Echo Global Logistics to acquire ITS Logistics.

Echo Global Logistics, a transportation and supply chain services provider, agreed to acquire ITS Logistics, a supply chain and 3PL provider. Financial terms are not disclosed. "This acquisition represents a meaningful strategic opportunity for Echo and our customers. ITS has built a highly differentiated set of solutions, including drop trailer and trailer pool capabilities, backed by best-in-class execution that delivers reliability and flexibility across complex networks. By applying Echo's proprietary technology, advanced analytics, and growing AI capabilities to the ITS solution set, we will strengthen our value proposition for a broader range of customers," Doug Waggoner, Echo Chief Executive Officer.