Odyssey Logistics & Technology divested the bulk tank truck transport subsidiary to focus on growing its multimodal logistics offerings, according to a news release.
Terms of the deal were not disclosed.
Odyssey acquired Linden in 2016. The company was founded in in 1981 in Linden, New Jersey by the family of Michael Salz, Linden president, and Paul DeFalco. The Salz family provided the transportation industry knowledge to their chemical-hauling partnership, and DeFalco delivered the bulk liquid expertise.
As part of Boasso, Linden joins a growing bulk transportation enterprise that includes Quala and maintenance provider PSC. Quala and Boasso completed their merger last month, and Quala last year purchased PSC from American Industrial Partners. Boasso previously was known as Quality Distribution before divesting its Quality Carriers bulk liquid transport business—which now is part of CSX Transportation—in 2021.
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“Boasso Global is an excellent home for Linden’s employees and customers,” Glenn Riggs, chief strategy officer at Odyssey, said in a news release.
“Moving forward, Odyssey will continue to focus on growing our adaptive multimodal logistics offerings on a global scale through customer-centric relationships, an expansive multimodal freight network, and specialized modern technology.”
Odyssey, a leader in chemical logistics, said the sale aligns with its “forward-focused strategy of providing neutral-to-transport solutions,” allowing the company to utilize the “full universe of carriers” for the benefit of customers.