ANNOUNCEMENT
May 18, 2009 Cincinnati, OH
Nease Corporation Outsources Transportation Requirements - Partnering with Odyssey Logistics & Technology Corporation (OL&T)
Cincinnati, OH - Nease Corporation is pleased to announce it has selected Odyssey Logistics & Technology Corporation (OL&T) as their logistics outsourcing partner. OL&T is a global logistics and transportation service provider for chemical and process
industries based out of Danbury, CT. OL&T will provide Nease with complete transportation supply chain solution including carrier selection and qualifications, contract negotiations, claims and non-conformance management and reporting, as well as tendering and freight audit and payment services. OL&T will provide managed logistics services for Nease's global businesses covering all
modes of commercial transportation - both domestic as well as export shipments.
"We are excited to begin working with OL&T and looking forward to utilizing their expertise in dealing with the transportation industry," said Nease President Dave Iden. "Odyssey logistics will allow Nease to enhance our customer service while at the same time ensuring that Nease freight expenses remain competitive in the markets we serve."
"Odyssey is delighted to have been selected as Nease's logistics outsourcing partner. OL&T will offer logistics services for the company's North American businesses covering all modes of commercial transportation including domestic as well as export
shipments and look forward to growing with Nease as it progresses through its technology enhancments." Said Joe Fitch, Director of sales for Odyssey Logistics
Gordon Geist, Nease's Director of Sales & Marketing states "In today's competitive and challenging environment it is critical that Nease continue to be in a position to offer our customers low cost and reliable deliveries without sacrificing the dependability and
quality they've come to expect and receive from Nease. Leveraging Odyssey's size and experience will enhance our service, all while maintaining our position as a company that our customers find easy to do business with."
About Nease Corp.
Nease Corp. is a producer of performance chemicals with a well-established reputation in hydrotropes and batch sulfonation technology, holding long-term relationships with the
major global consumer products companies. The company has established a strong reputation in the industry for delivering modified products to meet the needs of its customers. The Nease product line includes hydrotropes, acid catalysts, naphthalene sulfonates, and various other specialty products. Nease is headquartered in Cincinnati, Ohio. For more information on Nease, visit their website at www.neasecorp.com.
About OL&T
Odyssey Logistics & Technology provides global logistics management services to the chemical industry and other process manufacturers. OL&T delivers a comprehensive portfolio of logistics services so that clients' products are delivered safely, reliably and economically, with the advantage of shipment visibility and actionable data across all modes.
OL&T presents a unique scope of industry knowledge, experience and technology, applied to client supply chain operations in two distinct outsourced logistics contexts: Managed Logistics Services and Third Party Services. The OL&T team of chemical
engineers and logisticians brings unparalleled expertise - they are chemical and process industry insiders, intimately familiar with the supply chain complexities and hazardous materials requirements. Its technology backbone, the OL&T Global Logistics PlatformSM features a net-native transportation management infrastructure that supports highly integrated, flexible and data-rich service offerings. www.odysseylogistics.com
