
Echo Global Logistics
Home | Echo Global Logistics.
USD | 2022 |
---|---|
Revenues | 0000 |
EBITDA | 0000 |
Profit | 0000 |
EV | 0000 |
EV / revenue | 00.0x |
EV / EBITDA | 00.0x |
R&D budget | 0000 |
Source: Company filings or news article
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Echo Global Logistics is a provider of technology-enabled transportation and supply chain management services. The company's primary business is to connect businesses that need to ship their products with carriers who have the capacity to transport them. Echo operates in the logistics and transportation industry, serving a wide range of clients across various sectors that require shipping and freight management solutions.
The company's business model is based on a multi-modal approach, offering services across truckload, less-than-truckload (LTL), and intermodal (rail) transportation. Echo leverages its proprietary technology platform, EchoShip, which provides shippers with tools for quoting, booking, and tracking their shipments. This platform also offers data and analytics to help clients optimize their supply chain and reduce transportation costs. For carriers, Echo provides EchoDrive, a platform that simplifies load management and provides access to a large network of freight.
Echo generates revenue by acting as a freight broker. The company earns a margin on the difference between the price it charges the shipper and the cost it pays the carrier to transport the goods. Additionally, Echo offers managed transportation services, where it takes on a more integrated role in a client's transportation management for a fee, providing services like route optimization, carrier management, and freight bill auditing.
Keywords: freight brokerage, supply chain management, transportation logistics, truckload, less-than-truckload, LTL, intermodal, freight management, logistics technology, managed transportation
Tech stack
Investments by Echo Global Logistics
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