California-based MNX Global Logistics has bought Melbourne-headquartered 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 Asia-Pacific presence.
“The pace of growth in patient-centric medicine, with its strict requirements for temperature-controlled transportation and time-definite 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…