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Brazil’s Postal Service and Azul to create integrated logistics solutions company

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Staff Writer | December 22, 2017
Azul and Correios (Brazil’s Postal Service) signed a memorandum of understanding for the creation of a private integrated logistics solutions company with a new business model, to contribute significantly to Brazil’s growth.
Correios
Brazil   Azul and Correios
The new company will have a 50.01% ownership stake of Azul and 49.99% of Correios, and will offer integrated logistics services for cargo transportation, willing to become the best logistics platform for e-commerce in the country.

With the existing demand already served by Azul and Correios, the new company will handle roughly 100 thousand tons of cargo per year.

Both companies will have cost savings, operating efficiency and revenue gains, improving the service offer to the consumer.


 

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