Integrators splash out on expansion in lucrative healthcare logistics
The integrated express carriers are gunning for a larger slice of the healthcare logistics pie, ...
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FedEx is targeting more Australian business after acquiring Sydney-headquartered logistics operator Manton Air-Sea.
Pending regulatory approval, the purchase of the forwarder and customs brokerage specialist is expected to be completed before the end of the year.
Chief executive of FedEx Trade Networks Richard Smith said: “Adding Manton will open up opportunities to expand in Australia with [its] strong GDP and significant Asia Pacific market.
“We are delighted to add the Manton team members to the FedEx family and combine the talents of both teams ...
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