Sign up for our FREE newsletter
Receive FREE Newsletter
Advanced Search
+

Echo Global Logistics sees third-quarter earnings plunge

TFII: SOLID AS USUALMAERSK: WEAKENINGF: FALLING OFF A CLIFFAAPL: 'BOTTLENECK IN MAINLAND CHINA'AAPL: CHINA TRENDSDHL: GROWTH CAPEXR: ANOTHER SOLID DELIVERYMFT: HERE COMES THE FALLDSV: LOOK AT SCHENKER PERFORMANCEUPS: A WAVE OF DOWNGRADES DSV: BARGAIN BINKNX: EARNINGS OUTODFL: RISING AND FALLING AND THEN RISING

TFII: SOLID AS USUALMAERSK: WEAKENINGF: FALLING OFF A CLIFFAAPL: 'BOTTLENECK IN MAINLAND CHINA'AAPL: CHINA TRENDSDHL: GROWTH CAPEXR: ANOTHER SOLID DELIVERYMFT: HERE COMES THE FALLDSV: LOOK AT SCHENKER PERFORMANCEUPS: A WAVE OF DOWNGRADES DSV: BARGAIN BINKNX: EARNINGS OUTODFL: RISING AND FALLING AND THEN RISING

default_image
© Khunaspix Dreamstime.
By

Although third-quarter revenues at one of North America’s fastest-growing freight and transport firms, Echo Global Logistics, was up some 40% year-one-year, net profit fell by nearly 37% as it sought to win new business in a “soft environment”. Operating cash flow, working capital and debt all rose compared with the third quarter last year.

Read more...

Comment on this article

You must be logged in to post a comment.

    Related Stories

    Topics

    Echo Global Logistics The Purse Strings financial results Hapag-Lloyd Rates - the eternal tango

    Most read news

    Crew member dies as Maersk Frankfurt catches fire on maiden voyage

    Maersk Frankfurt owner declares General Average, as fire-fighting continues

    More danger to box ships as Houthis expand Red Sea attack arena

    Bangladesh 'jam-packed' with cargo as curfew and internet restrictions continue

    K+N eyes more cost-cutting after first-half profit and market share declines

    'Last chance' for US importers to stock up before possible east coast port strike

    New FMC regulation rules out carrier 'lame excuses' for rolling cargo

    Maersk Frankfurt heads for open water as container fire subsides

    Trump tariffs could spark 'global trade war', warns industry think-tank

    Vizhinjam gets a head start in its quest to be a major transhipment hub

    Ocean freight hits the jackpot as cherries line up for a controlled modal switch

    'Kick-ass' DSV beats Kuehne to the punch

    Ripples from IT outage could spread through supply chains 'for weeks'

    Etihad Cargo: Enhancing connectivity and capacity through partnerships

    MSC continues to expand fleet with vintage vessels as profits top scrap value

    Container spot rates have peaked as all major trades see prices fall