UPS has acquired MNX Global Logistics, a global time-critical logistics provider. The acquisition closed on Nov. 2 following regulatory approvals.
The acquisition of MNX expands UPS's capabilities for time-critical logistics, especially for healthcare customers in the US, Europe, and Asia. UPS is the No. 2 carrier on the 2023 FleetOwner 500: For Hire list.
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UPS leaders noted MNX's track record of providing the reliable and timely delivery of critical goods. The company's expertise in transporting radiopharmaceuticals and temperature-sensitive products will help UPS Healthcare and its clinical-trial logistics subsidiary, Marken, meet the growing demand for these services in the healthcare industry, according to a press release. With MNX's additional expertise, UPS will continue to offer industry-leading global service to customers who need time-critical, temperature-sensitive logistics solutions.
