News / Echo Global profits hit, but cost of Command integration will bring payback, says CEO

Echo Global Logistics may have recorded record revenues in 2016, but the $11.4m cost of integrating acquisition Command Transportation hit the bottom line.

Net income fell 79.7% year-on-year from $7.8m to $1.6m.

The company completed its acquisition of Command in June 2015, which was fully integrated in October.

Chief executive Douglas Waggoner said 2016 had been a hectic year for the company, but the integration had brought significant benefits to future operations.

“We have greatly enhanced our truckload technology platform, invested in our technology infrastructure ...