Echo Global Logistics Posts Record Revenue for Sixth Straight Quarter

Transport Topics | October 24, 2018

Echo Global Logistics Posts Record Revenue for Sixth Straight Quarter
Echo Global Logistics reported another record quarter for revenue and boosted its guidance for the year as demand for the company’s technology and transportation management services remains robust. “We have achieved our sixth quarter in a row with record revenue,” CEO Doug Waggoner said in a statement released Oct. 24, “while at the same time improving profitability.” The Chicago-based firm earned $9.4 million, or 33 cents a share, on gross revenue of $644.8 million in the three months ended Sept. 30, compared with $2.4 million, or 9 cents a share, on gross revenue of $509.5 million in the same period a year ago. Net revenue, which is gross revenue minus the cost of purchased transportation, increased 28.3% to $111.2 million in the third quarter of 2018 from $86.7 million in 2017.

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SyncroTESS is the software solution for an optimised transportation planning. The system helps manufacturers and suppliers of construction materials to always find the best possible assignment between the transport request and vehicle. Companies can optimise their entire transport logistics with effective optimisation heuristics and integrated realtime scheduling, availability checks during order entry and tactical preliminary planning.


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6 River Systems upgrades its robotic fulfillment solution

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Schneider Electric ranked 4th in The Gartner Supply Chain Top 25 for 2020

Schneider Electric | June 15, 2020

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Project Verte Deploys 6 River Systems Solutions in Atlanta Distribution Center

6 River Systems | September 25, 2020

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Schneider Electric Global Supply Chain recognized with 2020 Power of the Profession Award

Schneider Electric | July 07, 2020

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Spotlight

SyncroTESS is the software solution for an optimised transportation planning. The system helps manufacturers and suppliers of construction materials to always find the best possible assignment between the transport request and vehicle. Companies can optimise their entire transport logistics with effective optimisation heuristics and integrated realtime scheduling, availability checks during order entry and tactical preliminary planning.

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