Echo Global Logistics Names Chief Executive Officer Echo Global Logistics Names Chief Executive Officer Chicago, IL, January 9, 2007 Echo Global Logistics, Inc., a technology-driven transportation management outsourcing firm, today announced that Douglas R. Waggoner has joined the company as Chief Executive Officer. Waggoner's career in the transportation industry spans more than two decades. Most recently, he was President and CEO of USF Bestway, a $250 million subsidiary of $10 billion publicly owned transportation company YRC Worldwide, Inc. In an earlier role at USF Corporation, Mr. Waggoner served as Senior Vice President of Strategic Marketing. "Attracting a respected and experienced executive with an impressive track record such as Doug is a major milestone for the company," said Orazio Buzza, President of Echo Global Logistics. "Doug's leadership and technology expertise will be a tremendous asset at Echo Global Logistics." Echo has led the industry across multiple modes, including LTL, Truckload, Small Parcel and Air / Expedited, with consistent triple-digit growth since it was founded in 2004. "My decision to join Echo Global Logistics was the result of a strong belief in its people, culture, technology and a proven business model that reflects the future of business process outsourcing for transportation management," said Mr. Waggoner. "I am excited about the value we deliver to our clients and being part of a company with such tremendous growth potential." Prior to his positions at USF Bestway, Mr. Waggoner was President and Chief Operating Officer at Daylight Transport, a privately owned LTL transportation company. Before being promoted to that position, he served as Chief Information Officer, during which he led the development of a leading edge, enterprise transportation management system. His prior experience includes various positions in operations, sales, marketing and technology with Yellow Freight System, Consolidated Freightways and McLean Trucking Company. Mr. Waggoner, 47, earned his Bachelor of Arts in Economics from San Diego State University in 1980.