Play Video
1
Doug Waggoner, CEO of Echo Global Logistics
Doug Waggoner, CEO of Echo Global Logistics
::2014/06/09::
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2
Echo Global Logistics Specialized Projects
Echo Global Logistics Specialized Projects
::2014/10/14::
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3
Echo Global Logistics - Evolved Transportation Management
Echo Global Logistics - Evolved Transportation Management
::2009/06/08::
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4
Brill Street Top 50 Echo Global Logistics
Brill Street Top 50 Echo Global Logistics
::2009/11/17::
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5
Echo Logistics Holiday Party
Echo Logistics Holiday Party
::2013/12/20::
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6
Echo Global Logistics Q4 Timelapse
Echo Global Logistics Q4 Timelapse
::2014/10/14::
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7
Exclusive Interview: Doug Waggoner, CEO of Echo Global Logistics (ECHO)
Exclusive Interview: Doug Waggoner, CEO of Echo Global Logistics (ECHO)
::2011/10/11::
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8
Bootstrapping with Douglas Waggoner of Echo Global Logistics on the tastytrade network
Bootstrapping with Douglas Waggoner of Echo Global Logistics on the tastytrade network
::2014/08/15::
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9
Echo Global Logistics - Manager 3.0 Workshop Teaser
Echo Global Logistics - Manager 3.0 Workshop Teaser
::2013/10/30::
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10
Echo CEO Sees Upturn Ahead
Echo CEO Sees Upturn Ahead
::2013/05/08::
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11
Echo Dallas Second Annual Pie Eating Competition
Echo Dallas Second Annual Pie Eating Competition
::2014/03/14::
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12
Eric Lefkofsky - co-founder of several firms including Lightbank and Groupon
Eric Lefkofsky - co-founder of several firms including Lightbank and Groupon
::2012/06/13::
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13
Bootstrapping with Orazio Buzza of Fooda on the tastytrade network.
Bootstrapping with Orazio Buzza of Fooda on the tastytrade network.
::2013/05/03::
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14
Passfail.com News: Wednesday 2/20 Insider Buying Report: ECHO, KRO
Passfail.com News: Wednesday 2/20 Insider Buying Report: ECHO, KRO
::2013/02/20::
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15
Swift Global Logistics
Swift Global Logistics
::2008/02/05::
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16
Orazio Buzza, CEO, Fooda, Inc.
Orazio Buzza, CEO, Fooda, Inc.
::2013/12/05::
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17
Fast Global Logistics
Fast Global Logistics
::2010/03/17::
Play Video
18
Passfail.com News: Tuesday 3/26 Insider Buying Report: ECHO, PFLT
Passfail.com News: Tuesday 3/26 Insider Buying Report: ECHO, PFLT
::2013/03/26::
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19
Brad Keywell - On Building Companies That Work
Brad Keywell - On Building Companies That Work
::2010/11/05::
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20
Passfail.com News: Tuesday 3/26 Insider Buying Report: ECHO, PFLT
Passfail.com News: Tuesday 3/26 Insider Buying Report: ECHO, PFLT
::2013/03/27::
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21
Round Table, July 2012
Round Table, July 2012
::2012/08/01::
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22
Global Logistics & Transportation Professional Certificate Program at the School of Business
Global Logistics & Transportation Professional Certificate Program at the School of Business
::2013/04/01::
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23
Evolved Transportation Management
Evolved Transportation Management
::2011/07/22::
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24
xkzero at Sage Summit 2013
xkzero at Sage Summit 2013
::2013/07/19::
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25
Global Logistics - Logistica  & Supply Chain
Global Logistics - Logistica & Supply Chain
::2013/03/29::
Play Video
26
Morgan Stanley Lowers 2010, 2011 EPS Estimates, And 2010 Yearend PT To $17 (NASDAQ: ECHO)
Morgan Stanley Lowers 2010, 2011 EPS Estimates, And 2010 Yearend PT To $17 (NASDAQ: ECHO)
::2010/02/23::
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27
TOLL Global Logistics
TOLL Global Logistics
::2010/04/11::
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Imagefilm Geis Global Logistics
Imagefilm Geis Global Logistics
::2009/10/15::
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29
Flash Global Logistics
Flash Global Logistics
::2011/08/17::
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30
Passfail.com News: Wednesday Sector Leaders: Transportation Services, Constructi...
Passfail.com News: Wednesday Sector Leaders: Transportation Services, Constructi...
::2013/01/02::
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31
Manhattan Associates talks to Global Logistics Media
Manhattan Associates talks to Global Logistics Media
::2011/06/12::
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32
Allseas Global Logistics - Company Video
Allseas Global Logistics - Company Video
::2011/09/19::
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33
Global Logistics Template Management
Global Logistics Template Management
::2009/10/23::
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34
Seneca College - Global Logistics and Supply Chain Management
Seneca College - Global Logistics and Supply Chain Management
::2010/12/21::
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35
Echo Logistics Softball
Echo Logistics Softball
::2014/07/30::
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36
Darknet / Exoriare: Black Echo Global Forager Win
Darknet / Exoriare: Black Echo Global Forager Win
::2009/12/04::
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37
Life at Echo!
Life at Echo!
::2014/06/18::
Play Video
38
GLS Global Logistics Capstone Project
GLS Global Logistics Capstone Project
::2008/02/05::
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39
Passfail.com News: Tuesday Sector Laggards: Airlines, Transportation Services
Passfail.com News: Tuesday Sector Laggards: Airlines, Transportation Services
::2012/08/28::
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40
Passfail.com News: Wednesday Sector Leaders: Home Furnishings & Improvement, Tra...
Passfail.com News: Wednesday Sector Leaders: Home Furnishings & Improvement, Tra...
::2013/02/20::
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41
2012 Georgia Logistics Summit: Sustaining the Health of the Global Logistics Ecosystem
2012 Georgia Logistics Summit: Sustaining the Health of the Global Logistics Ecosystem
::2012/03/05::
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42
Global Logistics.m4v
Global Logistics.m4v
::2012/03/11::
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43
Vinpac Shenzhen - Global logistics solution
Vinpac Shenzhen - Global logistics solution
::2009/03/10::
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44
Passfail.com News: Friday Sector Leaders: Asset Management, Transportation Servi...
Passfail.com News: Friday Sector Leaders: Asset Management, Transportation Servi...
::2012/08/10::
Play Video
45
Global Logistics Joomla 1.5 Template Presentation
Global Logistics Joomla 1.5 Template Presentation
::2009/10/19::
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46
United Global Logistics Inc
United Global Logistics Inc
::2012/05/08::
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47
Jefferson Diversified - Global Logistics Partner
Jefferson Diversified - Global Logistics Partner
::2013/10/23::
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48
Bedrijfspresentatie Global Logistics
Bedrijfspresentatie Global Logistics
::2009/11/26::
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49
Cash Cube Final at Echo Logistics
Cash Cube Final at Echo Logistics
::2014/07/23::
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50
SUNRISE GLOBAL LOGISTICS
SUNRISE GLOBAL LOGISTICS
::2009/10/13::
NEXT >>
RESULTS [51 .. 101]
From Wikipedia, the free encyclopedia
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Echo Global Logistics
Type Public (NASDAQECHO)
Industry Transportation services
Founded 2005
Headquarters Chicago, Illinois, USA
Key people

