CHICAGO, Sept. 26, 2011 (GLOBE NEWSWIRE) -- Echo Global Logistics, Inc. (Nasdaq:ECHO), a leading provider of technology enabled transportation and logistics services,today announced that it ranked 52ndon this year's InformationWeek 500. The annual listing of the nation's most innovative users of business technology was revealed at the exclusive InformationWeek 500 Conference gala awards ceremony that took place earlier this month.
"We are very pleased to have our self-service transportation management program, FlexTMS, recognized by InformationWeek 500," said David Rowe, Chief Technology Officer of Echo Global Logistics. "We feel that this product has helped expand Echo's reach to an untapped market and receiving such a high ranking from InformationWeek 500, both among our peers in the Transportation and Logistics industry and overall, proves that Echo's technology solutions are innovative and will continue to bring our Company to the next level."
Early in 2011, Echo launched a multi-tenant SaaS based Transportation Management System (TMS) called FlexTMS. FlexTMS provides an automated, fully functional TMS without the need to initiate lengthy and expensive system integration projects. FlexTMS offers a turnkey solution which provides clients visibility and automation of the underlying business processes across all transportation activities and carrier contracts.
"For 23 years, the InformationWeek 500 has chronicled and honored the most innovative users of business technology," said InformationWeek Editor In Chief Rob Preston. "In this day and age, however, being innovative isn't enough. Companies and their IT organizations need to innovate faster than ever before to stay a step or two ahead of their customers, partners and competitors. This year's ranking placed special emphasis on those high-octane business technology innovators."
InformationWeek identifies and honors the nation's most innovative users of information technology with its annual 500 listing, and also tracks the technology, strategies, investments and administrative practices of America's best-known companies. The InformationWeek 500 rankings are unique among corporate rankings as it spotlights the power of innovation in information technology, rather than simply identifying the biggest IT spenders.
Additional details on the InformationWeek 500 can be found online at www.informationweek.com/iw500/.
About Echo Global Logistics, Inc.
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 has procured transportation and provided logistics services for more than 22,700 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.
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