California-based MNX Global Logistics has named John Labrie as president and chief executive, taking over from Paul Martins who becomes chairman of the MNX board of advisors.
Labrie was previously chief executive of Network Global Logistics, whose express division was acquired by MNX in 2018. Labrie has also held various senior leadership positions at Echo Global Logistics and Con-way, since acquired by XPO Logistics.
David Wong, managing director at Audax Private Equity, which acquired MNX in July 2018, thanked Martins - MNX chief executive since 2014 – for expanding the company organically into new markets, and globally through acquisitions.
Wong added: “With a strategic plan to continue growing MNX through acquisition opportunities, John Labrie has the right operational and leadership abilities to deliver on this strategy.”
Said Labrie: “We all work together to solve our customers’ most critical logistics challenges, and I am committed to elevating MNX to further solidify its position as a leader in the time-critical logistics segment."
Martins said: “Over the last few years, MNX has transformed itself into a leading provider of time critical logistics serving healthcare, medical, aviation, and other specialty end markets and we believe that it is well positioned to accelerate its strategy.”