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Transportation M&A image Transportation M&A » By The Online Investor Staff, updated Sun., Jan. 17, 7:15 PM Recent mergers and acquisitions in the Transportation M&A category.

Slide #73. Echo Global Logistics, Inc. Sharp Freight Systems, Inc.

Acquirer: Echo Global Logistics, Inc. (NASDAQ:ECHO)
Acquiree: Sharp Freight Systems, Inc.
Details: Echo Global Logistics, Inc., a leading provider of technology-enabled transportation and supply chain management services, has acquired substantially all of the assets of Sharp Freight Systems, Inc. ("Sharp Freight"), an intermodal and truckload brokerage headquartered in Yorba Linda, CA with offices in Houston, TX. For the prior 12 months, Sharp Freight generated approximately $71 million in gross revenue. Effective immediately, Sharp Freight will begin doing business as Echo Global Logistics, Inc.

Echo Global Logistics is a provider of transportation and supply chain management solutions. Co. utilizes a proprietary technology platform to compile and analyze data from its multi-modal network of transportation providers. Co. focuses primarily on arranging transportation with truckload and less than truckload carriers. Co. also provides intermodal, small parcel, domestic air, expedited and international transportation services. Co.'s logistics services include carrier selection, dispatch, load management and tracking. Co. procures transportation and provides logistics services for clients across manufacturing, construction, food and beverage, consumer products and retail industries.

ECHO SEC Filing Email Alerts Service


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Company Name: 
Echo Global Logistics Inc
Stock buyback: 
ECHO buyback
Website: 
www.echo.com
Sector: 
Air Services Other
Number of ETFs Holding ECHO: 
42
Total Market Value Held by ETFs: 
$135.53M
Total Market Capitalization: 
$727.00M
% of Market Cap. Held by ETFs: 
18.64%
 

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Buy (3.40 out of 4)
54th percentile
(ranked higher than approx. 54% of all stocks covered)

Analysts' Target Price:
ECHO Stock Forecast

Based on Zacks ABR data;
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