Echo Global Logistics Achieves 44th Place in 2012 InformationWeek 500
Company Recognized for Cloud-Based Transportation Management System
CHICAGO, IL -- (Marketwire) -- 10/17/12 -- Echo Global Logistics
(NASDAQ: ECHO), a leading provider of technology-enabled
transportation and supply chain management services, today announced
it has been ranked 44th in this year's InformationWeek 500 list of
top technology innovators in the U.S., climbing this year to break
into the Top 50 companies. The company was recognized this year for
its innovative FlexTMS service.
"Our transportation management system, FlexTMS, gives clients
complete visibility, control, compliance and analytics to respond to
their transportation and logistics needs -- without the need to
invest in costly software and licensing or initiate lengthy
integration projects," said Doug Waggoner, Chief Executive Officer of
Echo Global Logistics. "Echo technology provides our clients with
better business intelligence and a seamless system for handling their
FlexTMS innovation rests in its web-enabled, self-service
transportation and freight management capabilities. This service
automates a number of functions such as selecting carriers, creating
shipments, and providing order status updates. FlexTMS gives clients
complete transparency to view all transportation activities and
related business processes simultaneously across all their contracts.
Housed on an Echo private, cloud-based site, the system allows data
to be shared among clients, carriers and Echo account managers and
produces efficiencies that lower costs. "At Echo, we nurture an
entrepreneurial and innovative environment," said Michael Reed, Vice
President of Technology. "We are delivering more new services for our
clients through FlexTMS than ever before."
Echo was one of only four companies in the transportation and
logistics industry placing in the Top 50 in this year's keen
competition for best business technology users. "What the editors
looked for were unconventional approaches -- new technologies, new
models, new ways of grabbing business opportunities and solving
complex business problems with IT," said Rob Preston, InformationWeek
Editor in Chief.
InformationWeek identifies and honors the nation's most innovative
users of information technology with its annual 500 listing, and also
tracks the technology, strategies, investments, and administrative
practices of America's best-known companies. Past overall winners
include PACCAR Inc., The Vanguard Group, CME Group, National
Semiconductor, Con-Way, and Principal Financial Group. The
InformationWeek 500 rankings are unique among corporate rankings as
they spotlight the power of innovation in information technology,
rather than simply identifying the biggest IT spenders.
Additional details on the InformationWeek 500 can be found online at
About Echo Global Logistics
Echo Global Logistics, based in Chicago,
is a leading provider of technology-enabled transportation and supply
chain management services. Echo maintains a proprietary web-based
technology platform that compiles and analyzes data from its network
of over 24,000 transportation providers to serve its clients'
transportation and supply chain management needs. Echo services
clients across a wide range of industries, such as manufacturing,
construction, consumer products and retail. For more information on
Echo, visit: www.echo.com.
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ECHO INVESTOR RELATIONS CONTACT:
Echo Global Logistics
ECHO MEDIA CONTACT:
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