Echo did not disclose the deal's value but stated the acquisition will expand its scale and accelerate the development of ITS's products and services through Echo's technology platform. Echo completed two mergers and acquisitions in 2025 to increase its operational scale.
"This is a significant strategic opportunity for Echo and our customers," said CEO Doug Waggoner. He noted that ITS has developed a unique set of solutions, particularly its drop-trailer and trailer yard capabilities, combined with leading execution, ensuring reliability and flexibility within complex logistics networks.
"Integrating Echo's proprietary technology, advanced analytics, and artificial intelligence capabilities into ITS's solutions will strengthen the value we provide to a broader range of customers," he added.
Scott Pruneau, CEO of ITS Logistics, stated that joining forces with Echo opens an exciting new chapter for ITS Logistics. He believes Echo's scale in truckload freight brokerage, transportation management platform, cross-border capabilities, and multimodal portfolio – combined with its artificial intelligence-driven technology and innovation platform – will elevate ITS's services and increase customer value.
"Together, we possess the capabilities to help customers navigate increasing supply chain complexities, delivering smarter, more connected solutions that generate tangible results," he further commented.
ITS's current management team will continue to lead the business post-merger.
The two companies announced that the combined entity's pro forma revenue for 2025 is projected to reach USD 5,4 billion.
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Echo currently ranks 21st among North America's Top 100 largest logistics companies. Photo: Echo Global Logistics |
Echo currently ranks 21st among North America's Top 100 largest logistics companies. Photo: Echo Global Logistics
Headquartered in Chicago, Echo Global Logistics provides freight brokerage and transportation management services across nearly all modes of transport, including full truckload, partial truckload, less-than-truckload (LTL), intermodal, cross-border, food transport, and temperature-controlled freight. The company also offers warehousing services.
Echo's technology platform leverages automation, machine learning, and artificial intelligence to support pricing, capacity sourcing, order execution, and incident management.
In 2025, Echo expanded its operations through both mergers and acquisitions and organic growth. In August, the company acquired FreightSaver, thereby expanding its transportation management segment and adding 5 U.S. locations to its network. FreightSaver, founded in 2014, provides full truckload, LTL, expedited, specialized freight, and transportation management services.
In April, Echo opened an office in Mexico City, preparing to double its cross-border logistics operations in 2025 compared to 2024. The office initially had 11 staff and quickly expanded. Echo began offering cross-border logistics services in 2016.
Echo currently ranks 21st on Transport Topics' list of North America's Top 100 largest logistics companies and 5th among freight brokers, employing approximately 2,600 staff. ITS ranks 51st in the Top 100 logistics and 18th in the freight brokerage category.
GHK Capital Partners, based in Greenwich, Connecticut, acquired ITS in June 2021 for an undisclosed amount. GHK also owns freight forwarding company Horizon Global.
ITS Logistics, headquartered in Reno, Nevada, was founded in 1999 and currently employs over 1,000 staff. The company developed the DropFleet drop-trailer and trailer yard program, offering specialized capacity solutions, intermodal transport, drayage, cargo security, omnichannel fulfillment, and sustainability-focused transportation strategies.
By Hai My (Source: Transport Topics)
