Friday, August 30, 2019

Cargex acquisition to generate growth opportunities in Latin America: FedEx

FedEx Corporation rebranded FedEx Trade Networks Inc as FedEx Logistics, at the start of 2019 Logistics

Aug 30, 2019: FedEx Corporation confirmed that it will acquire freight forwarding firm Cargex SA. Headquartered in Bogota, Colombia, Cargex has operations in Bogota, Medellin, Cartagena, Buenaventura, and Santa Marta, and would operate as a subsidiary of FedEx Logistics upon closing.

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