FedEx has announced that it is suspending operations in 47 towns and municipalities across Guerrero, Jalisco and Michaocán in Mexico due to drug cartel-related violence.
This follows a wave of violent crime in these states. A study from the Economics & Peace think tank estimated that the cost of violence in 2014 represented 17.3% of Mexico’s GDP, with Guerrero, Jalisco and Michaocán near the top of the list of most violent states.
Other international companies have also considered withdrawing, such as Coca-Cola, after two of its employees were kidnapped and several trucks looted.
FedEx describes the suspension as “temporary” and limited to certain postcodes. The move has been made for the “safety and integrity of our clients, employees and providers”.
(Source: Fusion)
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