MNX acquisition of AirNet operations is “win-win” say analysts

As reported here late last month, AirNet realigned its business focus by launching AirNet Cargo Charter Services

By ·

MNX, a premium global provider of expedited transportation and logistics services said that its acquisition of the Same Day Express/Next Flight Out business of AirNet will strengthen its global operations.

As reported here late last month, AirNet realigned its business focus by launching AirNet Cargo Charter Services.

According to Scott Cannon, MNX CEO, the deal will pay off for both companies.

“We are really trying to leverage our international services here,” he said in an interview. “These acquisitions can’t be timed, however. We just believe that to succeed in this business you just have to keep growing.”

Part of that success has been with the company’s concentration on life sciences. Cannon sees more pent up demand for these commodities in BRIC and emerging nations.

“There’s some potential for reverse logistics in some of the more mature markets as well,” he says.

MNX’s ability to manage complicated shipper needs coupled with AirNet’s high performance airline network and expertise in life sciences transportation will allow MNX to offer shippers transportation options that are faster, more accommodating and more secure, analysts agreed.

“The deal makes a lot of sense for a number of reasons,” said Guy Fox, president and CEO of the consultancy, Guy Fox & Associates. “It plays to the strengths of both enterprises and represents an ideal economy of scale.

Headquartered in Los Angeles, MNX is rapidly emerging as a leading innovator in the expedited transportation and logistics industry. The company’s diverse client base includes global leaders in life sciences, entertainment, aerospace and medical devices industries. The company has offices on four continents, and operates a series of partnerships that extend its network to over 220 countries worldwide.


About the Author

Patrick Burnson, Executive Editor
Patrick Burnson is executive editor for Logistics Management and Supply Chain Management Review magazines and web sites. Patrick is a widely-published writer and editor who has spent most of his career covering international trade, global logistics, and supply chain management. He lives and works in San Francisco, providing readers with a Pacific Rim perspective on industry trends and forecasts. You can reach him directly at [email protected]

Subscribe to Logistics Management Magazine!

Subscribe today. It's FREE!
Get timely insider information that you can use to better manage your entire logistics operation.
Start your FREE subscription today!

Article Topics

All Topics
Latest Whitepaper
Outsourced Transportation Management
All the benefits of owning a fleet without the headache of managing it.
Download Today!
From the August 2017 Logistics Management Magazine Issue
Which carriers, third-party logistics providers, and North American ports have crossed the service excellence finish line ahead of their competitors? Our readers have cast their votes, and now it’s time to introduce this year’s winners of the coveted Quest for Quality Awards.
BMW Takes the Inland Road to Efficiency
Global Logistics: No Shortcuts to Security
View More From this Issue
Subscribe to Our Email Newsletter
Sign up today to receive our FREE, weekly email newsletter!
Latest Webcast
Getting the most out of your 3PL relationship
Join Evan Armstrong, president of Armstrong & Associates, as he explains how creating a balanced portfolio of "Top 50" global and domestic partners can maximize efficiency and mitigate risk.
Register Today!
EDITORS' PICKS
34th Annual Quest for Quality Awards: Winners Revealed
Which carriers, third-party logistics providers, and North American ports have crossed the service...
2017 Top 50 3PLs: Investment and Consolidation Maintain Traction
The trend set over the past few years for mergers and acquisitions has hardly subsided, and a fresh...

2017 Salary Survey: Fresh Voices Express Optimism
Our “33rd Annual Salary Survey” reflects more diversity entering the logistics management...
LM Exclusive: Major Modes Join E-commerce Mix
While last mile carriers receive much of the attention, the traditional modal heavyweights are in...