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FedEx to acquire Colombia forwarder

[ August 30, 2019   //   ]

FedEx is to acquire Colombia-based perishable forwarder Cargex together with its customs broking arm, Agencias de Aduanas Aduanamos subject to regulatory approval. Headquartered in Bogot√°, Cargex also has operations in Medellin, Cartagena, Buenaventura, and Santa Marta, and will operate as a subsidiary of FedEx Logistics. The acquisition the introduction of FedEx flights between Colombia and Miami.