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 Patrick Burnson, Executive Editor
February 21, 2012 - SCMR Editorial

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

image
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 .(JavaScript must be enabled to view this email address).

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!

Recent Entries

The 'Internet of Things' or IoT is a term that has rapidly taken center stage in business and consumer technology circles, with tremendous amounts of hype in both. Don't be distracted if some of the hypothetical consumer examples of the IoT seem far-fetched; the trend has serious implications for businesses. This complimentary whitepaper takes a look at some of the opportunities afforded by the Internet of Business Things.

Of special interest to readers of Logistics Management will be “Americas Update,” which will look into the future of the market in the Americas and assess how firms will be able to favorably position themselves to compete and win market share.

After 20 years, two congressional mandates and countless lawsuits and lobbying efforts, safety advocates and the Teamsters union still say there are too many inexperienced rookie truck drivers hitting the road without sufficient behind-the-wheel training.

Congested U.S. port terminals, harbor and over-the-road truck and driver shortages, slower trains and longer rail terminal dwell times due to increased domestic rates have not only disrupted service but also driven intermodal rates and cargo handling costs up sharply.

Southern California shippers are getting a break on container dwell expenses for the next ten days as the Port of Long Beach announced that it had added an extra three days to the time that overseas import containers can remain on the docks without charge.

Article Topics

News · Air Cargo · Air Freight · Global Trade · All topics

About the Author

Patrick Burnson, Executive Editor
Patrick Burnson is executive editor for Logistics Management and Supply Chain Management Review. Patrick covers 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. Contact Patrick Burnson

Comments

Post a comment
Commenting is not available in this channel entry.