Odyssey Logistics & Technology Acquires AsepTrans Business
Merges operations into Odyssey FoodTrans business unit; doubles fleet of intermodal ISO tanks
Danbury, Conn. (March 2, 2017) — Odyssey Logistics & Technology Corporation (Odyssey) announced today that it has acquired AsepTrans, an asset-based food-grade ISO tank transportation, tank cleaning and ISO tank depot services company. AsepTrans is the only aseptic ISO tank operator in the world and has been developing and refining the technology for more than 10 years (aseptic means free of any living organism).
AsepTrans utilizes a large fleet of super-insulated and refrigerated ISO tanks. The business and operations will merge into the Odyssey FoodTrans LLC unit, doubling both Odyssey’s fleet of intermodal ISO tanks dedicated to food-grade liquids and its ISO tank chassis fleet.
“We have just acquired the world’s only aseptic ISO tank operator,” said Bob Shellman, president and CEO, Odyssey. “This acquisition provides Odyssey with a highly skilled team, state-of-the-art equipment, additional liquid food-grade capacity and ownership of strategically located tank cleaning and ISO tank depot services.”
“This exciting acquisition gives Odyssey and its customers a clear advantage in handling temperature-sensitive products. Not only does aseptic transportation help ensure product quality, it can be cost-effective, eliminating the need for shippers to have additional aseptic or pasteurization processing/storage facilities,” said Greg Snyder, president, Odyssey FoodTrans LLC and Optimodal, Inc., subsidiaries of Odyssey. “It is also a clear testament to Odyssey’s commitment to the North American citrus industry with the addition of a large number of super-insulated and refrigerated ISO tank containers to service this important and growing market.”
The acquisition is a part of Odyssey’s overall growth strategy and is consistent with the company’s successful record of identifying and completing market-leading acquisitions that add value to its customers. In August 2016, Odyssey acquired Linden Bulk Transportation, a top 25 tank truck carrier with full service intermodal ISO tank capabilities in the chemical sector.
Odyssey Logistics & Technology Corporation (Odyssey) is a global logistics solutions provider with freight network of over $2B. Odyssey’s services include international transportation management, intermodal services, trucking services, and managed services and consulting. With operations in North America, Europe and Asia, Odyssey operates in all modes of transport with TL/LTL trucking, containership, rail, air, and bulk transport including bulk truck, ISO Tank, railcar and tanker, as well as food-grade product lines.
The Odyssey Global Logistics PlatformSM features a transportation management system that supports the safe, reliable and efficient delivery of client products throughout the world. WINTM (Web Integrated Network) offers a scalable technology solution with an accelerated deployment and faster time to value.