UPS acquires MNX Global Logistics

UPS hopes their acquisition of MNX will strengthen their ability to transport goods for the healthcare industry.

Nov. 14, 2023

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.