CEO: Douglas R. Waggoner Founder: Brad Keywell

Founder: Eric Lefkofsky
Revenue $426,364,000 USD (FY 2010)
Website www.echo.com

Echo Global Logistics, Inc. (Nasdaq: ECHO) is a provider of technology-enabled transportation and supply chain management services, delivered on a proprietary technology platform, serving the transportation and logistics needs of its clients.[1][2] Echo’s web-based technology platform compiles and analyzes data from its network of over 24,000 transportation providers to serve its clients’ shipping and freight management needs. The company has become a leading contender among 3PLs and has been listed in Inbound Logistics' Top 100 3PL Providers.[3] In 2011, Echo has procured transportation and provided logistics services for more than 22,700 clients across industries such as manufacturing, construction, consumer products and retail.[4]

History[edit]

Echo Global Logistics, Inc. was established as a logistics division for InnerWorkings, a web-based printing company in Chicago.[5] In 2005, InnerWorkings founder Eric Lefkofsky decided to expand the logistics division into an independent company. Lefkofsky, most recently known for creating the social-coupon Website Groupon, is an expert on using the power of technology and the Internet to update an industry. With this in mind, Lefkofsky and fellow co-founder Brad Keywell set out to create Echo Global Logistics, a transportation and logistics outsourcing business.[6]

In 2006, Douglas R. Waggoner became the CEO of Echo and brought with his experience in the transportation industry. Under the leadership of Waggoner, Echo combined technology and transportation in order to provide solutions for shippers.[7] Waggoner has been recognized for his contributions to the transportation and business world. In 2009, Ernst & Young selected Waggoner as the Entrepreneur of the Year.[8]

