Fleet Management

Echo Global Logistics

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April 25, 2018 - Industry News

Earnings Watch: 1st Quarter Earnings up as Fleets Grapple with Driver Shortage

A load of publicly held trucking fleets released first quarter 2018 earnings – Forward Air, Knight-Swift, Landstar, Covenant, Echo Global, and Heartland – with all but one reporting better numbers than the same time a year ago.

Tags: Covenant Transport, Heartland Express, Forward Air, Swift Transportation, Knight Transportation, Echo Global Logistics, Landstar System, Covenant Transportation Group, Fleet Earnings, Knight-Swift

February 7, 2018 - Industry News

Earnings Watch: Better Profits for XPO, Forward Air, Echo Global Logistics

Most trucking companies so far this earnings reporting season are reporting big gains in profits in both the fourth quarter of last year as well as for all of 2017. This is due in large part to tax reform legislation, and numbers released Wednesday were no exception.

Tags: Forward Air, XPO Logistics, Echo Global Logistics, Fleet Earnings

April 26, 2017 - Industry News

Earnings Watch: Landstar, Forward Air, Hub Group, TFI, Patriot and Echo Global

At a time when many publicly held trucking companies are reporting lower, if not sharply lower, first quarter profits, one stood out among the herd of numbers released Wednesday while another saw a slight improvement in earnings.

Tags: Patriot Transportation, Forward Air, Echo Global Logistics, Hub Group, Landstar System, Fleet Earnings, CFI

October 27, 2016 - Industry News

Earnings Watch: UPS, ODFL Rise; Knight, P.A.M., Hub, Echo Fall

At a time when many trucking companies are reporting lower third quarter profits, two report slight gains – but they remain the exception rather than the rule.

Tags: Economy, UPS, Old Dominion Freight Line, Knight Transportation, UPS Freight, Echo Global Logistics, Hub Group, PAM Transport, Fleet Earnings

July 27, 2016 - Industry News

Earnings Watch: Covenant, Knight, Roadrunner See Lower Profits

Phrases such a “challenging freight market” and a freight environment that’s “less attractive” continued to be some of the buzz words Wednesday as another raft of second quarter corporate earnings washed ashore, while one company defied the trend with its net income soaring more than 300%.

Tags: Economy, Covenant Transport, Roadrunner Transportation, Knight Transportation, Echo Global Logistics, Covenant Transportation Group, Fleet Earnings

August 10, 2015 - Industry News

Earnings Watch: XPO Logistics, Echo Global Logistics

Two varied freight transportation and logistics providers recently reported second quarter earnings, with one showing a big leap in business following two purchases while the other moved into the red, but only slightly.

Tags: Economy, XPO Logistics, Echo Global Logistics, Fleet Earnings

April 21, 2015 - Industry News

Echo Global Buys Command Transportation for $420 Million

Echo Global Logistics Inc. Tuesday announced an agreement to purchase one of the largest privately owned truckload brokers and non-asset based freight transportation providers in the U.S. The company also reported improved Q1 earnings.

Tags: Earnings, Mergers & Acquisitions, Echo Global Logistics

February 6, 2015 - Industry News

Echo Global Logistics Makes Purchase, Increases Profit Almost 70%

Echo Global Logistics Makes Purchase, Increases Profit Almost 70%

Tags: 3PL, Mergers & Acquisitions, Echo Global Logistics

May 14, 2014 - Industry News

Echo Global Logistics Purchases One Stop Logistics

Third-party logistics and supply chain management services provider, Echo Global Logistics, has purchase One Stop Logistics, headquartered in Watsonville, Calif., and is now doing business under the Echo name.

Tags: Mergers & Acquisitions, Echo Global Logistics

February 26, 2014 - Industry News

Echo Global Logistics Purchases Comcar Logistics

Echo Global Logistics has announced its acquisition of Comcar Logistics, a non-asset-based truckload brokerage based in Jacksonville, Florida.

Tags: Mergers & Acquisitions, Echo Global Logistics

October 28, 2013 - Industry News

Echo Global Logistics, Universal Truckload and Pacer International Report Mixed Results

Echo Global Logistics has reported record total revenue of $234.8 million for the third quarter of the year, up 21.8% from a year ago while net income increased 15% to $4.4 million.

Tags: Earnings, Universal Truckload, Pacer International, Echo Global Logistics

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