Echo

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Douglas R. Waggoner's photo - Chairman & CEO of Echo

Chairman & CEO

Douglas R. Waggoner

CEO Approval Rating

98/100

Founded:

2005

Status:

PublicIndependent CompanyNASDAQECHO

ECHO TOP COMPETITORS OR ALTERNATIVES

RANK

COMPANY

CEO

CEO RATING

EMPLOYEES

FUNDING

REVENUE

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Saddle Creek is Echo's top competitor. Saddle Creek was founded in 1966 in Lakeland, Florida. Saddle Creek competes in the Road Transportation field. Saddle Creek generates $1.1B less revenue than Echo.

U.S. Xpress is perceived as one of Echo's biggest rivals. U.S. Xpress's headquarters is in Chattanooga, Tennessee, and was founded in 1985. U.S. Xpress is in the Courier, Logistics & Freight Services industry. U.S. Xpress generates 106% of Echo's revenue.

DSV is one of Echo's top competitors. DSV is a Public company that was founded in Hedehusene, Capital Region in 1976. DSV operates in the Courier, Logistics & Freight Services industry. DSV has 55,047 more employees vs. Echo.

Echo Quarterly and Annual Revenue

Trailing 12-Months Trend (TTM)

Annual Revenue

$1.6B

Echo's revenue is the ranked 9th among it's top 10 competitors. The top 10 competitors average 8B. Over the last four quarters, Echo's revenue has grown by 136.9%. Specifically, in Q4 2020's revenue was $1.3B; in Q3 2020, it was $691.5M; in Q2 2020, it was $514.7M; in Q1 2020, Echo's revenue was $551M.

Echo Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION
Command Transportation

Apr 2015

Source »
$420M
Command Transportation operates as a freight broker which offers truckload services in the United States.
XpressSolutions, Inc.

Feb 2015

Source »
undisclosed
Xpress Solutions is a provider of shipping, transportation and logistics services.

These are all the companies that Echo has acquired. Echo has acquired 2 companies and its latest acquisition was Command Transportation in Apr 2015. Command Transportation operates as a freight broker which offers truckload services in the United States.

Echo Funding History

Since Echo was founded in 2005, it has participated in 1 round of funding. In total Echo has raised $79.8M. Echo's funding round was on Oct 2009 for a total of $79.8M

ROUND

FUNDING DATE

AMOUNT

INVESTORS

IPO
Oct 2009
$79.8M

Since Echo was founded in 2005, it has participated in 1 round of funding. In total Echo has raised $79.8M. Echo's funding round was on Oct 2009 for a total of $79.8M

Echo Investments

No recent investments found related to Echo

Echo News

Echo Blogs

Echo Press Releases

Social Media

Echo Headquarters

600 W Chicago Avenue Suite 725

Chicago, Illinois60654

800-354-7993

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Echo Summary

ABOUT

Overview

Echo Global Logistics, Inc. (NASDAQ: ECHO) is a provider of technology-enabled transportation and supply chain management services. It was founded by Brad Keywell and Eric Lefkofsky in 2005 and headquartered in Chicago, Illinois with 2,335 employees i...

CEO

Echo's Chairman & CEO, Douglas R. Waggoner, currently has an approval rating of 98%. Echo's primary competitors are Saddle Creek, U.S. Xpress & DSV.

Website

echo.com

Frequently Asked Questions about Echo

  1. When was Echo founded?

    Echo was founded in 2005
  2. Who is Echo's CEO?

    Echo's CEO is Douglas R. Waggoner
  3. How much revenue does Echo generate?

    Echo generates $1.6B in revenue
  4. How much funding does Echo have?

    Echo has historically raised $79.8M in funding
  1. Where is Echo's headquarters?

    Echo's headquarters is in Chicago Illinois, USA
  2. How many employees does Echo have?

    Echo has 2,595 employees
  3. What sector does Echo operate in?

    Echo is in Road Transportation
  4. Who are Echo's competitors?

    Echo's top competitors are Saddle Creek, U.S. Xpress, DSV