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The acquisition, expected to close by end of this year, will boost FedEx's air freight forwarding and customs brokerage capabilities in Colombia and the broader Latin American region.

FedEx acquires Cargex, subsidiary to strengthen Latin American presence

30 Aug 2019 3:43 PM IST

August 30, 2019: Logistics giant FedEx has acquired Bogotá-headquartered Cargex S.A., an international freight forwarding company, and Agencias de...