IN THE NEWS: Echo Global Logistics Acquires ITS Logistics to Create $5.4 Billion Combined Entity

FreightWaves
January 21, 2026
John Paul Hampstead

FROM THE ARTICLE: Chicago-based Echo Global Logistics announced that it has signed a definitive agreement to acquire Reno, Nevada-headquartered ITS Logistics, one of North America’s fastest-growing third-party logistics (3PL) providers. The deal, announced Wednesday, will create a combined entity with pro forma 2025 revenue of approximately $5.4 billion, expanding Echo’s scale while integrating ITS’s specialized solutions with Echo’s advanced technology platform.

Founded in 1999 with just two tractors, two drivers, and 40,000 square feet of warehouse space, ITS has evolved into a multifaceted 3PL powerhouse. By 2013, it spun up its asset-light brokerage division, which crossed the $1 billion revenue mark in 2022.

Exceeding $1.3 billion in revenue for 2025, ITS’s headcount tops 1,200 nationwide, with 550 employees at its Reno headquarters. Its portfolio includes North America’s No. 18-ranked asset-light freight brokerage and No. 12-ranked drayage and intermodal solutions, alongside an asset-based dedicated fleet, port and rail drayage, truckload (TL), less-than-truckload (LTL), small parcel, direct-to-consumer, and direct-to-retail delivery covering over 95% of the US in under two days. Standout offerings like its DropFleet drop trailer and trailer pool program, freight security, omnichannel fulfillment, and sustainability-focused strategies have earned it a reputation for tackling complex supply chain challenges.

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The ITS deal accelerates this evolution by blending Echo’s tech prowess with ITS’s asset-light and asset-based strengths. ITS will retain its leadership, including CEO Scott Pruneau, and customer-facing structure, while gaining access to Echo’s carrier network, cross-border expertise, and multimodal offerings.

“Joining forces with Echo marks an exciting new chapter for ITS Logistics,” said Pruneau. “Echo’s truckload brokerage scale, managed transportation platform, strong cross-border capabilities, and broad multimodal offering—combined with its technology platform and AI-driven innovation—will enable us to elevate our service offerings and provide enhanced value to our customers. Together, we will be well equipped to help customers navigate the increasing complexity of today’s supply chain, offering smarter, more connected execution and powerful solutions that drive results.”

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