FedEx buys Brazilian partner
Source:transportweekly 2014-1-24 9:16:00
FedEx Express is to open two stations in Brazil, one in Belo Horizonte, the state of Minas Gerais and the other in Rio de Janeiro, Barra da Tijuca, according to the Shipping Gazette.
The express courier acquired Brazilian shipping company Rapidao Cometa Logistica e Transportes in May 2012 which will now serve the region of Minas Gerais as a FedEx company rather than its partner.
The Rio facility will help improve route distribution and increase efficiency in package collection and delivery in the area that comprises Barra, Jacarepagua, Leblon, Sao Conrado and Recreio dos Bandeirantes.
According to UK-based Transport Intelligence, the routes will now pass through Barra da Tijuca rather than Olaria which will increase speed of delivery of packages on to more than 220 countries and territories.
Said FedEx Express operations manager Vera Lima: "These new locations allow us to offer even faster services in Rio de Janeiro and Belo Horizonte, with the required quality and security."