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Here's the current margin snapshot for Echo Global Logistics over the trailing 12 months: Gross margin is 19.2%, while operating margin is 3.1% and net margin is 2.0%.
Margins matter. The more Echo Global Logistics (NAS: ECHO) keeps of each buck it earns in revenue, the more money it has to invest in growth, fund new strategic plans, or (gasp!) distribute to ...
Margins matter. The more Echo Global Logistics (NAS: ECHO) keeps of each buck it earns in revenue, the more money it has to invest in growth, fund new strategic plans, or (gasp!) distribute to ...
Total Quality Logistics (TQL) is a North American freight brokerage and third-party logistics firm. [4] It was founded in 1997 by Ken Oaks in Cincinnati , and is headquartered in nearby Union Township, Clermont County, Ohio , United States.
In February 2005, Keywell co-founded Echo Global Logistics, [20] a technology-enabled provider of transportation and logistics services, which had an IPO on NASDAQ in 2009. [21] Keywell was the founding CEO, then was chairman and lead independent director until 2017. [22] Echo was acquired in 2021 by The Jordan Company for $1.3 billion. [20]
Logistics is inherently difficult and complex for a global supply chain as it deals with trade regulations, shipping distances, and cross-currency issues. Companies and/or organizations who place an emphasis on logistics management can find themselves with a serious competitive advantage as it has a clear visible impact on customers. [6]
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