2Q Earnings

ECHO earnings: looking for spot volumes

Echo Global Logistics’ (NASDAQ: ECHO) second-quarter results and management commentary confirmed our basic view of the trucking market, which is that tighter capacity has made markets more sensitive, and strong volume growth is pushing spot rates up. Positive revenue guidance for Q3 was another strong signal of a fundamentals-driven recovery

By |July 23rd, 2020|3PLs, Financials, Special Topic|