MNX Global Logistics acquires Logical Freight Solutions

Melbourne-based logistics provider to the life sciences industry Logical Freight Solutions (LFS) has accepted an offer to be acquired by global logistics services provider MNX Global Logistics.
“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,” said Paul J. Martins, CEO, MNX. “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.”
Steve Cheetham, CEO, LFS, is enthusiastic about the potential for the combined business.
“Since its inception, Logical Freight Solutions has steadily built an infrastructure and specialised expertise that provides our customers with true door-to-door service, from internal supplier to end-user,” said Cheetham. “Joining MNX further propels the growth of our business and service offerings across new geographies, and gives our customers access to a diversified range of logistics services and new technologies.”
The acquisition is part of a series of strategic moves to drive global growth and provide exceptional service to healthcare and life sciences customers, LFS said in a statement.