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Wednesday, September 10, 2014

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The recent acquisition of ADS Logistics by the locally based Odyssey Logistics will help the firm increase its intermodal network and give the company a dominant market share in heavy metals transports, company officials said Wednesday. Cosmo Alberico, chief operating officer and chief financial officer for Danbury-based Odyssey Logistics, said the acquisition of the Alternative Distribution Systems Logistics Company based in Indiana will give Odyssey a near 90 percent market share for heavy metals, such as aluminium coils distributed by Alcoa, that are distributed by ocean containers.



via Danbury Newswire http://ift.tt/1qGWnO1

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