Echo Global Logistics Recognized by Forbes as One of "Best Small Companies in America"
CHICAGO, IL -- (Marketwired) -- 10/22/13 -- Echo Global Logistics, Inc. (NASDAQ: ECHO), a leading provider of technology-enabled transportation and supply chain management services, announced today its selection by Forbes as one of the "Best Small Companies in America," one of 100 companies to receive the distinction.
"We are proud to have earned recognition by Forbes as one of the best performing public companies in the U.S. with sales under $1 billion," saidDouglas R. Waggoner, Chief Executive Officer of Echo Global Logistics. "The award is acknowledgement that our growth in all segments of our business continues to accelerate, which we attribute to our top talent and smart acquisition strategies. Our commitment to simplifying the transportation and logistics management process drives measurable results for our clients and other key stakeholder groups. We look forward to a strong finish in 2013 and continued sales and revenue growth through 2014 and beyond."
Forbes' rankings are based on earnings growth, sales growth and return on equity over the past 12 months, and over five years. It also factored in stock performance versus each company's peer group as of October 1st. The complete list can be found at http://www.forbes.com/best-small-companies/.
About Echo Global LogisticsEcho Global Logistics, based in Chicago, is a leading provider of technology-enabled transportation and supply chain management services, delivered on a proprietary technology platform, serving the transportation and logistics needs of its clients. Echo maintains a web-based technology platform that compiles and analyzes data from its network of over 24,000 transportation providers to serve its clients' shipping and freight management needs. Echo procures transportation and provides logistics services for clients across a wide range of industries, such as manufacturing, construction, consumer products and retail. For more information on Echo, visit: www.echo.com.