Echo Global Logistics Inc
Change company Symbol lookup
Select an option...
ECHO Echo Global Logistics Inc
NS NuStar Energy LP
DOCU DocuSign Inc
VHUB Vapor Hub International Inc
VMC Vulcan Materials Co
VLO Valero Energy Corp
VIAC ViacomCBS Inc
VFC VF Corp
VECO Veeco Instruments Inc
VALE Vale SA
Go

Industrials : Air Freight & Logistics | Small Cap Blend
Company profile

Echo Global Logistics, Inc. is a provider of technology-enabled transportation and supply chain management solutions. The Company utilizes a technology platform to compile and analyze data from its multi-modal network of transportation providers to facilitate its transportation and logistics services. The Company focuses primarily on arranging transportation by truckload (TL) and less than truckload (LTL) carriers. It also offers intermodal (which involves moving a shipment by rail and truck), small parcel, domestic air, expedited and international transportation services. The Company's core logistics services include rate negotiation, shipment execution and tracking, carrier selection and management, routing compliance freight bill payment and audit, payment and performance management and reporting functions.

Price
Delayed
$30.44
Day's Change
-0.68 (-2.19%)
Bid
--
Ask
--
B/A Size
--
Day's High
30.82
Day's Low
30.26
Volume
(Average)

Today's volume of 103,948 shares is on pace to be in-line with ECHO's 10-day average volume of 147,676 shares.

103,948

UPDATE: Canadian cannabis company Sundial says has issued notice of default to Zenabis regarding senior loan

7:35 am ET January 6, 2021 (MarketWatch)
Print

Canadian cannabis company Sundial Grower's Inc. (SNDL) said Wednesday it has issued a notice of default to Zenabis regarding certain defaults under the terms of its senior loan. Sundial acquired a special purpose vehicle last week that owns C$51.9 million ($40.9 million) of the senior loan. Sundial said it had received a principal payment of C$7 million on Dec. 31 from Zenabis Investments Ltd., a unit of Zenabis Global Inc., in accordance with the terms of the loan. It said Zenabis is disputing the defaults. Zenabis later issued a statement alleging that Sundial made the investment in its lender as part of an effort to force it into a deal. "The Company believes the Senior Lender's allegations to be spurious and without merit and intends to vigorously defend against what it considers to be an ill-disguised attempt to circumvent a fair and competitive process to acquire the Company by improperly foreclosing the equity of the Company or compelling Zenabis to enter into a transaction with Sundial," said the statement. Sundial shares were up 17% premarket, as part of a broader rally in the cannabis sector on hopes the pro-cannabis reform Democrats may take the Senate after Raphael Warnock won one of two Senate runoffs in Georgia early Wednesday, according to the Associated Press, bringing Democrats a seat closer to a Senate majority. With 97% of the expected vote total reported, Democratic challenger Jon Ossoff was leading Republican Sen. David Perdue by just 0.22 percentage points, according to data aggregated by the Associated Press. Sundial has a checkered history, and once had a $1 billion valuation (http://www.marketwatch.com/story/how-a-cannabis-unicorn-lost-80-of-its-value-in-six-months-2020-02-03). The stock closed Tuesday at 54 cents.

-Ciara Linnane; 415-439-6400; AskNewswires@dowjones.com

	

(END) Dow Jones Newswires

January 06, 2021 07:35 ET (12:35 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.

Earnings Calendar and Events Data provided by |Terms of Use| © 2021 Wall Street Horizon, Inc.

Market data accompanied by is delayed by at least 15 minutes for NASDAQ, NYSE MKT, NYSE, and options. Duration of the delay for other exchanges varies.
Market data and information provided by Morningstar.

Options are not suitable for all investors as the special risks inherent to options trading may expose investors to potentially rapid and substantial losses.
Please read Characteristics and Risks of Standard Options before investing in options.

Information and news provided by ,, , Computrade Systems, Inc., , and

Copyright © 2021. All rights reserved.