Updated: March 25, 2026—Echo Global Logistics has, according to apress releasecompleted its acquisition of ITS Logistics. The transaction creates a transportation giant with annual revenue exceeding $5 billion—although the parties noted that the combined 2025 revenue is ultimately projected at $5.2 billion, rather than the initially expected $5.4 billion.

Echo Global Logistics CEO Doug Waggoner emphasized that the two companies' complementary services present an opportunity to expand their business scope.

Brief Overview:

  • Echo Global Logistics announced on Wednesday that it has signed a definitive agreement with GHK Capital Partners LP to acquire its subsidiary ITS Logistics (source:company announcement）。
  • Although the transaction price was not disclosed, according to the press release, the deal will create a transportation and logistics giant with projected pro forma revenue of $5.4 billion in 2025. The transaction is expected to close in the first half of 2026.
  • ITS Logistics CEO Scott Pruneau stated that joining forces with Echo will enhance ITS's service levels. He noted that Echo's full truckload brokerage scale, managed transportation platform, cross-border capabilities, extensive intermodal offerings, and technology platform will create additional value for customers.

In-Depth Insight:

Pruneau said in the press release that the merger of the two companies will create economies of scale, helping customers navigate the increasing complexity of today's supply chains.

According to the press release, ITS Logistics, founded in 1999, will retain its existing leadership team and customer-facing structure. However, through the merger, ITS employees will benefit from Echo's technology-driven transportation and supply chain management services.

Echo Global Logistics CEO Doug Waggoner stated that this acquisition represents a "highly strategic opportunity" for his company.

"ITS has built a highly differentiated set of solutions, including trailer drop and trailer pool capabilities, complemented by excellent execution that provides reliability and flexibility across complex networks," he said.

ITS Logistics'DropFleet programbrings mature trailer drop and trailer pool services. Its other capabilities include dedicated capacity, as well as intermodal, drayage, cargo security, and omnichannel fulfillment.

Echo's technology platform leverages automation, machine learning, and artificial intelligence to support pricing, capacity procurement, and freight execution. According to the press release, integrating Echo's technology with ITS Logistics is expected to improve network optimization, responsiveness, and real-time insights in trailer pool and dedicated operations.

"By applying Echo's proprietary technology, advanced analytics, and growing AI capabilities to ITS's solution portfolio, we will strengthen our value proposition for a broader set of customers," Waggoner said.