Despite trucking companies and brokers saying capacity is “rightsizing,” spot rates have not increased in tandem with volume and shippers could secure contract rate reductions for 2020.

Historically, intermodal rail has offered a slower, lower-cost option for shippers, but with truckload prices falling, intermodal rail is now more expensive than trucking in some secondary markets.

Automating often ignored ‘behind-the-scenes’ systems can bring big benefits, including savings and improved customer service, says Echo Global Logistics CEO Doug Waggoner.

As the electronic logging era begins, Echo Global Logistics warns shippers transit times are getting longer and costs are rising in shorter trucking lanes.

Technology cannot replace personal relationships, but greater automation can help smooth processes, Echo Global Logistics CEO Waggoner says.

Echo Global Logistics sees need for even more optimization and analytics as online shopping begins to transform not just final-mile delivery but also middle-mile transport choices.

Established logistics companies and brokers could partner with digital start-ups to speed the "evolution" of technology demanded by shippers, the CEO of Echo Global Logistics says.

Echo Global Logistics’ profits took a tumble in the second quarter after the recent acquisition of Command Transportation in April. Revenues and volumes, however, were significantly higher and look to buoy future loss -— a testament to the success a third-party logistics provider can find in consolidation.

Total Quality Logistics increased total revenue 31.3 percent in 2014 to $2.1 billion as the U.S. economy grew faster and shippers came up short on truck capacity.

Echo Global Logistics’ $37.3 million acquisition of the Watsonville, California-based transportation brokerage firm One Stop Logistics this week is expected to help the third-party logistics provider increase its domestic less-than-truckload brokerage business.

Echo Global Logistics reported record profit of $4.4 million in the third quarter of 2013, a 90.8 percent jump from $2.3 million in the third quarter of 2012.

Echo Global Logistics reported net income in the second quarter of 2013 totaling $3.9 million, up 3 percent from $3.8 million in the second quarter of 2012.

Echo Global Logistics has acquired Open Mile, a Boston-based non-asset transportation service provider that combines high tech automation with freight management services.

Chicago-based Echo Global Logistics reported its net income in the fourth quarter of 2012 was $3.5 million, falling 0.8 percent compared with the fourth quarter of 2011.

Echo Global Logistics reported income in the third quarter of $3.82 million, increasing 12.9 percent from last year’s $3.38 million during the same period.

A 21.9 percent jump in freight brokerage propelled Echo Global Logistics' profit in the first quarter to $3.1 million, up 42.9 percent year-over-year.