncertain.
Management has raised full-year revenue guidance to $3.45 billion-$3.55 billion.
With capacity tight across the board, difficulty in sourcing reefer trailers may spill into other segments as produce season continues.
Food service providers can expect to be extremely busy as COVID-19 fears subside.
Trucking companies, third-party logistics providers (3PLs), brokers, shippers and members of the FreightTech community share their thoughts on produce shipping for the 2021 season.
Hunker down once more; things appear to be heating up for LTL demand heading into the summer months.
Waggoner delivered record EPS in a difficult environment.
On this episode of The Stockout Mike Baudentistel explores the possibility of companies hitting the market soon.
In 2020, J.B. Hunt reported more than 1.2 million loads were processed through its platform, exceeding $1.4 billion in transactions.
Echo Global Logistics CEO Doug Waggoner talks about the future of logistics and the role of technology in pushing the transportation industry forward.
Dooner and The Dude catch up with Thomas Healy from Hyliion during the first episode of WHAT THE TRUCK?!? for FreightWaves Global Supply Chain Week.
In today’s edition of The Daily Dash, offering up a to-do list for new Transportation Secretary Pete Buttigieg. Plus, recapping the latest earnings and how Bezos changed logistics.
Kevin Hill and Michael Vincent look at recent earnings reports and hear how the grain season is going for American exporters.
Freight brokerage Echo Global Logistics rode truckload volatility to record quarterly revenues.
Benjamin Hartford joins Marie Colbert and Derek Nelson to fill out Mastery’s top executive ranks.
Echo exec Gustafson has praise for technological changes
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 […]
Torch’s technology creates an experience tailored to the needs of shipments under 550 miles.
FreightWaves has produced a white paper, in partnership with Echo Global Logistics, reviewing the current state of various industrial freight verticals and future forecasts for each.
In today’s edition of The Daily Dash, the future of Nikola’s Badger electric pickup is up in the air; President Donald Trump signs a one-year funding extension for surface transportation programs; and a major survey on truck parking nears completion.
Echo Global has added a Book Now tool to its EchoDrive platform, allowing dispatchers and truck drivers to instantly book loads without the need for phone calls or emails.
Jack Mahoney will take over for the retiring Guy Stephenson.
In today’s edition of The Daily Dash, fleets looking for excess insurance coverage are paying top dollar; Landstar projects a strong Q3; and Waymo will test autonomous vehicles in the last mile.
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 […]
Throughout the pandemic, Echo Global Logistics has remained busy moving goods and giving back to those in need as it contemplates a new normal.
Echo Global Logistics is adding truck parking reservation service TruckPark to its EchoDrive Preferred platform, allowing drivers to easily reserve parking spaces through the web portal or app.
Freight’s leaders discuss the Impact of COVID-19, the adoption of technology, and the future of freight from FreightWaves LIVE @Home
FreightWaves conducted a survey of consumer packaged goods (CPG) shippers in April to gauge sentiment, transportation trends and current dynamics in the CPG supply chain. Sponsored by Echo Global Logistics
FreightWaves LIVE @HOME kicked off its three-day virtual event with keynote addresses from J.B. Hunt’s Shelley Simpson, Revolution’s Ron Klain, and Echo Global Logistic’s Doug Waggoner among many others.