Warnings of a tough outlook as US trucker numbers show signs of decline
After two years of rapid growth, the number of US trucking operators is set to ...
It looks as if there will be further consolidation in the US after Echo Global Logistics, the Chicago-based freight broker, is on the lookout for a new acquisition. The company has gone through a series of acquisitions, reports the WSJ, but the last was in April 2015 and it is now ready for more. But apparently it’s not the only one looking for M&A growth, a trend triggered by a flat market and lack of scale among some players. Echo is taking it seriously – and has hired an investment bank analyst to work on deals.
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