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Wabash and Echo Global Logistics Partner to Expand Drop Trailer Business

1. Wabash partners with Echo for Trailers as a Service (TaaS). 2. The partnership enhances Echo's drop trailer program and service offerings. 3. Wabash's TaaS provides flexible freight options and eliminates fleet management complexities. 4. Echo aims to differentiate in the competitive market with Wabash's technology. 5. This collaboration opens new revenue opportunities for both companies.

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FAQ

Why Bullish?

The partnership with a leading logistics provider is likely to improve WNC's market position. Historical partnerships in logistics often lead to increased revenue and stock performance.

How important is it?

The partnership enhances service offerings and opens new revenue streams, which is pivotal for WNC's growth.

Why Long Term?

This collaboration will strengthen Wabash's business model, potentially leading to sustained revenue growth. Past examples show long-term benefits from strategic partnerships in the logistics industry.

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Wabash’s Trailers as a Service (TaaS)℠ Helps Echo Unlock New Revenue Opportunities and Better Serve Customers May 01, 2025 06:55 ET  | Source: Wabash National Corporation LAFAYETTE, Ind., May 01, 2025 (GLOBE NEWSWIRE) -- Wabash (NYSE: WNC), a premier provider of diverse solutions that optimize customers’ end-to-end supply chains across transportation, logistics and infrastructure markets, today announced a new partnership with Echo Global Logistics, Inc. (“Echo”), a leading provider of technology-enabled transportation and supply chain management services and voted the #1 third-party logistics provider (3PL) by Inbound Logistics' Top 10 3PL Excellence Awards for eight consecutive years. Echo has selected Wabash’s Trailers as a Service (TaaS)℠ to grow its drop trailer program and enhance service offerings for shippers and carriers nationwide. The partnership enables Echo to leverage Wabash’s expertise in trailer solutions to address a growing demand for flexible freight options. By integrating TaaS into its operations, Echo gains access to capacity on demand without the complexity of fleet ownership. This comprehensive solution allows Echo to expand its customized services in drop trailer freight and deliver greater value to its clients. “Drop trailers are at the heart of creating efficiencies for shippers and carriers, and Wabash’s TaaS solution aligns with our mission to simplify transportation management,” said Jay Gustafson, Executive Vice President of Brokerage Operations at Echo. “This partnership combines Echo’s freight expertise with Wabash’s unmatched trailer solutions. Together, we’re providing a seamless, scalable solution that helps us meet our clients’ evolving needs while driving innovation and growth for our business.” Wabash’s TaaS offers a scalable solution that bundles trailer capacity with maintenance, repair, and telematics, delivered through Wabash’s extensive national dealer and preferred partner network. This all-in, managed-care model eliminates operational inefficiencies of fleet management and allows Echo to focus on delivering reliable, tech-enabled freight solutions. “We’re proud to partner with Echo, one of the most tech-forward 3PLs in the industry, to support their growth in the drop trailer space,” said Mike Pettit, Chief Growth Officer at Wabash. “Echo’s decision to integrate TaaS into their operations highlights the strength of our platform and our ability to adapt to the unique needs of leading freight brokers. Together, we’re driving meaningful efficiencies and opening new opportunities for Echo and its shippers and carriers.” This partnership marks a significant milestone for Echo, as it builds out its drop trailer program to align with its position as an industry leader. With Wabash’s TaaS platform, Echo can confidently pursue new opportunities and further differentiate its offerings in a competitive market. Learn more about TaaS at marketplace.onewabash.com/trailers-as-a-service. Wabash: Changing How the World Reaches You®Wabash (NYSE: WNC) is a premier provider of diverse solutions that optimize supply chains across transportation, logistics and infrastructure markets. Headquartered in Lafayette, Indiana, Wabash combines physical and digital technologies with a connected ecosystem of partners to deliver innovative, end-to-end solutions. Wabash designs, manufactures, and services an extensive range of products supporting first-to-final mile operations, including van trailers, flatbed trailers, tank trailers, truck bodies, structural composites and more. By enabling businesses to thrive today and prepare for tomorrow, Wabash is Changing How the World Reaches You®. Learn more at onewabash.com. About Echo Global Logistics    Echo Global Logistics, Inc. is a leading provider of technology-enabled transportation and supply chain management services. Headquartered in Chicago with more than 30 offices across North America, Echo offers freight brokerage and Managed Transportation Solutions for all major modes, including Truckload, Partial Truckload, LTL, Intermodal, Cross-Border, Temperature-Controlled shipping and warehousing, and Warehouse Services. Named one of Newsweek's Most Trusted Companies in America, Echo leverages its advanced, web-based and mobile app technology, analyzing data from its network of more than 50,000 transportation providers to help its 35,000 clients simplify the critical tasks involved in transportation management. For more information on Echo Global Logistics, visit: www.echo.com.

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