Odyssey Logistics & Technology Acquires Capital Transportation Solutions

June 28, 2011

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Odyssey Logistics & Technology Corporation acquired Capital Transportation Solutions, a non-asset-based third-party logistics provider specializing in less than truckload transportation management.

CTS provides truck brokerage services to exporters, importers and domestic shippers to lower their costs and increase their productivity through the use of proprietary strategies and "On Demand" software. Purchasing CTS diversifies OL&T into the retail, wholesale and manufacturing sectors and offers OL&T the capability to provide services to smaller process and chemical customers.

The acquisition of assets and business of CTS and its 126 employees was made by Capital Transportation Solutions, a wholly owned affiliate of OL&T, which will maintain operations at the CTS facility in Kennesaw, Ga.

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