Echo Global Logistics, Inc., a privately held provider of transportation management services, acquired SelecTrans, LLC, a freight management software provider. Both companies are based in Chicago.
Founded in 2004, SelecTrans is a freight management software provider for shippers, carriers, third-party logistics providers and transportation intermediaries. SelecTrans' web-based software, "ShipKit," allows shippers and third-party logistics providers to integrate with carriers and manage transportation processes including the optimization of price and service as well as shipment tracking, electronic invoicing and payment processing.
"We are thrilled to be a part of Echo," said Daryl Chol of SelecTrans. "As a high-growth technology company, Echo is the perfect home for the SelecTrans products and expertise."