Xpo, the leading logistics provider in the world, announced Tuesday it would merge with Odyssey, an Austin-based logistics provider.
Xpo will now be called Odyssey Logistics.
The deal was first reported by Business Insider and is expected to close by the end of the year.
Odyssey will continue to operate under its own name, and will continue providing Xpo logistics services.
Xpo, a Texas-based company with more than $400 billion in annual sales, has been a key partner in the development of logistics solutions for U.S. government, commercial, military, and private entities.
The company is known for providing a wide range of delivery options, including trucks, cars, and trailers, as well as shipping companies, cargo management, and logistics solutions.
Xpto was founded in 2002 and has more than 30 years of experience in logistics, including over 20 years as a full-service logistics company, according to its website.
The two companies previously worked together to design and build a delivery system for the U.K. Royal Air Force.