Echo Global Logistics (ECHO) Acquires Shipper Direct Logistics

July 26, 2012 4:04 PM EDT
Echo Global Logistics, Inc. (Nasdaq: ECHO) has acquired substantially all of the assets of Shipper Direct Logistics, Inc. ("Shipper Direct"), a truckload transportation brokerage located in Nashville, TN. Effective immediately, Shipper Direct will begin doing business as Echo Global Logistics, Inc.

Founded in 1989 by Billy and Angela Suddarth, Shipper Direct is a non-asset based transportation service provider that specializes in truckload solutions for the Southeastern and South Central United States.

During the prior 12 months, Shipper Direct had approximately $18 million in gross revenue.

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