FedEx to acquire Brazil’s Rapidão Cometa

As part of its domestic ground network enhancement process worldwide, the move will provide growth of FedEx’s business in Latin America

authorized representative Brazil FedEx Latin America Rapidão Cometa

FedEx Corp announced today that it has signed an agreement to acquire the Brazilian transportation and logistics company, Rapidão Cometa Logística e Transportes S.A., the latest step in FedEx’s strategy for profitable growth in Latin America. 

Rapidão Cometa has been one of FedEx’s authorised representatives in Brazil for the past 11 years and this acquisition will give FedEx’s customers access to Cometa’s nationwide domestic transportation and logistics network.