Echo Acquires ITS Logistics for $5.4B, Winter Storm Fern Disruptions, & Knight-Swift Earnings Miss | Morning Minute
On today’s episode, we discuss the major announcement that Echo Global Logistics is acquiring ITS Logistics to create a combined entity valued at over $5.4 billion. Leadership indicates this merger will enhance their AI capabilities and expand solutions for complex supply chains. We also look at the forecast for Winter Storm Fern, which threatens to paralyze transportation networks across more than 30 states this weekend. Logistics experts warn that heavy ice and snow could trigger ground stops at critical hubs and cause shipment delays of up to 48 hours. Finally, we break down why…
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