Odyssey Logistics acquires Omni Logistics
Odyssey Logistics & Technology Corp., a Danbury, Conn.-based provider of transportation and logistics services to the chemical industry, has acquired Omni Logistics, a provider of bulk trucking services in the United States.
The terms of the acquisition were not disclosed.
The takeover of Omni makes Odyssey “the largest non-asset owning bulk trucking company in the country,” the acquiring company said. Odyssey is a non-asset-based, carrier-neutral provider of outsourced logistics services.
Odyssey said that Omni’s innovative technology includes using complex algorithms to match cargo movements and determine scenarios that allow improvements in the continuous loaded miles that a truck can travel. Omni’s existing IT infrastructure will be fully integrated into Odyssey’s transportation management infrastructure.
The addition of Omni Logistics is Odyssey’s third acquisition in the last year, following its purchase of the Rely Software logistics platform and Nordstrom Freighting, an international freight forwarding company.
