Market share gains in the brokerage space remain central to Echo Global Logistics' long-term growth.
Narrow-moat highway broker Echo Global Logistics’ third-quarter gross revenue grew a modest 2% year over year, on an organic basis. Gross revenue didn’t deviate significantly from our anticipated run rate, as we’ve been baking in the impact of anemic pricing conditions, particularly in terms of contractual business repricing lower. However, the firm posted a 7.5% decline in net revenue, which fell short of our expectations. The shortfall stems from greater-than-expected gross profit margin compr...Echo Global Logistics is a provider of technology-enabled transportation and supply chain management solutions. The company utilizes a technology platform to compile and analyze data from its multi-modal network of transportation providers. The company focuses on arranging transportation with truckload and less than truckload carriers. The company also provides intermodal, small parcel, domestic air, expedited and international transportation services. The company's logistics services include carrier selection, dispatch, load management and tracking. The company procures transportation and provides logistics services for clients across manufacturing, construction, food and beverage, consumer products and retail industries.
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
We have operations in 27 countries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.