FedEx Looks For Golden Opportunity in Colombia — Panjiva

Supply Chain Research

FedEx Looks For Golden Opportunity in Colombia

Ags - Fruit/Veg 133 Colombia 70 Corp - Forwarders 340 Materials - Metals/Mining 750 Mode - Airfreight 181 U.S. 5316

With airfreight currently in a downturn – there was a 3.4% year over year drop in volumes handled globally in May due to the U.S.-China trade war – freight forwarders and airlines are looking for alternative sources of growth. FedEx for example is adding a new route serving the Colombian airports of Bogota and Medellin and connecting to Miami. Colombian airfreight exports increased 2.6% year over year in the past three months to Apr. 30, though shipments to the U.S. fell by 0.2%. The largest users of airfreight from Bogota and Colombia in the 12 months to Apr. 30 were fresh flower shippe...

Copyright © 2024 Panjiva Supply Chain Intelligence, a product offering from S&P Global Market Intelligence Inc. All rights reserved.