Latest news with #EchoGlobalLogistics
Yahoo
5 days ago
- Business
- Yahoo
Echo Global Logistics buys fellow 3PL FreightSaver
Echo Global Logistics announced on Monday that is has acquired 3PL peer FreightSaver. Huntington Beach, California-based FreightSaver was founded in 2014 by Ryan Renne and Buster Schwab. Its tech platform specializes in truckload, less-than-truckload, expedited and specialized freight shipments. The company also boasts a notable managed transportation client base. In addition to its headquarters, FreightSaver also has offices in Utah, Michigan, Ohio and Temecula, California. Financial terms of the transaction were not provided. 'FreightSaver has built a customer-centric, tech-enabled business that complements our strengths and accelerates our ability to deliver value through managed transportation,' said Echo CEO Doug Waggoner in a news release. Chicago-based Echo is a multimodal, technology-enabled freight broker with over 60 offices across North America. Its platform connects its 35,000 customers with over 50,000 transportation providers. 'Joining Echo is a natural next step in FreightSaver's journey,' said FreightSaver CEO Renne. 'We've always focused on agility, personalized service, and long-term client relationships—values we clearly share with Echo.' More FreightWaves articles by Todd Maiden: Forward Air misses Q2 mark; investors waiting to see if company will be sold GXO encouraged by pre-peak season activity, well positioned for 2026 Lineage says high food prices weighing on warehouse occupancy The post Echo Global Logistics buys fellow 3PL FreightSaver appeared first on FreightWaves. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Cision Canada
30-07-2025
- Automotive
- Cision Canada
Univar Solutions Honors Leading Transportation Solution Providers
"Each year I have the privilege of acknowledging the carriers who help our customers and suppliers through a focus on safety and responsiveness," said Rob McRae, the Vice President of Transportation, North America for Univar Solutions. "While the carrier industry is very process driven, exceptional transportation solution provider performance requires creative and innovative solutions, with a strong bias on timely communication, which each of these honorees have demonstrated for our industry." The annual awards comprise of honoring the regional, bulk, truckload, and less-than-truckload (LTL) carriers of the year for being a valued partner as Univar Solutions offers reliability that delivers through a commitment to safety, service, and expertise that moves customers and suppliers forward. The 2025 award segment honorees include the following. LTL Carrier of the Year: R+L Carriers Truckload Carrier of the Year: Echo Global Logistics Bulk Carrier of the Year: MC Tank Transport United States East Region Carrier of the Year: Southeastern Freight Lines United States West Region Carrier of the Year: James J. Williams Bulk Service Transport Canada East Region Carrier of the Year: Contrans Vrac Incorporated Canada West Region Carrier of the Year: Caron Transportation Systems Vendor Partner of the Year: Goodship Additionally, each year the Most Valuable Partner (MVP) honor is awarded to the carrier that exceeds expectations through creative solutions to enhance the customer experience. For 2025 the Univar Solutions MVP carrier is Barto Trucking. "My sincerest appreciation to our entire carrier network of transportation solution providers and congratulations to our list of esteemed honorees for driving safety and on-time delivery performance as well as exceeding our rigorous service criteria, volume commitments, data connectivity, and responsiveness in communications," noted Travis Vedral, Senior Director of Transportation, Systems, and Strategies for Univar Solutions. "Our annual carrier event is a special occasion to both honor and recognize the many talented teams who help keep our supply chains moving across North America as well as set the stage for what comes next as Univar Solutions helps our customers and suppliers grow and we fulfill our purpose to help keep communities healthy, fed, clean, and safe." About Univar Solutions Univar Solutions is a leading global specialty chemical and ingredient distributor representing a premier portfolio from the world's leading producers. With the industry's largest private transportation fleet and technical sales force, unparalleled logistics know-how, deep market and regulatory knowledge, formulation and recipe development, and leading digital tools, the Company is well-positioned to offer tailored solutions and value-added services to a wide range of markets, industries, and applications. While fulfilling its purpose to help keep communities healthy, fed, clean, and safe, Univar Solutions is committed to helping customers and suppliers innovate and focus on Growing Together. Learn more at About Univar Solutions Chemical Distribution & Services division At Univar Solutions, our Chemical Distribution & Services division is focused on Reliability that Delivers. This means more than on-time shipments—it is a commitment to safety that leads the way, service that goes the distance, and expertise that moves customers and suppliers forward. With industry leading safety standards, a best-in-class on-time delivery rate, and over a century of knowledge engineered for impact, Univar Solutions offers a level of collaboration and predictability through chemistry that Grows, Flows, and Knows the application. Learn more at Forward-Looking Statements and Information This communication contains "forward-looking statements" under applicable law regarding financial and operating items relating to the Company's business. Forward-looking statements generally can be identified by words such as "believes," "expects," "may," "will," "should," "could," "seeks," "intends," "plans," "estimates," "anticipates" or other comparable terms. All forward-looking statements made in this communication are qualified by this cautionary language. Forward-looking statements are subject to known and unknown risks and uncertainties, many of which may be beyond the Company's control, that could result in expectations not being realized or could otherwise materially and adversely affect the Company's business, financial condition, results of operations or cash flows. Although the forward-looking statements are based on what management believes to be reasonable assumptions, we caution you that the forward-looking information presented in this communication is not a guarantee of future events or results, and that actual events or results may differ materially from those made in or suggested by the forward-looking information contained in this communication. For additional information regarding factors that could affect the Company, please see the Company's most recent annual report and other financial reports, including the information set forth under the caption "Risk Factors." Any forward-looking statements represent the Company's views only as of the date of this communication and should not be relied upon as representing the Company's views as of any subsequent date, and the Company undertakes no obligation, other than as may be required by law, to update any forward-looking statement.
