# Echo Global Logistics

Echo Global Logistics is an Asset Manager based in Chicago, United States.

## Overview

- **Organization type:** Asset Manager
- **Headquarters:** Chicago, United States
- **Region:** North America
- **Address:** Chicago, IL, United States
- **Founded:** 2005
- **Assets under management:** Undisclosed
- **Website:** echo.com
- **LinkedIn:** https://www.linkedin.com/company/fcws-llc

## Regulatory record

- **Reports private funds:** No

## About

Distributor of quality Car Wash wash solutions and supplies. We're a hands on company that monitors car wash sites for cost effective delivery of wash solutions. We provide the WOW factor that car wash owners look to give ther customers.

## Sectors

- Logistics & Supply Chain

## People

- Douglas Waggoner — Chief Executive Officer
- Peter Rogers — Chief Financial Officer

## Questions

### Who runs investment decisions at Echo Global Logistics?

Echo Global Logistics is not an investment firm — it is an operating logistics company. Strategic decisions, including the 2021 take-private transaction, are led by CEO Doug Waggoner and the board, with financing and ownership provided by private equity sponsor The Jordan Company.

### How is Echo Global Logistics related to The Jordan Company?

The Jordan Company acquired Echo Global Logistics in a take-private transaction that closed in November 2021, valued at approximately $1.3 billion. Echo was previously listed on the Nasdaq under ticker ECHO from its 2009 IPO until the deal concluded. The Jordan Company is a middle-market private equity firm with over $18 billion in assets under management.

### What is Echo Global Logistics' core business model?

Echo operates a non-asset-based third-party logistics brokerage. It does not own trucks, ships, or warehouses. Instead, it uses proprietary software to match shippers' freight with available carrier capacity, earning a spread between what the shipper pays and what the carrier receives.

### Does Echo Global Logistics participate in fund commitments or direct deals?

Echo is an operating company, not an institutional allocator. It does not make fund commitments or direct investments. The firm deploys capital exclusively into its own technology platform, sales infrastructure, and strategic logistics acquisitions.

### What freight modes does Echo Global Logistics handle?

The firm moves freight across truckload, less-than-truckload, intermodal rail, partial truckload, and international air and ocean. This multimodal capability allows Echo to serve shippers that need flexibility across lanes and shipment sizes, rather than simply providing point-to-point truck brokerage.

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Last updated: 2026-06-03T20:00:00.000Z

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