CHICAGO — Echo Global Logistics, Inc. (NASDAQ: ECHO), a leading provider of technology-enabled transportation and supply chain management services, announced today its selection by Transport Topics as the number four firm on the publication's "Top 25 Freight Brokerage Firms" list. The annual listing ranked freight brokerage firms by their net revenue. In 2012, Echo Global Logistics reported net revenue of $143.1 million and total revenue of $757.7 million for the year ended December 31, 2012.
"Every accolade we receive further cements our status as a leading transportation services firm," said Doug Waggoner, Chief Executive Officer of Echo Global Logistics. "Our freight brokerage business continues to grow year over year, and we are very pleased to achieve such a high ranking on Transport Topics' annual list. We are well positioned to continue this growth trend and look forward to boosting our revenue and our footprint in 2013."
The "Top 25 Freight Brokerage Firms" list is a part of Transport Topics annual "Transport Topics Logistics 50," an annual survey of the largest logistics companies, covering freight management and forwarding, brokerage services and warehousing and distribution. To view the entire Transport Topics Logistics 50 rankings, visit http://ttnews.com/log50/2012/2012log50.pdf.
Echo Global Logistics was recently named the 2012 Carrier of the Year by Monster Beverage Company, a leading marketer and distributor of energy drinks and various popular alternative beverages.