Yahoo
30-07-2025
- Business
- Yahoo
Echo Global Logistics Named 2025 3PL of the Year by SupplyTech Breakthrough
This marks the third year in a row Echo has won this award CHICAGO, July 30, 2025 /PRNewswire/ -- Echo Global Logistics, Inc. ("Echo"), a leading provider of technology-enabled transportation and supply chain management services, has been named 2025 3PL of the Year by SupplyTech Breakthrough. A segment of Tech Breakthrough, an organization which provides market intelligence, research, and recognition for programs in the technology sector, SupplyTech Breakthrough focuses on the supply chain industry, logistics technology and tools, and the services and companies which keep the supply chain moving. "It's an honor to be recognized for our advanced technology which simplifies transportation across the supply chain," said Doug Waggoner, Chief Executive Officer at Echo. "By continually advancing its services for shippers and carriers, Echo utilizes technology-enabled solutions to keep the supply chain moving." Echo leverages a variety of products in its technology suite. From EchoShip, a means to easily manage shipments online, to EchoDrive, a platform for carriers to book loads and handle paperwork, to EchoAccelerator, Echo's proprietary Transportation Management System (TMS), the company has built a robust, technology-enabled structure. Learn more about Echo's innovative tools by visiting "Leveraging our technology to enable a more streamlined transportation experience for our shippers and carriers is what Echo does best," said Zach Jecklin, Chief Information Officer at Echo. "Our technology is at the center of everything we do, and coupled with our team of dedicated experts, provides for an efficient and optimized supply chain." About Echo Global Logistics Echo Global Logistics, Inc. is a leading provider of technology-enabled transportation and supply chain management services. Headquartered in Chicago with more than 60 locations across North America, Echo offers freight brokerage and Managed Transportation Solutions for all major modes, including Truckload, Partial Truckload, LTL, Intermodal, Cross-Border, Temperature-Controlled shipping and warehousing, and Warehouse Services. Named one of Newsweek's Most Trusted Companies in America, Echo leverages its advanced, web-based and mobile app technology, analyzing data from its network of more than 50,000 transportation providers to help its 35,000 clients simplify the critical tasks involved in transportation management. For more information on Echo Global Logistics, visit: ECHO: Corporate MEDIA CONTACT: Christopher ClemmensenEVP of MarketingEcho Global Logistics312-784-2132 View original content to download multimedia: SOURCE Echo Global Logistics Sign in to access your portfolio
Yahoo
27-06-2025
- Business
- Yahoo
Roadtex opens terminals in South Carolina, Tennessee
This story was originally published on Trucking Dive. To receive daily news and insights, subscribe to our free daily Trucking Dive newsletter. Roadtex Transportation has opened two new locations in Greenville, South Carolina, and Nashville, Tennessee, according to a June 18 press release. The terminals add 50,000 square feet to the New Jersey-based company's nationwide footprint. Both facilities are equipped with different benefits, such as improved technology, more capacity and expanded transportation and warehousing capabilities, Roadtex said. Roadtex, a subsidiary of Chicago-based Echo Global Logistics, offers facilities with temperature-controlled technology and tools for shipping and warehousing a variety of goods, like confectioneries, food and beverage and healthcare products. The company's network growth comes as demand for cold storage solutions is on the rise, according to a report by Grand View Research. Last year, North America alone accounted for 34% of the revenue for the global cold storage market. Roadtex chose South Carolina and Tennessee for their strategic locations, expanding its network of 32 food-grade terminals across the country, the release said. The new facilities feature technology that allows time-definite solutions for mass merchants. "In addition to GPS tracking of trailer locations, enabling us to monitor temperature-controlled shipments on the road, we're also implementing electronic manifesting for real-time track and trace, greatly reducing the risk of loss and further advancing our services,' Matt Zucconi, VP of operations at Roadtex, said in the release. Notably, Echo Global Logistics — which acquired Roadtex in 2022 — is primarily a technology business, although it also offers freight brokerage and managed transportation solutions in North America. Roadtex isn't the only LTL carrier scaling its warehouse network to meet demand, with some taking an M&A approach to growth. Canada Cartage, for instance, announced a deal to acquire refrigerated freight provider Coastal Pacific Xpress in December. More recently, HTL Freight, a third-party logistics company, bought Ts3 Logistics, another temperature-controlled LTL carrier. Recommended Reading Canada Cartage to acquire western reefer carrier Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
18-06-2025
- Business
- Yahoo
Echo Global Logistics: leading in freight fraud prevention
