{"id":1076,"date":"2010-04-22T18:06:23","date_gmt":"2010-04-22T18:06:23","guid":{"rendered":"http:\/\/odysseylogistics.knockmedia.com\/?page_id=1076"},"modified":"2025-03-06T01:47:34","modified_gmt":"2025-03-06T06:47:34","slug":"odyssey-logistics-acquires-international-forwarders-inc","status":"publish","type":"news","link":"https:\/\/www.odysseylogistics.com\/news\/odyssey-logistics-acquires-international-forwarders-inc\/","title":{"rendered":"Odyssey Logistics acquires International Forwarders, Inc."},"content":{"rendered":"\t\t
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April 22, 2010<\/strong> \u2014 Odyssey Logistics announced today that it has acquired International Forwarders, Inc<\/a>. (IFI), an independently-owned export freight forwarder and customs house broker based in Charleston, S.C.\u00a0 The purchase allows Odyssey Logistics to strengthen its customs broker and duty drawback capabilities as well as expand its export forwarding business.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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Odyssey Logistics has provided freight-forwarding services<\/a>\u00a0to clients through its wholly owned affiliate,\u00a0Odyssey International LLC (OI)\u00a0<\/a>located in Danbury, CT.\u00a0 This acquisition is being made by OI which will be expanding with a second location and additional services and customers through this acquisition.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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\u201cOdyssey Logistics acquired International Forwarders, Inc. to add additional import-oriented services to our portfolio, improve our competitive cost structure and allow us to meet growing market demand for import\/export logistics services for our clients,\u201d said Douglas L. Clark, president, Odyssey International, and senior vice president, Global Marine & International Logistics Services, Odyssey Logistics. \u201cAdditionally, this acquisition eliminates outsourcing of certain services thereby adding revenue to our company\u2019s top line.\u201d<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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Odyssey Logistics will continue to utilize the current International Forwarders facility in Charleston. The 40 employees working for IFI will become part of the Odyssey Logistics enterprise immediately.\u00a0 All current IFI customers will continue to be served in Charleston for freight forwarding and import services.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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Odyssey will continue to provide freight-forwarding services in its Connecticut location as well.\u00a0 Import services provided by other service companies may be transitioned to IFI as contracts or opportunities arise.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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\u201cAs we continue to increase our global customer base, establishing new operations in South Carolina offers Odyssey Logistics a strategic location for wider market penetration,\u201d said Robert H. Shellman, president and chief executive officer of Odyssey Logistics.\u00a0 \u201cFurther, we now have an additional site with unmatched customs house brokering and international freight-forwarding expertise in close proximity to a world-class port.\u201d<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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\u201cOdyssey is continuing to look for acquisitions that expand its services and client base. The IFI purchase meets these criteria. Finally, I want to thank the team of local and South Carolina officials for their assistance in making this possible,\u201d Shellman said.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"

Odyssey Logistics announced today that it has acquired International Forwarders, Inc. (IFI), an independently-owned export freight forwarder and customs house broker based in Charleston, S.C. The purchase allows OL&T to strengthen its customs broker and duty drawback capabilities as well as expand its export forwarding business.<\/p>\n","protected":false},"author":5,"featured_media":24915,"menu_order":52,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":"","_links_to":"","_links_to_target":""},"newsroom_category":[147],"class_list":["post-1076","news","type-news","status-publish","has-post-thumbnail","hentry","newsroom_category-news-releases"],"acf":[],"yoast_head":"\nOdyssey Logistics Acquires International Forwarders, Inc. - Odyssey Logistics<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.odysseylogistics.com\/news\/odyssey-logistics-acquires-international-forwarders-inc\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Odyssey Logistics Acquires International Forwarders, Inc. - Odyssey Logistics\" \/>\n<meta property=\"og:description\" content=\"Odyssey Logistics announced today that it has acquired International Forwarders, Inc. 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