Echo Global Logistics Named One of the Top 50 Third-Party Logistics Providers by Global Trade

Echo Global Logistics, Inc. (NASDAQ: ECHO), a leading provider of technology-enabled transportation management services, has been named one of the Top 50 Third-Party Logistics Providers of 2020 by Global Trade a prominent logistics magazine and news website focused on domestic and global expansion solutions. The "Fantastic Fifty" list honors leading 3PLs that are transforming the logistics industry through innovative technology while also providing exceptional customer service and exceeding client expectations. This is the eighth consecutive year Echo has received this honor. Echo has earned this recognition every year since Global Trade first introduced the distinction in 2013.

"It's an honor for Echo to once again be named a Top 50 Third-Party Logistics Provider by Global Trade ," said Doug Waggoner , Chairman of the Board of Directors and Chief Executive Officer at Echo. "Our industry-leading technology, top-notch logistics experts, and best-in-class customer service set Echo apart in the industry. At Echo, our clients and carrier partners get technology at their fingertips and experts by their side when they want them."

As a Fortune 1000 3PL, Echo has created a robust network that enables the company to move more than 16,000 shipments every day for its more than 35,000 clients through its network of over 50,000 carrier partners. While providing exceptional service to its clients, Echo leverages its industry expertise, proprietary technology, vast access to capacity, and suite of multimodal shipping solutions to ensure each client receives the transportation management that's right for their business.

In Global Trade 's "Fantastic Fifty" feature , the publication highlights Echo's user-friendly, proprietary technology that allows clients and carrier partners alike to "operate more nimbly, adapting to changes with real-time visibility." For example, EchoShip™, the company's self-service shipping platform, consolidates and simplifies shipping by enabling clients to quote, book, ship, track, and manage invoices. EchoDrive®, its web portal and mobile app for carriers, provides real-time access to search, bid, book, manage, track, and get paid on freight hauled for Echo. Both are built on EchoAccelerator, a flexible and robust proprietary architecture that supports shipper, carrier, and managed transportation systems.

"At Echo, technology is integral to everything we do, and we're continuously developing technological advancements that enable us to serve shippers and carriers in new and better ways," said Dave Menzel , President and Chief Operating Officer at Echo. "Inclusion in Global Trade 's 'Fantastic Fifty' list is a testament to the strides we've made in disrupting the logistics industry through our proprietary technology and our commitment to innovation."

Global Trade 's annual "Fantastic Fifty" list of top 3PLs showcases leading companies while also providing a comprehensive list for businesses seeking new partnership opportunities. The Top 50 Third-Party Logistics Providers of 2020 were selected based on industry reputation, outstanding operational excellence, game-changing initiatives, disruptive technology solutions, and unmatched levels of innovation. For more information, please visit www.globaltrademag.com .

About Echo Global Logistics
Echo Global Logistics, Inc. (NASDAQ: ECHO) is a leading Fortune 1000 provider of technology-enabled transportation and supply chain management services. Headquartered in Chicago with more than 30 offices around the country, Echo offers freight brokerage and Managed Transportation solutions for all major modes, including truckload, partial truckload, LTL, intermodal, and expedited. Echo maintains a proprietary, web-based technology platform that compiles and analyzes data from its network of over 50,000 transportation providers to serve 35,000 clients across a wide range of industries and simplify the critical tasks involved in transportation management. For more information on Echo Global Logistics, visit: www.echo.com .

ECHO: Corporate

CONTACT INFORMATION

Investor Relations:
Zach Jecklin
SVP of Strategy
Echo Global Logistics
312-784-2046

Media Relations:
Christopher Clemmensen
SVP of Marketing
Echo Global Logistics
312-784-2132

Echo Global Logistics named one of the Top 50 Third-Party Logistics Providers of 2020 by Global Trade.

(PRNewsfoto/Echo Global Logistics, Inc.)

Cision View original content to download multimedia: https://www.prnewswire.com/news-releases/echo-global-logistics-named-one-of-the-top-50-third-party-logistics-providers-by-global-trade-301305406.html

SOURCE Echo Global Logistics, Inc.

News Provided by PR Newswire via QuoteMedia

The Conversation (0)
Two silver bars weighing 1000 grams in front of price charts.

Should You Invest in Silver Bullion? (Updated 2024)

Investing in silver bullion has pros and cons, and what’s right for one investor may not work for another.

