Odyssey reports 14th year of growth, 2016 net revenue increase of 8%

Odyssey Logistics & Technology Corporation has posted fourteen consecutive years of growth, with net revenue up eight percent in 2016, the company said.

The company attributes this year´s results to sustaining its leadership position in complex key markets, implementing operational efficiencies, and maximizing benefits from the acquisition of Linden Bulk Transportation.

During 2016, Odyssey deployed new technologies, expanded services into new markets, and filed for patent protection on new offerings. Odyssey´s European footprint expansion contributed to double digit growth within its managed services business. Additionally, the company completed the acquisition of Linden Bulk Transportation, a tank truck operator serving the chemical market.

In the technology sector, Odyssey expanded the launch of WIN, the no-fee transportation management system, and has now signed more than 300 clients. Lastly, the company broke ground on the construction of a new 121,680-square-foot metals transload facility in Joliet, Illinois.

Odyssey Logistics & Technology Corporation is a global logistics solutions provider with freight network of over USD 2bn. 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.