Friday, August 29, 2014
Odyssey Logistics to acquire ADS Logistics
Global supply chain firm Odyssey Logistics & Technology Corporation announced the acquisition of Alternative Distribution Systems Logistics Company, Inc. (ADS Logistics), a metals logistics provider based out of Chesterton, Indiana.
"ADS Logistics is a tremendous addition to our intermodal network and brings both trucking and warehousing capabilities," said Bob Shellman, CEO of Odyssey.
Odyssey reports that ADS Logistics provides trucking, warehousing, and intermodal services through three divisions: Area Transportation, Roll & Hold, and Western Intermodal.
The newly acquired firm's Area Transportation services primarily the Midwest, Mid-Atlantic, West Coast, and several Southern regions.
Its Roll & Hold division features approximately 500,000-square-feet of storage space and services in five locations. Its Western Intermodal facilities ship material between Chicago, IL and the West Coast, and provide drayage and trans-loading services and temporary storage for on-demand shipment to customers, the statement said.
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