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FedEx Offers International Direct Service to Colombia

MIAMI, Fla. — Responding to market demands from the fast-growing economy in Colombia, FedEx Express, a subsidiary of FedEx Corp. (NYSE: FDX), announced today that it begins offering international direct service throughout the country. This long-term investment, a key part of the company’s Latin American strategy, will enhance FedEx Express service to and from Colombia by further building out its delivery, operations and customer service infrastructure.

The company’s heightened presence in Colombia is expected to bring more than 200 new jobs to the country over the next two years.

“Colombia has shown steady economic growth over the past five years, and we are eager to meet the demands of the business community by expanding our international operations here,” said Juan N. Cento, President, FedEx Express Latin America and Caribbean Division. “Colombians should be proud of the country’s ongoing development, which stimulated our additional investment in its economy.”

The strategic move to direct service is a natural extension of the FedEx business operation in fast-growing Latin American countries. Using this approach, FedEx first works with Global Service Participants; when the market demand for international direct service begins to grow, FedEx makes the decision to directly serve the country or parts of the country. FedEx has successfully employed this strategy in other Latin American markets, specifically Costa Rica, Guatemala and Panama.

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