FedEx Launches New Miami-Bogotá-Medellín 767 Route, Expands Presence In Colombia WIth New Medellín Facilities
At an event today in Medellín, FedEx Express (FedEx),a subsidiary of FedEx Corp. (NYSE: FDX) and billing itself as the world’s largest express transportation company, announced the launch of a new flight that will operate six times per week between Miami, Bogota, and Medellin.
The new Boeing 767 flight will facilitate the arrival of Colombian products to the US and other markets through its gateway facility in Miami and will open new markets for Colombian businesses. Additionally, the flight is expected to strengthen the competitiveness of Colombian producing and exporting companies.
“FedEx has been serving Colombia for 25 years, with operations in the 12 largest cities throughout the country. This new flight shows our continued commitment to helping connect Colombian businesses to new possibilities both at home and abroad,” said Juan N. Cento, president of FedEx Express Latin America and the Caribbean in a conversation with Finance Colombia. “Adding capacity and a more direct connection to Miami will give Colombian businesses a stronger competitive advantage in reaching markets and customers worldwide. This will also help bolster the local economy in the nation’s two largest cities, which are hubs for some of the country’s most important perishable freight, including flowers,” said Cento.
Aiming to strengthen the perishable goods sector in the region, which is estimated at over 6 million pounds per day of freight, the new flight will operate 6 days a week. Fedex’s upgraded Bogotá and new Medellín facilities are both cold-room capable and have refrigerated warehouse space for perishable freight. Customers in Colombia will benefit from later cutoffs and improved transit times on specific lanes.
FedEx operates in over 50 Latin American and Caribbean countries, and globally in approximately 220 countries. In the Caribbean and Latin American region, FedEx employs over 26,000 people.