In 2007, Echo acquired SelecTrans, Mountain Logistics and Best Way Solutions.[9] They also opened three regional branches in Los Angeles, Portland, and Park City, Utah. In 2009, Echo made acquired Freight Management and RayTrans Distribution.[9] On October 2, 2009 Echo went public on NASDAQ.[5]

In April 2010, Echo opened a new office in Dallas, Texas.[10] In March 2010, the company opened another office in Atlanta, Georgia.[11]

Services[edit]

Echo provides transportation services for shipping including:

Main logistics services include:

Technology[edit]

Echo developed Evolved Transportation Management (ETM) technology; a web-based proprietary software application that allows the company to analyze the transportation requirements of each client and create customized solutions.[13] ETM provides supply chain visibility, and shipment execution throughout all modes of transportation. The technology allows clients to manage transportation and logistics fees and navigate their way through the complexities in the transportation and supply chain functions.[12] Working with ETM, Echo employs technology portals, that include:

  • EchoTrakTM , a customized web-based transportation management displaying details of shipments and automatic alerts to email,
  • RatelQTM , a rating tool for LTL,
  • LanelQTM , rate and price quoting engine for truckload shipments,
  • Optimizer Tracking , performance ratings of carriers and shipment data,
  • Optimizer Imaging , stores digital images of shipping documents.[14]

Carriers[edit]

Echo works with carriers specializing in truckload, less-than-truckload, expedited, international and small parcel carriers.[15] To ensure the quality control, Echo employs a Carrier Certification Program. The program ranks carriers by relevance and appropriateness for all shipments. The carrier list is updated and maintained according to performance, rate negotiation and other quality standards. All carriers working with Echo are licensed, insured, and adhere to safety rules.[16]

Commitment to the environment[edit]

In February 2010, Echo joined the U.S. Environmental Protection Agency's (EPA) SmartWay Transport Partnership, an initiative with the goal of environmentally cleaner, more fuel efficient transportation options. The Company achieved a score 1.25, which is the highest possible rating, representing "outstanding environmental performance”.[17]

Competitors[edit]

Competitors of Echo include RR Donnelley Logistics, Network Global Logistics, Access America Transport, CH. Robinson Worldwide, Freightquote.com, Ozburn-Hessey Logistics, Total Quality Logistics, Transplace, Schneider National, FedEx, JB Hunt, ABF, YRC, Conway[disambiguation needed] and UPS.[1]

External links[edit]

Notes[edit]

  1. ^ a b ""Profile: Echo Global Logistics, Inc. (ECHO.OQ)," Reuters". 
  2. ^ ""Echo Global Logistics, Inc. (ECHO) Chief Executive Officer to Ring The NASDAQ Stock Market Opening Bell," NASDAQ". 
  3. ^ ""Top 100 3PL Providers of 2010," Inbound Logistics". 
  4. ^ ""Echo Global Logistics Recognized #2 in Crain's Chicago Business Fast Fifty 2011," Yahoo Finance". 
  5. ^ a b ""Echo Global Logistics Company Growth," Echo.com". 
  6. ^ Dahl, Darren (November 17, 2010). ""A Business Creator Sees Big Returns From Social Media," New York Times, November 17, 2010". The New York Times. 
  7. ^ ""Entrepreneur of the Year: Driving Force: How Doug Waggoner reinvented Echo Global Logistics," SmartBusiness, July 2010". 
  8. ^ ""Winners for Ernst & Young Entrepreneur Of The Year 2009 awards in Midwest announced," Ernst & Young, June 26, 2009". 
  9. ^ a b ""Echo Global Logistics Inc. Mergers and Acquisitions," AlactraStore". 
  10. ^ ""Echo Global Logistics Opens Dallas Office," The Journal of Commerce, April 6, 2010". 
  11. ^ ""Echo Global Logistics Announces Opening of New Office in Atlanta, Georgia," SupplyChainNetwork.com, March 9, 2010". 
  12. ^ a b ""Echo Global Logistics, Inc.," Answers.com". 
  13. ^ ""About Echo Global Logistics," Echo.com". 
  14. ^ ""Echo Global Logistics Technology," Echo.com". 
  15. ^ ""Profile: Echo Global Logistics," Inbound Logistics". 
  16. ^ ""Echo Global Logistics Carriers," Echo.com". 
  17. ^ ""Echo Global Logistics' Joins EPA's SmartWay Transport Partnership, Achieves Highest Possible Score," TradingMarkets.com, February 12, 2010". 
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