Echo Global Logistics, Inc. Acquires SelecTrans, LLC
Chicago, IL April 24, 2007 Echo Global Logistics, Inc., a leading provider of transportation management services, has acquired SelecTrans, LLC, a freight management software provider based in Chicago, IL.
SelecTrans' proprietary web-based software, "ShipKit," allows shippers and third-party logistics providers to integrate with carriers and manage their transportation processes including the optimization of price and service as well as shipment tracking, electronic invoicing and payment processing.
"SelecTrans' 'ShipKit' software will be an excellent addition to the Echo technology suite," said Orazio Buzza, President of Echo.
SelecTrans, founded in 2004, provides process/systems integration and consulting for all facets of transportation and deploys technologies using both on- and off-shore development.
"We are thrilled to be a part of Echo," said Daryl Chol of SelecTrans. "As a high-growth technology company, Echo is the perfect home for the SelecTrans products and expertise."
About SelecTrans, LLC
SelecTrans is a freight management and software solutions provider for supply-chain participants including shippers, carriers, third-party logistics providers and transportation intermediaries. SelecTrans' proprietary technology, "ShipKit," is a robust transportation management system allowing for process and system integration, technical tools for logistics, and complete transportation management.
About Echo Global Logistics, Inc.
Privately-held Chicago-based Echo is a technology-driven transportation management outsourcing firm which helps clients reduce their transportation spend. Echo's enterprise and transactional clients range from small businesses to Fortune 100 companies. Echo's transportation management solutions deliver cost savings through proprietary access to unparalleled transportation market data, custom-built world-class technology, a "best cost" global labor platform, an extensive nationwide network of carriers, and buying leverage resulting from the aggregated spend on behalf of Echo's clients. For more information on Echo, visit: www.echo.com.