MNX snaps up Log­i­cal Freight So­lu­tions

Australian Transport News - - News | Inside The Industry -

Cal­i­for­nia- based MNX Global Lo­gis­tics has bought Mel­bourne­head quar­tered in­ter­na­tional lo­gis­tics so­lu­tions provider Log­i­cal Freight So­lu­tions (LFS) for an undis­closed sum.

LFS serves the health­care in­dus­try and has lo­ca­tions in Australia, New Zealand, Sin­ga­pore, Hong Kong, Tai­wan and the US.

Ac­cord­ing to MNX, LFS com­ple­ments MNX’s growth in time- and tem­per­a­ture-sen­si­tive ship­ments and en­hances its Asi­aPa­cific pres­ence.

“The pace of growth in pa­tient­cen­tric medicine, with its strict re­quire­ments for tem­per­a­ture­con­trolled trans­porta­tion and timedef­i­nite de­liv­ery, un­der­scores the role that spe­cialty time-crit­i­cal lo­gis­tics providers will con­tinue to play in the life sci­ences and health­care in­dus­tries,” MNX CEO Paul J Martins says.

“LFS shares our cus­tomer- cen­tric cul­ture and ge­o­graphic foot­print.

“This com­bi­na­tion al­lows our new and ex­ist­ing cus­tomers to ex­pe­ri­ence an ex­panded suite of lo­gis­tics ser­vices tai­lored specif­i­cally for the health­care, life sci­ences, and med­i­cal de­vice in­dus­tries around the world.”

LFS, founded in 1994, casts its ac­qui­si­tion as a gain for the firm and its cus­tomers.

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