The companies said the combined entity would have 2025 pro forma revenues totaling $5.4 billion. (Echo Global Logistics)
January 21, 2026 6:03 PM, EST
Key Takeaways:
- Echo Global Logistics said Jan. 21 it will buy third-party logistics provider ITS Logistics from GHK Capital Partners for an undisclosed sum.
- The combined company would have 2025 pro forma revenue of $5.4 billion, boosting Echo’s scale across brokerage, managed transportation and multimodal services.
- The deal is expected to close by June 2026, ITS leadership will stay, and Echo plans to apply technology and AI to expand offerings.
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Echo Global Logistics will buy third-party logistics provider ITS Logistics for an undisclosed sum from private equity firm GHK Capital Partners, the companies said Jan. 21. The deal is expected to close by the end of the first half of 2026.
Greenwich, Conn.-based GHK acquired ITS for an undisclosed sum in June 2021. GHK also owns freight forwarder Horizon Global.
Reno, Nev.-based ITS was founded in 1999 and has just over 1,000 employees.
ITS developed a drop trailer and trailer pool program, DropFleet, as well as offering dedicated capacity, intermodal and drayage solutions, freight security, omnichannel fulfillment and sustainability-focused transportation strategies.
“Joining forces with Echo marks an exciting new chapter for ITS Logistics,” said CEO Scott Pruneau. “Echo’s truckload brokerage scale, managed transportation platform, strong cross-border capabilities and broad multimodal offering — combined with its technology platform and [artificial intelligence]-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.”
ITS’ existing leadership team will remain with the company.
The companies said the combined entity would have 2025 pro forma revenues totaling $5.4 billion.
Echo ranks No. 21 on the Transport Topics Top 100 list of the largest logistics companies in North America and No. 5 among freight brokers. Echo has around 2,600 employees.
ITS ranks No. 51 on the logistics Top 100 and No. 18 among freight brokers.
Echo said the deal would expand its scale while accelerating the evolution of ITS’ product offerings through Echo’s technology platform. Echo also closed two deals in 2025 aimed at expanding its scale.
“This acquisition represents a meaningful strategic opportunity for Echo and our customers,” said CEO Doug Waggoner. “ITS has built a highly differentiated set of solutions, including drop trailer and trailer pool capabilities, backed by best-in-class execution that delivers reliability and flexibility across complex networks.
“By applying Echo’s proprietary technology, advanced analytics, and growing AI capabilities to the ITS solution set, we will strengthen our value proposition for a broader range of customers.”
Chicago-based Echo offers freight brokerage and managed transportation solutions for all major modes of freight carriage, including truckload, partial truckload, less-than-truckload, intermodal, cross-border, food-grade and temperature-controlled shipping. The company also offers warehousing services.
Echo’s technology platform leverages automation, machine learning and artificial intelligence to support pricing, capacity sourcing, shipment execution and exception management.
The company expanded its operations in 2025 through acquisitions and organically.
In August, Echo purchased FreightSaver, extending its managed transportation operations and adding five U.S. locations to its network.
FreightSaver provides full truckload, LTL, expedited, specialized freight and managed transportation services. It was founded in 2014 by Ryan Renne and Buster Schwab.
The deal saw the integration of FreightSaver’s operations in Huntington Beach, Calif.; Park City, Utah; Rochester, Mich.; Columbus, Ohio; and Temecula, Calif.
In April, Echo opened an office in Mexico City ahead of an expected doubling of its cross-border freight business in 2025 compared with 2024.
The office initially employed 11 staff but was expanded shortly thereafter. Echo initiated cross-border logistics services in 2016.
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