Shipping and logistics company Carmelo Caruana Co. Ltd has acquired two Malta-based parcel service providers, Airsped Express Ltd and Global Parcels Ltd.

Airsped Express Ltd is the Malta-nominated service contractor for Fed Ex Express, a brand of Fed Ex Corporation, the world’s largest express transportation company.

Fed Ex Express services more than 220 countries and territories, providing rapid, air-ground express service through 375 airports. Fed Ex Express delivers a daily average of four million packages.

Global Parcels Ltd is the representative for General Logistics Systems, one of the leading parcel service providers in Europe.

Currently based in Paola, the Airsped Express and Global Parcels teams will move into Carmelo Caruana Company Ltd’s office on Marsa’s Valletta Road later this year.

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