New facility offers strategic location near intermodal rail ramps and highway infrastructure to better serve clients in metals industry
DANBURY, Conn.– Odyssey Logistics & Technology Corporation (Odyssey) broke ground on the construction of a new 121,680-square-foot metals transload facility in Joliet, Illinois. The facility will be operated by Odyssey’s subsidiary CMI Logistics LLC (CMI).
Situated on 17 acres in the CenterPoint Intermodal Center – Joliet (CIC-Joliet)/Logistics Park Chicago (LPC), it provides easy access to the BNSF intermodal rail yards through the park’s private, heavyweight road system. The site also provides easy access for flatbed motor carriers bringing metal products into CMI from Interstate 55 and Interstate 80. Dan Leahy and Adam Roth of NAI Hiffman represented CenterPoint in the transaction.
“This is an investment in the future of our business and will better serve our metals industry clients,” said Bob Shellman, president and CEO, Odyssey. “The additional square footage over our current facility will increase our throughput by 20 percent, provide for a larger container staging area and improve operational efficiencies.”
“The location of CIC-Joliet/LPC provides direct access to the BNSF intermodal rail yards and the interstate system,” said Brian McKiernan, senior vice president of development, CenterPoint. “Developing a build-to-suit facility for CMI and offering heavy overweight shipping options is ideal for their growing operations.”
Shellman also added that moving its operation from Chicago to Joliet offers a route that is less congested. “The new facility makes it much easier for our partner-carriers to get in and out and is something that will have a positive impact on our customers’ logistics and shipping needs.”
The new facility features ten docks, six drive-through doors, 16 trailer positions, nearly 6,000 square feet of office space, 51 car parking spots, and reinforced slab floors. The facility is expected to be operational by the early second quarter of 2017.
CMI is a wholly owned subsidiary of Odyssey and is North America’s leading intermodal service provider for metal products, including heavy coils. The company moves approximately 35,000 containers annually throughout North America and abroad.
“Our business is focused on the intermodal movement of metals and it is crucial for us to be strategically located near intermodal rail ramps and highway infrastructure,” said Paul Sever, EVP and general manager, CMI. “Having several shipping solutions and a state-of-the-art facility developed in CIC-Joliet is the perfect fit for our business.”
“This facility not only will allow us to continue to grow our domestic intermodal business, it will enhance our international capabilities, serving both our import and export metals customers,” added Shellman.