Freight Brokerage

Tony Mulvey Wednesday, July 22, 2020

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 […]

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Emily Ricks Tuesday, July 14, 2020

Daily infographic: Traditional vs. digital brokers

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