{"id":16178,"date":"2020-02-24T15:37:37","date_gmt":"2020-02-24T15:37:37","guid":{"rendered":"http:\/\/www.odysseylogistics.com\/?page_id=16178"},"modified":"2025-03-06T01:47:18","modified_gmt":"2025-03-06T06:47:18","slug":"odyssey-logistics-trecora-agreement","status":"publish","type":"news","link":"https:\/\/www.odysseylogistics.com\/news\/odyssey-logistics-trecora-agreement\/","title":{"rendered":"Odyssey Logistics enters into multi-year managed services agreement with Trecora Resources"},"content":{"rendered":"\t\t
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Trecora will utilize Odyssey\u2019s full suite of data analytics and reporting to create transparency and performance enhancements<\/h6>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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February 25, 2020<\/strong> \u2013 Odyssey Logistics<\/a>\u00a0(Odyssey) today announced it has signed a multi-year managed logistics service agreement with global petrochemical products manufacturer Trecora Resources (Trecora) (NYSE:TREC).<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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Trecora initially entered into a supply chain consulting agreement with Odyssey to evaluate logistics costs in ISO tank shipments, liquid bulk truck and rail operations. This agreement provided benchmarking data on Trecora\u2019s operations, distribution network, infrastructure and offered key metrics such as total spend, vendor costs and productivity performance.<\/p>\n

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\u201cTrecora manufactures high-purity specialty petrochemicals and synthetic waxes. The quality of our products and the integrity of our supply chain are critically important to our customers. Together with Odyssey, we aim to maintain our performance profile at a lower cost by seamlessly integrating Odyssey\u2019s technologies into our business without disruptions to service,\u201d said Patrick D. Quarles, president, CEO and director, Trecora. \u201cWe look forward to continuing our work together with Odyssey to drive further improvements and long-term value for Trecora, our customers and shareholders.\u201d<\/p>\n

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\u201cOur supply chain engineers spent two months aligning with Trecora on its efforts to achieve continuous process improvements and cost savings,\u201d said Bob Shellman, president and CEO, Odyssey. \u201cThrough our technology and efficiency roadmap, Trecora will utilize a full suite of data analytics and reporting tools to create cost transparency and performance enhancements.\u201d<\/p>\n

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Trecora\u2019s principal business activities are the manufacturing of various specialty petrochemical products and synthetic waxes and the provision of custom processing services. It will leverage Odyssey\u2019s Managed Logistics Services<\/a> to optimize all aspects of Trecora\u2019s transportation management strategy and execution. This includes Odyssey\u2019s vast supplier network and a team of supply chain engineers to drive cost savings, shipment visibility, insightful data reporting, continuous improvements and sustainability developments.<\/p>\n

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Odyssey Logistics today announced it has signed a multi-year managed logistics service agreement with global petrochemical products manufacturer Trecora Resources.<\/p>\n","protected":false},"author":2,"featured_media":23010,"menu_order":0,"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-16178","news","type-news","status-publish","has-post-thumbnail","hentry","newsroom_category-news-releases"],"acf":[],"yoast_head":"\nOdyssey Enters Multi-Year Managed Services Agreement with Trecora Resources - Odyssey Logistics<\/title>\n<meta name=\"description\" content=\"Odyssey Logistics announced it has signed a multi-year managed logistics service agreement with global petrochemical products manufacturer Trecora Resources\" \/>\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-trecora-agreement\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Odyssey Enters Multi-Year Managed Services Agreement with Trecora Resources - 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