Echo Global Logistics has agreed to acquire ITS Logistics, bringing two major names in third-party logistics together. The companies said the agreement will create a combined organization with around $5.4 billion in revenue for 2025.
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The companies signed a definitive agreement on Wednesday, and they expect the deal to close in the first half of 2026, once normal approvals are complete.
ITS Logistics will keep its current leadership team and its own customer-facing group after the deal wraps up.
“This acquisition represents a meaningful strategic opportunity for Echo and our customers,” said Doug Waggoner, Chief Executive Officer at Echo. “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 technology, advanced analytics, and growing AI capabilities to the ITS solution set, we will strengthen our value proposition for a broader range of customers.”
“Joining forces with Echo marks an exciting new chapter for ITS Logistics,” said Scott Pruneau, Chief Executive Officer at ITS Logistics. “Echo’s truckload brokerage scale, managed transportation platform, strong cross-border capabilities, and broad multimodal offering — combined with its technology platform and AI-driven innovation — will enable us to elevate our service offerings and provide enhanced value to our customers.”
Echo is based in Chicago, and ITS Logistics is headquartered in Reno, Nevada. Together, the companies say they will be positioned to serve more customers across North America with a wider set of freight services.
