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Odyssey Logistics completes acquisition of AFF Global Logistics

December 3, 2018Odyssey Logistics (“Odyssey”), the global leader in complex supply-chain multimodal services and technology solutions, today announced that it has completed its acquisition of AFF Global Logistics (“AFF”) for $465 million.

Odyssey provides comprehensive global logistics and transportation services, including intermodal, trucking, bulk container shipping and transportation management services supported by multiple proprietary technology platforms. AFF is a recognized leader in U.S. domestic offshore services, APAC freight forwarding and comprehensive warehousing and distribution solutions.

“The acquisition of AFF is a significant achievement in the continued evolution of Odyssey,” said Bob Shellman, president and chief executive officer, Odyssey. “It creates tremendous and immediate value for Odyssey and its customers. Our combined market leverage supports a significant enterprise multiplier as we integrate our comprehensive solutions globally.”

To support the transaction, Odyssey’s Multimodal Global Solutions Division has been established to integrate Odyssey and AFF business units that offer complementary modes and services across common global markets. The new division will be led by Keith Hancock, who previously served as president and CEO of Odyssey’s Capital Transportation Solutions subsidiary.

“The collective business units formed under the Multi Global Solutions Division will integrate, leverage and cross-sell services to drive dynamic supply-chain solutions for our combined customers worldwide,” said Kevin Kelly, president and CEO, AFF Global Logistics. “This is a growth-oriented transaction that will result in a powerful enterprise with capabilities beyond that of many competitors, to the benefit of our customers and employees alike.”

About AFF Global Logistics
AFF is a global 3PL logistics group headquartered in Fife, Washington. AFF is recognized as a leading U.S. domestic offshore provider (Alaska/Hawaii/Puerto Rico), offering additional services to clients worldwide who require ground, rail and air transportation, ocean freight forwarding of dry and temperature-controlled products, project logistics, and warehouse and distribution services to support their customer’s global supply-chain requirements.
About Odyssey Logistics

Odyssey Logistics is a global logistics provider with a freight network exceeding $3B. Our portfolio of multimodal logistics services includes intermodal, rail, ground transportation, warehousing, LTL and LCL consolidation, managed services and consulting. Our adaptive approach to solving modern logistics challenges differentiates us in the markets we serve. In addition to being certified by the American Chemistry Council as a Responsible Care® partner company we consistently exceed customer expectations by integrating analytics, carrier relationships, specialized assets, sustainability strategies and deep international expertise. Our unique approach ensures that customer shipments keep moving at full speed, even in the face of ever-changing market headwinds. Our Cloverleaf® program turns our deep commitment to sustainability into a growth engine for all stakeholders, including customers, carrier partners, consumers, investors and colleagues. Odyssey prioritizes community giving through its Project Outreach program and supports numerous charitable organizations. For more information visit www.odysseylogistics.com.

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