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Upon closing, Cargex, which has operations in Bogota, Medellin, Cartagena, Buenaventura and Santa Maria would operate as a subsidiary of FedEx Logistics.

FedEx to acquire Cargex, strengthens Latin American presence

Our Correspondent3 Sept 2019 7:31 PM IST

FedEx will be acquiring Cargex, a freight forwarding company and a specialist in the transportation of perishable goods, headquartered in Bogota,...

FedEx's suit and delivery error has come against the backdrop of increasing trade tension between the US and China.

FedEx sues US government on export regulations

Our Correspondent26 Jun 2019 9:40 PM IST

FedEx Corp, the US parcel delivery firm, has sued the US government against the prohibitions imposed on it by the Export Administration Regulations...