Echo-ITS Deal Creates $5.4B Revenue Powerhouse
Echo Global Logistics has closed its acquisition of ITS Logistics, merging two established 3PL operators into a single entity with projected 2025 revenues of $5.4 billion. The deal marks another significant consolidation move in the third-party logistics sector.
The combined company brings together Echo's technology-driven brokerage model with ITS Logistics' warehousing and transportation capabilities. While specific deal terms weren't disclosed, the revenue projection signals the scale both companies bring to the table.
For 3PL operators watching this space, the acquisition continues a trend of mid-market consolidation as companies seek scale advantages in technology investment and carrier relationships. The $5.4 billion revenue target puts the combined entity in direct competition with other large-scale brokerages navigating soft freight market conditions.
The timing is notable—the deal closes as the logistics industry works through capacity adjustments and pricing pressures that have defined the market since 2023. How the combined operation leverages its increased scale in this environment will be a key indicator for similar consolidation plays ahead.
