Japanese third-party logistics services provider Nippon Express Co. Ltd. (TYO: 9062) on Thursday said it has completed the acquisition of MD Logistics and MD Express of Plainfield, Indiana.
Financial terms were not disclosed. Nippon Express said MD Logistics generated $51 million in revenue in 2019.
Co-founded by Mark Sell and David Kiebach in 1996, MD Logistics specializes in the domestic storage and distribution of temperature-controlled pharmaceuticals, as well as other retail and consumer...
https://www.freightwaves.com/news/nippon-express-completes-acquisition-of-indiana-3pl