Exel heads Bristol-Myers SquibbÆs U.S. distribution
Exel, a unit of Deutsche Post DHL, said it has been picked by Bristol-Myers Squibb to handle its U.S. distribution.
As part of the contract, Exel has bought Bristol-Myers Squibb's distribution centers in Mount Vernon, Ind., and will take over operations in the second quarter.
Exel will provide logistics operations and finished goods distribution services, including storage and distribution of cold and non-cold chain products, clinical trials, samples and exports. Shortly after it takes over operations in Mount Vernon, Exel will open and manage a second distribution center on its Mechanicsburg, Pa., campus for Bristol-Myers Squibb.
Under Exel's ownership and management of the Mount Vernon site, Bristol-Myers Squibb will remain a primary customer served at the facility, with the opportunity to add additional Exel customers in the future to create a shared-use pharmaceutical distribution site.
Located near Evansville, Ind., the Mount Vernon distribution center is about 80 miles from the center of all U.S. population demand, Exel said. It also offers close proximity to a number of key parcel and air infrastructure hubs including Indianapolis and Louisville, Ky.
Bristol-Myers Squibb will continue to operate its manufacturing and research and development facilities, also located in Mount Vernon.
Exel heads Bristol-Myers Squibb’s U.S. distribution
