Echo Global Logistics Launches FlexTMS(TM), A Self-Service Transportation Management System With Integrated Managed Services
CHICAGO, Feb. 2, 2011 (GLOBE NEWSWIRE) -- Echo Global Logistics, Inc. (Nasdaq:ECHO), a leading provider of technology enabled transportation and supply chain management services, today announced that it has launched a self-service Transportation Management System (TMS) called FlexTMS™.
"Echo provides cost effective transportation management services for thousands of clients through an outsourcing model by leveraging our technology, purchasing power and expertise. FlexTMS enables our clients to utilize Echo's technology and service model while maintaining control over the procurement process," said Douglas R. Waggoner, chief executive officer. "Our FlexTMS solution will automate time consuming processes for clients and provide greater visibility to the entire transportation management function while allowing them to continue their existing carrier relationships."
FlexTMS is a software-as-a-service TMS with integrated managed services. This "a-la-carte" product provides shippers with a customized, cost effective solution for their logistics needs. It offers clients a standard solution which includes routing guide management, automated load entry, tendering and acceptance, load visibility with customized reporting and analytics complemented by industry experts to assist with freight management.This product is unique in that it was created for shippers with strong buying power and carrier leverage but lacking advanced technology. The self-service cloud based TMS gives these shippers advanced functionality without the large capital investment necessary to acquire and implement their own software. Users have access to experts in the transportation industry in addition to a web-based portal that is tailored to their specific needs. "We feel that this product will help expand Echo's reach to an untapped market and bring our Company to the next level," said Waggoner. "Echo is committed to listening to the marketplace and delivering world class solutions." About Echo Global Logistics Chicago-based Echo Global Logistics is a leading provider of technology enabled transportation and supply chain management services, delivered on a proprietary technology platform, serving the transportation and logistics needs of its clients. Echo's web-based technology platform compiles and analyzes data from its network of over 24,000 transportation providers to serve its clients' shipping and freight management needs. Echo procures transportation and provides logistics services for more than 11,600 clients across a wide range of industries, such as manufacturing, construction, consumer products and retail. For more information on Echo, visit: www.echo.com . Follow Echo on Twitter @echologistics. The Echo Global Logistics, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=5293
CONTACT: Echo Global Logistics, Inc. Heather Mills 312-276-3222 firstname.lastname@example.org
Check Out Our Best Services for Investors
Jim Cramer and Stephanie Link reveal their investment tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
Jim Cramer's protégé, David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
Check Out Our Best Services for Investors
Jim Cramer's protégé, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
Every recommendation goes through 3 layers of intense scrutinyquantitative, fundamental and technical analysisto maximize profit potential and minimize risk.
Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.