UPS Buys MNX Global to Bolster Health Care Options

UPS Buys MNX World to Bolster Well being Care Choices

UPS” acquistion of MNX World Logistics is predicted to shut by the tip of the yr. (UPS through X)

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UPS Inc. will purchase MNX World Logistics for an undisclosed sum, the parcel supply firm stated Sept. 28. The deal is predicted to shut by the tip of the yr.

Atlanta-based UPS stated the transaction would “convey much more precision and functionality to UPS clients in well being care and associated industries who depend upon time-sensitive, typically life-impacting logistics options.”

Lengthy Seashore, Calif.-based time-critical logistics supplier MNX’s capabilities in radiopharmaceuticals and temperature-controlled transport will assist UPS Healthcare and scientific trial logistics subsidiary Marken meet rising demand for such providers, UPS stated.

Along with UPS Categorical Vital, the corporate will provide worldwide supply to clients in want of time-critical, temperature-sensitive logistics, it added.

“UPS already brings in depth functionality and industry-leading on-time supply to our clients, and that breadth and reliability is why they place their belief in us,” stated Kate Gutmann, president of UPS Worldwide, Healthcare and Provide Chain Options.

“Along with MNX, we are going to additional that reliability and pace globally, particularly for our UPS Healthcare clients. We proceed to spend money on providers that convey distinctive worth to our clients and create further development alternatives for UPS,” Gutmann added.

UPS ranks No. 1 on the Transport Matters Prime 100 record of the most important for-hire carriers in North America and No. 2 on the Prime Bundle/Courier Carriers record.  

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