The acquisition enhances Odyssey’s position as a leader in domestic freight forwarding services and expands the company’s Multimodal Global Solutions Division portfolio
January 30, 2020 – Odyssey Logistics (“Odyssey”), the global leader in complex logistics and technology solutions, announced the acquisition of RPM Consolidated Services, Inc. (RPM), based in Fullerton, CA, effective January 28, 2020.
Odyssey specializes in comprehensive global logistics and transportation services, including intermodal, trucking, bulk container, global forwarding and transportation management services, which are supported by a proprietary, global technology platform. RPM is a full-service logistics and warehousing provider specializing in Jones Act markets, offering door-to-door ocean, ground and air freight forwarding services to Hawaii and Puerto Rico, with extended services to Alaska, Guam and the Caribbean. RPM is a certified SmartWay Transport Partner, critical to upholding the safety and environmental standards of the transportation industry.
“This is a highly accretive transaction that complements our acquisition of AFF Global Logistics in 2018. We’ve long respected the supply chain network built by RPM as we continue to expand our domestic freight forwarding services,” said Bob Shellman, CEO of Odyssey. “RPM and Odyssey have common goals: constant innovation, quality service and secure freight delivery. Together, our companies can help more customers keep up with the increasing demands and shipment security requirements of transporting their goods – and, with the support of RPM’s domestic network infrastructure and operations, we’ll have even more robust services to offer our customers.”
RPM will join Odyssey’s Multimodal Global Solutions Division, led by division president Keith Hancock, which seamlessly integrates acquired business units into complementary modes and freight service offerings on a global scale.
“We’re thrilled to welcome RPM into the Multimodal Global Solutions Division and bolster our value proposition within similar business units,” says Hancock. “RPM has strong domestic forwarding ties in Jones Act markets, highlighted by a unique door-to-door service to Hawaii providing all modes logistics and warehousing services.”
Shawn Duke, President, RPM Consolidated Services, Inc. also added, “This is an incredible opportunity for RPM. We’re looking forward to the impressive footprint this creates for the industry and the opportunity to join the freight forwarding portfolio of Odyssey and its Multimodal Global Solutions Division.”