FedEx Corp will honour its agreement with sole Philippine franchisee Airfreight 2100, even after the US integrator moves its operations from Subic Bay to Guangzhou next year.
According to Airfreight 2100, the partnership will remain in force. The company said day-to-day operations and deliveries at Subic would continue.
FedEx chose Airfreight 2100 as its exclusive licensee in the Philippines in 1989.
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