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Home » Logistics Outsourcing » Echo CEO Discusses Recent Acquisition and 3PL Consolidation Trends

Echo CEO Discusses Recent Acquisition and 3PL Consolidation Trends

July 28, 2015
SupplyChainBrain

Adding Command Transportation, one of the nation's largest privately held truckload brokers, to Echo’s logistics business will create a leading provider of technology-enabled transportation management solutions with enhanced scale in the truckload market, says Waggoner.

“Command is a top-notch truckload broker with great people and great leadership, which made it a favored broker among truckload carriers,” he says. “This is a transformational deal that will make Echo stronger in truckload brokerage by giving us more scale and density, which matters in that business.” For now, the company will continue to operate under the Command Transportation name. “We currently are doing a brand equity analysis. Over time we will definitely integrate the two organizations deeply and will make a decision on branding at an appropriate time,” says Waggoner.

Echo has a lot of experience integrating acquisitions, having completed 20 deals to date. The first 19 were smaller trucking companies and Command was the 20th, Waggoner says. “Our strategy has been to look for great organizations that have a strong book of business and a geographic presence that complements ours and that gives us density and scale.”

To view the video in its entirety, click here

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    Logistics Outsourcing LTL/Truckload Services Transportation & Distribution Technology Transportation Management Business Strategy Alignment HR & Labor Management Industrial Manufacturing
    KEYWORDS 3PL Business Strategy Alignment CEO Command Transportation Doug Waggoner Echo HR & Labor Management Industrial Manufacturing IT supply chain IT supply chain management logistics & supply chain logistics IT solutions logistics management Logistics Management: Third Party Logistics Logistics Outsourcing logistics services LTL/Truckload Services supply chain Supply Chain Management supply chain management IT supply chain management SCM supply chain services supply chain solutions supply management Technology Third Party Logistics Transportation & Distribution Transportation Management transportation management systems Value chain value chain IT
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