Interest in the silver market tends to flourish whenever the silver price increases, with investors beginning to wonder if it is the right time to add physical silver to their investment portfolios. While silver can be volatile, the precious metal is also seen as a safe-haven asset, similar to its sister metal gold. Safe-haven investments can offer protection in times of uncertainty, and with tensions running high, they could be a good choice for those looking to preserve their wealth in difficult times.

With those factors in mind, let’s look at the pros and cons of buying silver bullion.

Keep reading...Show less

Pan American Silver Announces the Sale of La Arena for US$245 Million Cash Upfront and US$50 Million Contingent Payment

  • retains a 1.5% gold net smelter return royalty for the La Arena II project

Pan American Silver Corp. (NYSE: PAAS) (TSX: PAAS) (" Pan American ") announces that it has agreed to sell its 100% interest in La Arena S.A. ("La Arena"), which owns the La Arena gold mine as well as the La Arena II project in Peru, to Jinteng (Singapore) Mining Pte. Ltd., a subsidiary of Zijin Mining Group Co., Ltd. (collectively, "Zijin") for US$245 million cash upfront and a US$50 million contingent payment.

"With the sale of La Arena, we continue to deliver on our strategy to optimize our portfolio, following the Yamana transaction, while maintaining future upside through the retention of royalties," said Michael Steinmann, President and Chief Executive Officer of Pan American. "Proceeds from the transaction will further strengthen our financial position and allow us to deliver on our capital allocation priorities of investing in high-quality assets, debt reduction and returning capital to our shareholders."

News Provided by Business Wire via QuoteMedia

Keep reading...Show less
Silver bar and metal.

Top 5 Canadian Silver Stocks of 2024

Silver demand is forecast to reach its second highest level ever in 2024 at 1.2 billion ounces, driven by industrial market segments such as photovoltaics and electric vehicles.

This high demand is coming alongside flat production growth, and is creating a situation that would seemingly be ripe for a price breakout. However, the first months of the year saw the metal trade in the US$22 to US$24 per ounce range.

The beginning of March brought a shift in the market, and silver started to make gains. Following its sister metal gold higher, silver hit a quarterly high of US$25.71 on March 20 before reaching an 11 year high of US$28.85 on April 14.

Keep reading...Show less

MAG Announces First Quarter 2024 Production From Juanicipio

MAG Silver Corp. (TSX NYSE American: MAG) ("MAG" or "MAG Silver") reports production from Juanicipio (56% 44% Fresnillo plc ("Fresnillo") and MAG, respectively) for the first quarter ("Q1") ended March 31, 2024.

Q1 Highlights

News Provided by GlobeNewswire via QuoteMedia

Keep reading...Show less
Silver bars and coins.

Silver Price Update: Q1 2024 in Review

2023 was a relatively lackluster year, silver largely traded on volatility between US$22 and US$25 per ounce.

The white metal started 2024 with less volatility and remained rangebound for the first eight weeks. Silver dropped to US$22.08 per ounce on January 21, marking its quarterly low.

Silver started seeing gains in March with the expectation that the US Federal Reserve was getting closer to lowering interest rates. Improving sentiment gave the precious metals markets momentum, causing silver to reach its quarterly high of US$25.62 on March 20, before continuing on to an 11 year high of US$29.26 on April 12.

Keep reading...Show less

Endeavour Silver Provides Q1 2024 Construction Progress Update on Terronera; Construction Progress Reaches 53% Completion

Endeavour Silver Corp. ("Endeavour" or the "Company") (NYSE: EXK; TSX: EDR) is pleased to provide a Q1 2024 construction progress update for its Terronera Project in Jalisco state, Mexico. A photo gallery presentation accompanies this news release and can be found here or on the Company website at Terronera Project Progress Photos . All dollar ($) references in this news release are United States dollars.

The Terronera project made significant progress in the first quarter, as concrete work was nearly complete on the Upper Plant Platform and erection of structural steel advanced for areas including crushing, coarse-ore storage, grinding, flotation, and thickening. Mechanical installation of major equipment continued to advance on schedule and the project remains on track for commissioning in Q4 2024.

News Provided by GlobeNewswire via QuoteMedia

Keep reading...Show less

Latest Press Releases

Related News

Ă—