OL&T Named Among Top 100 3PL Providers
Inbound Logistics Magazine cites consistency and global industry experience as key differentiators
Danbury, Conn. (August 10, 2010) — Inbound Logistics magazine has selected Odyssey Logistics & Technology Corporation (OL&T) as a 2010 Top 100 3PL Provider for the sixth consecutive year. OL&T is a global logistics and transportation service provider for chemical and process industries.
“Recent economic times have forced companies to deal with product scalability, demand volatility, access to capacity, and matching inventory more tightly to demand. Inbound Logistics selected OL&T as a 2010 Top 100 3PL Provider because of its successful track record in acting as a business change agent for its customers, while delivering the operational efficiency needed to be globally competitive,” said Felecia Stratton, editor, Inbound Logistics.
“Once again Inbound Logistics has selected Odyssey as a Top 100 3PL Provider because we consistently help leading enterprises achieve the efficiency and scalability that is critical to their success in today’s global economic climate,” said OL&T President and Chief Executive Officer Bob Shellman. “We are quite proud to achieve this recognition six years running.”
Stratton added, “Cutting transport costs is always important, but our readers tell us they are required to meet more stringent levels of supply chain performance to keep their customers satisfied. Given the growing complexity of mastering global supply chain management, the role 3PLs like Odyssey Logistics & Technology play continue to become increasingly important.”
OL&T manages inbound and outbound logistics for its customers, including complete transportation services such as carrier selection and qualification, contract negotiations, claims and non-conformance management and reporting, as well as tendering and freight audit and payment services. The Odyssey Global Logistics PlatformSM, a patented technology infrastructure, provides a single, integrated transportation management system that allows customers to view transportation activities regardless of mode through a single portal improving logistics performance and reducing costs.
About Inbound Logistics
Inbound Logistics is the leading trade magazine targeted toward business logistics and supply chain managers. The magazine’s editorial mission is to help companies of all sizes better manage corporate resources by speeding and reducing inventory and supporting infrastructure, and better matching demand signals to supply lines. More information is available at www.inboundlogistics.com
Top 100 Selection Methodologies
Inbound Logistics’ Top 100 3PL Provider’s list serves as a qualitative assessment of service providers the magazine feels are best equipped to meet and surpass readers’ evolving outsourcing needs. Distilling the Top 100 is never an easy task, and the process becomes increasingly difficult as more 3PLs enter the market and service providers from other functional areas develop value-added logistics capabilities. Each year, Inbound Logistics editors select the best logistics solutions providers by carefully evaluating submitted information, conducting personal interviews and online research, and comparing that data to our readers’ burgeoning global supply chain and logistics challenges. IL editors selected this year’s class of Top 100 3PLs from a pool of more than 300 companies. The service providers we selected are companies that, in the opinion of IL editors, offer the diverse operational capabilities and experience to meet readers’ unique supply chain and logistics needs.
Odyssey Logistics & Technology (OL&T) and its subsidiaries deliver a comprehensive portfolio of managed logistics and third-party services to the global chemical and process manufacturing industries. The Odyssey Global Logistics PlatformSM is OL&T’s technology infrastructure, and features a patented proprietary net-native transportation management system that supports the safe, reliable and efficient delivery of client products throughout the world.
With more than 30 percent average annual revenue growth for the last five years, OL&T moves products with more than $42 billion in value between 185,000 origins and destinations and 220 ports worldwide, servicing midsize to large global chemical and process industry clients.