Azul, Correios joint venture wins regulatory approval

Brazil’s top regulatory authority, Administrative Council for Economic (Cade) has approved, without restrictions, the creation of an integrated logistics joint venture (JV) between Brazil-based Azul Cargo Express and Correios. The antitrust body assessed that the operation does not increase the likelihood of closing the air cargo market, due to both companies’ small market share in […]
  • Chelsea Toczauer
  • December 5, 2018