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Echo Global Logistics launches new platform, app and portal for shippers and carriers
Company launches EchoDrive, a carrier app and web portal with access to Echo's private load board, on new EchoAccelerator platform
Echo Global Logistics, Inc. (NASDAQ: ECHO) has lauched EchoDrive, a carrier-facing web portal and mobile app that displays Echo's available loads for the company's carrier network to bid on. EchoDrive is being combined with EchoShip, Echo's self-service shipping platform, enabling shippers and carriers to interact on a common platform – EchoAccelerator.
EchoDrive gives carriers the ability to book, manage, and get paid on freight hauled for Echo. EchoDrive users get real-time access to search, view, and bid on available freight, reducing the effort associated with finding freight for their available equipment.
Also built on the EchoAccelerator platform, EchoShip consolidates and simplifies shipping by enabling customers to build loads, store frequently used shipment information, and track shipments in real time. Shippers can also search, view, and pay all invoices using EchoShip.
In addition to automating day-to-day shipments, EchoShip offers a host of tools designed just for shippers. For example, EchoShip automatically alerts shippers of potential issues such as excessive weight, expired quotes, or holiday transit delays.
EchoConnect, which is also supported by EchoAccelerator, is Echo's integration platform that enables the company to connect to thousands of shippers and carriers via Application Programming Interface (API) and Electronic Data Interchange (EDI) technology.
"Echo was founded on the concept that through our disruptive technology we could simplify transportation and bring efficiencies into the huge and highly fragmented transportation market," said Doug Waggoner, Chairman of the Board of Directors and Chief Executive Officer at Echo. "We first introduced an online shipping portal 12 years ago, and our new proprietary EchoAccelerator platform along with EchoDrive and EchoShip mark the latest advancement in Echo's ongoing digital evolution."
"EchoDrive provides our carriers an efficient platform, available on the web and via mobile, enabling real-time visibility and driving efficiencies for our carriers to manage freight," said Dave Menzel, President and Chief Operating Officer at Echo. "This new capability now allows our carriers to view thousands of loads available on our open board. Our search capabilities enable carriers to quickly find strong matches at any time and provide real-time bids to book freight and keep their equipment rolling."
EchoDrive user Mitch Patitia, Vice President of Operations at ATS Freeway, commented on how the technology streamlines his booking process. "Since Echo developed EchoDrive, our dispatchers have greater access to available loads, increasing their possibility of booking a load," said Patitia. "The technology saves a lot of time for our dispatchers. They can now find loads with Echo and book them online any time they want."
"EchoAccelerator, which is built on our proprietary architecture and integrates with best-in-class industry technology, allows us to re-envision how technology can streamline transportation management," said Miles English, Chief Information Officer at Echo. "The beauty of EchoAccelerator is that it allows for quicker deployment of enhancements based on shipper and carrier feedback. We will continue to roll out additional features for our products using this flexible and innovative platform."