What happened to Echo Global Logistics?

What happened to Echo Global Logistics?

Chicago-based third-party logistics and technology-enabled transportation services provider Echo Global Logistics announced late last week it has entered into a definitive agreement to be acquired by global private equity firm The Jordan Company for $48.25 per share, with an equity value of roughly $1.3 billion.13-Sept-2021

What does Echo Global Logistics do?

Client Services From coast to coast, by road, rail or sea, Echo connects businesses that need to ship their products with carriers who transport goods quickly, securely, and cost-effectively. We're your one-stop logistics shop.

What is Echo Global Logistics worth?

This statistic displays the total assets of Echo Global Logistics from 2013 to 2020. In 2020, the Chicago-based freight and supply chain management company reported total assets valued just under 964 million U.S. dollars.

Is Echo logistics a 3PL?

For the fourth consecutive year, Echo Global Logistics has been voted the #1 third-party logistics provider in the Inbound Logistics Top 10 3PL Excellence Awards.17-Nov-2021

Who bought Echo Global Logistics?

The Jordan Company

What happened ECHO stock?

(Nasdaq: ECHO) ("Echo"), a leading provider of technology-enabled transportation and supply chain management services, today announced that it has been acquired for $48.25 per share in cash by an affiliate of The Jordan Company, L.P., a global private equity firm. ("TJC").23-Nov-2021

Does Echo Global Logistics drug test?

Background check, no drug test.

How does a echo work?

Echoes. An echo is a sound that is repeated because the sound waves are reflected back. Sound waves can bounce off smooth, hard objects in the same way as a rubber ball bounces off the ground. Although the direction of the sound changes, the echo sounds the same as the original sound.

How many employees does Echo Global Logistics have?

As of December 31, 2020, the Chicago-based freight and supply chain management company employed 2,593 people.

Is Echo stock a buy?

The consensus among Wall Street research analysts is that investors should "hold" ECHO shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ECHO, but not buy additional shares or sell existing shares. View ECHO analyst ratings or view top-rated stocks.

Is Echo a publicly traded company?

Echo completed its initial public offering in October 2009.

What are global logistics?

Global logistics involves the movement of goods—by truck, train, ship, or plane—as well as preparation, packaging and storage of goods in distribution centers and other logistics real estate facilities.10-Jun-2021

Where is the Jordan Company located?

New York City

Can you make money at TQL?

It's about the same as any entry-level sales job you'll find. Low base salary, requires after hours work, managers pick favorites, 80-150 cold calls a day, poor work/life balance (depending on the accounts you land), but plenty of potential to make money. It's hard work and if the grind life isn't for you, that's ok.

How much does echo cost per month?

Is there a monthly fee for Amazon Alexa? No, there's no monthly fee charged for Amazon Alexa. All you need is a stable WiFi connection to make your Echo work. However, having an Amazon Prime account gives you various benefits of using the Echo.04-Feb-2022

What do you need to operate echo?

Who makes the echo?

Since 2014, Amazon's smart speakers and displays have been listening for their wake words, ready to set timers and give you the weather, among other things. Alexa has expanded her virtual footprint to other interesting products and even software. You can access Alexa in apps like Amazon Music on iOS or Android.

How many locations does Echo Global Logistics have?

Headquartered in Chicago with more than 30 offices around the country, Echo offers freight brokerage and Managed Transportation solutions for all major modes, including truckload, partial truckload, LTL, intermodal, and expedited.

What do you understand by logistics?

Logistics is the process of planning and executing the efficient transportation and storage of goods from the point of origin to the point of consumption. The goal of logistics is to meet customer requirements in a timely, cost-effective manner.

Which is the number one logistics company in world?

UPS

What are the benefits of global logistics?

What are the Advantages of Global Logistics?

What happened to Echo Global Logistics?