Echo's Proprietary Technology

Channel: EchoGlobalLogistics1   |   2011/07/22
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1
Echo
Echo's Proprietary Technology
::2011/07/22::
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2
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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3
Brill Street Top 50 Echo Global Logistics
Brill Street Top 50 Echo Global Logistics
::2009/11/17::
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Echo CEO Sees Upturn Ahead
Echo CEO Sees Upturn Ahead
::2013/05/08::
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Echo Global Logistics - Evolved Transportation Management
Echo Global Logistics - Evolved Transportation Management
::2009/06/08::
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Evolved Transportation Management
Evolved Transportation Management
::2011/07/22::
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7
Echo Logistics Holiday Party
Echo Logistics Holiday Party
::2013/12/20::
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8
Echo Global Logistics - Manager 3.0 Workshop Teaser
Echo Global Logistics - Manager 3.0 Workshop Teaser
::2013/10/30::
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9
Dominic Regan    Global Logistics and Transport news
Dominic Regan Global Logistics and Transport news
::2013/11/11::
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10
Neil Ashworth   Global Logistics and Transport news
Neil Ashworth Global Logistics and Transport news
::2013/11/11::
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11
John Neill Interview    Global Logistics and Transport news
John Neill Interview Global Logistics and Transport news
::2013/11/11::
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12
Jefferson Diversified - Global Logistics Partner
Jefferson Diversified - Global Logistics Partner
::2013/10/23::
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13
TOLL Global Logistics
TOLL Global Logistics
::2010/04/12::
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14
Prospects for the Global Logistics Market in 2011
Prospects for the Global Logistics Market in 2011
::2011/05/31::
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15
Echo Dallas Second Annual Pie Eating Competition
Echo Dallas Second Annual Pie Eating Competition
::2014/03/14::
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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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GLS Global Logistics Capstone Project
GLS Global Logistics Capstone Project
::2008/02/05::
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Global Logistics!
Global Logistics!
::2013/07/15::
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ICS 394 Eco-logistics
ICS 394 Eco-logistics
::2012/11/30::
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20
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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21
echo global tony
echo global tony
::2009/09/30::
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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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Brad Keywell - On Building Companies That Work
Brad Keywell - On Building Companies That Work
::2010/11/05::
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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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25
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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26
Lindsay Haselhurst    Global Logistics and Transport news
Lindsay Haselhurst Global Logistics and Transport news
::2013/11/11::
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27
What is Global Logistics?
What is Global Logistics?
::2012/05/04::
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28
United Global Logistics Inc
United Global Logistics Inc
::2012/05/08::
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Dimerco 40 years in International Transportation Logistics Service
Dimerco 40 years in International Transportation Logistics Service
::2011/07/28::
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Global Cargo Manager Global Shipping Platform
Global Cargo Manager Global Shipping Platform
::2011/06/13::
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31
Seneca College - Global Logistics and Supply Chain Management
Seneca College - Global Logistics and Supply Chain Management
::2010/12/21::
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32
Total Logistic Control : Transportation & Supply Chain 3PL Management
Total Logistic Control : Transportation & Supply Chain 3PL Management
::2010/02/02::
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Load Delivered Logistics Thanks Our Drivers
Load Delivered Logistics Thanks Our Drivers
::2012/09/20::
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Jose Dhooma    Global Logistics and Transport news
Jose Dhooma Global Logistics and Transport news
::2013/11/11::
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35
Global Logistic Technology at DCCC
Global Logistic Technology at DCCC
::2013/03/28::
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36
Mike Riegler, Director, Transportation and Logistics Enterprise Applications, Fujitsu
Mike Riegler, Director, Transportation and Logistics Enterprise Applications, Fujitsu
::2010/09/23::
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37
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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38
Global Logistics Dispatch Program MIAT
Global Logistics Dispatch Program MIAT
::2011/08/17::
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39
Mike Boehler interviews Laurie Carlson of Airgroup, a Radiant Logistics Company
Mike Boehler interviews Laurie Carlson of Airgroup, a Radiant Logistics Company
::2011/03/20::
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40
Global Logistics Template Management
Global Logistics Template Management
::2009/10/23::
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41
Echo Dallas Valympics 2014
Echo Dallas Valympics 2014
::2014/04/06::
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42
Global Logistics Joomla 1.5 Template Presentation
Global Logistics Joomla 1.5 Template Presentation
::2009/10/19::
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43
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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44
Global Transportation Management Solutions
Global Transportation Management Solutions
::2014/03/13::
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45
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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On-Demand Global TMS Partner Testimonial
On-Demand Global TMS Partner Testimonial
::2013/12/12::
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Transportation Management System - Workflow
Transportation Management System - Workflow
::2010/10/05::
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Orazio Buzza, CEO, Fooda, Inc.
Orazio Buzza, CEO, Fooda, Inc.
::2013/12/05::
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Outsource Logistics Commercial
Outsource Logistics Commercial
::2010/06/27::
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xkzero at Sage Summit 2013
xkzero at Sage Summit 2013
::2013/07/19::
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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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