Echo Global Logistics, Inc. has entered into a definitive agreement to acquire ITS Logistics, a rapidly growing 3PL provider, in a deal expected to enhance its operational capabilities and market presence.

Target Information

Echo Global Logistics, Inc. is a leading provider of technology-enabled transportation and supply chain management services. Founded in 2005, the company has established itself as a prominent player in the logistics sector by leveraging advanced technology to optimize freight and supply chain operations. The recent move to acquire ITS Logistics represents a strategic effort to enhance its service portfolio and operational capabilities.

ITS Logistics, based in Reno, Nevada, is recognized as one of North America’s fastest-growing third-party logistics (3PL) providers. Founded in 2013, ITS Logistics offers a comprehensive suite of integrated logistics services, including transportation, warehouse management, and freight brokerage. This acquisition will allow Echo Global Logistics to tap into ITS’s extensive network and specialized services, driving growth and innovation within its operations.

Industry Overview

The logistics and supply chain management industry in the United States is witnessing rapid evolution, driven by advancements in technology and changing consumer preferences. The demand for efficient supply chain solutions has su