Thursday 27th Oct 2016 - Logistics Manager

Brazilian buy for FedEx

Brazilian buy for FedExFedEx Express has bought one of the largest transport and logistics companies in Brazil, Rapidão Cometa, which has sales of more than $500 million last year.

“Brazil is the sixth-largest economy in the world and its rapidly increasing middle class presents tremendous opportunity for FedEx Express,” said Michael Ducker, FedEx Express chief operating officer and president, international.