Echo Global Logistics has emerged as a standout performer in the freight industry's battle against fraud, earning recognition as a winner of the 2025 FreightWaves Fraud Fighter Awards. With an impressive record of delivering over one million truckload shipments in 2024 while maintaining a loss rate of less than 0.01% due to theft, Echo has established itself as an industry leader in fraud prevention strategies. According to Jay Gustafson, EVP of Brokerage Operations at Echo, the landscape of freight fraud is evolving rapidly. 'We've seen a growing trend of strategic truckload theft through digital fraud and/or identity theft. This type of fraud has become very prevalent and we've seen it continue to grow,' Gustafson said. Despite this increasing threat, Echo remains 'well-positioned to handle these types of cases.' Echo's approach to fighting fraud centers on integrating advanced technology throughout its operations. 'At Echo, we employ a thorough carrier vetting process and integrate technology into our entire process to keep freight safe with up-to-date measurements,' Gustafson explained. The company has implemented sophisticated tracking solutions that provide real-time visibility into cargo movement. 'Integrating GPS-based, covert tracking systems into cargo provides shippers with real-time monitoring and alerts, enabling their swift response to suspicious activities,' said technological advantage extends to data analysis as well. Echo has developed capabilities to 'aggregate third-party data on carriers to help stay ahead of potentially bad actors.' Their Transportation Management System (TMS) then 'analyzes and leverages that data to make sure the right carriers are in our network and booked on the right freight.' Echo remains vigilant about emerging fraud tactics in the industry. Gustafson believes that 'fraud will always be a problem when it comes to freight,' noting that 'bad actors have already found new ways to thwart security systems, from posing as legitimate carriers to purchasing secure carrier information from actual providers to impersonate a carrier.' Looking ahead, Echo expects digital fraud to remain the primary concern. 'Strategic theft through digital activity is where we expect to continue to see trends in theft,' Gustafson predicted. 'As technology becomes more and more central to the equation, adding safeguards as we go will be crucial to ensuring fraudulent transactions can't slip through the cracks.' Echo emphasizes that combating fraud requires cooperation across the entire freight ecosystem. 'Fighting fraud benefits all parties, and brokers, shippers, and carriers should all work together and share data to combat theft,' Gustafson advised. This collaborative approach reflects Echo's understanding that fraud prevention is a shared the core of Echo's fraud prevention strategy is a comprehensive carrier selection process. The company 'employs a rigorous carrier vetting process, that includes thorough verifications of DOT and MC numbers, insurance coverage, licensing, and activity history.' This multi-layered approach ensures that only trustworthy carriers join Echo's network. Echo has developed specialized protocols for handling high-value shipments and targeted commodities. Their Targeted Commodity Protection Process specifically addresses freight exceeding $100,000 in cargo value or items at higher risk of theft. These shipments must be 'marked accordingly prior to sourcing,' and carrier sales teams follow a specific Standard Operating Procedure when handling such loads. The company maintains a select group of 'Targeted Commodity Approved' carriers who have 'successfully handled freight for Echo and undergone a comprehensive compliance review.' These carriers receive specific guidance on reducing theft risks, including 'avoiding unsecured yards when possible.' Echo continues to refine its security measures to stay ahead of evolving threats. Earlier this year, the company 'tightened the criteria for a carrier to become TC approved even further.' Their enhanced review process now evaluates 'length of time for active authority, how long they have been in the Echo network, how many loads they have hauled for Echo over various time periods, and status of ELD connection in Highway .' Echo's approach to fraud prevention extends to employee training and organizational culture. Gustafson recommends that companies 'handle high-value and targeted commodities with even greater security.' Echo uses its technology to analyze data which indicates which products and shipments are particularly vulnerable so as to ensure their safety can be maintained every step of the way. This commitment to security is ingrained in Echo's company culture, embodied in their mottos #CarryTheLoadTogether and #BetterIsTheOnlyOption, reflecting their dedication to continuous improvement in fraud prevention. Through comprehensive vetting processes, technological innovation, and industry collaboration, Echo Global Logistics has established itself as a leader in freight fraud prevention, setting standards that benefit the entire logistics post Echo Global Logistics: leading in freight fraud prevention appeared first on FreightWaves. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
