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A liated companies included in the consolidated ﬁ nancial statements

Headquarters

Group

equity share % Currency

Equity

thousands

Net income

thousands

Name

 Express (El Salvador) . . de . . 1 El Salvador, San Salvador 100.00  2,649 1,584

 Logistics de El Salvador . . de . . 1 El Salvador, San Salvador 100.00  – –

 Express , Inc. , Plantation 100.00  50,701 34,858

 Express Aduanas Peru . . . Peru, Callao 100.00  2,199 370

 Express Aduanas Venezuela . . Venezuela, Caracas 100.00  2,313 1,637

 Express Colombia Ltda. Colombia, Bogotá 100.00  7,216 2,764

 Express México, . . de . . Mexico, Mexico City 100.00  25,147 18,878

 Express Peru . . . Peru, Callao 100.00  12,078 2,545

 Fletes Aereos, . . Venezuela, Caracas 100.00  13,869 4,002

 Freight  Inc. , Plantation 100.00  –3,966 –2,022

 Global Customer Solutions  Inc. , Plantation 100.00  2,169 962

 Global Forwarding (Argentina) . . Argentina, Buenos Aires 100.00  7,016 404

 Global Forwarding (Canada) Inc. Canada, Mississauga 100.00  63,319 5,393

 Global Forwarding (Chile) . . Chile, Santiago de Chile 100.00  16,927 2,658

 Global Forwarding (Colombia) Ltda. Colombia, Bogotá 100.00  2,261 –54

 Global Forwarding (Ecuador) . . Ecuador, Quito 100.00  1,173 –1,766

 Global Forwarding (El Salvador) . . 1 El Salvador, San Salvador 100.00  1,000 286

 Zona Franca El Salvador . . 1 El Salvador, Antiguo Cuscatlán 100.00  – –

 Global Forwarding (Guatemala) . . 1 Guatemala, Guatemala City 100.00  4,703 1,210

Carga Aerea Internacional . .  1 Guatemala, Guatemala City 100.00  – –

 Zona Franca (Guatemala) . . 1 Guatemala, Guatemala City 100.00  – –

Transportes Expresos Internacionales (Interexpreso) . . 1 Guatemala, Guatemala City 100.00  – –

 Global Forwarding (Mexico) . . de . . Mexico, Mexico City 100.00  15,202 4,458

 Global Forwarding (Nicaragua) . . Nicaragua, Managua 100.00  47 95

 Global Forwarding (Panama) . . 1 Panama, Panama City 100.00  3,761 242

 Holding Panama Inc. 1 Panama, Panama City 100.00  – –

 Global Forwarding Deposito Aduanero (Colombia) . . Colombia, Bogotá 100.00  3,098 847

 Global Forwarding Management Latin America Inc. , Coral Gables 100.00  620 0

 Global Forwarding Peru . . 1 Peru, Lima 100.00  4,448 717

 Global Forwarding Aduanas Peru . . 1 Peru, Callao 100.00  – –

 Global Forwarding Venezuela, . . Venezuela, Caracas 100.00  14,536 10,909

 Global Forwarding Zona Franca (Colombia) . . Colombia, Bogotá 100.00  –377 –2,754

 Holding Central America Inc. 1 Panama, Panama City 100.00  45,364 5,913

Lagents & Co.  1, 7b Costa Rica, San José 50.00  – –

 Information Services (Americas), Inc. , Plantation 100.00  1,907 450

 International Antilles  Martinique, Le Lamentin 100.00  – 663 –52

 International Express Ltd. Canada, Mississauga 100.00  79,988 – 410

 International Haiti  Haiti, Port-au-Prince 100.00  211 –174

 Logistics (Brazil) Ltda. Brazil, São Paulo 100.00  63,083 43,149

 Management Cenam . . Costa Rica, Heredia 100.00  3,362 –45

 Metropolitan Logistics  Mexico . . de . . Mexico, Tepotzotlán 100.00  10,560 –30

 Network Operations , Inc. , Plantation 100.00  –190,308 – 4,215

 Nicaragua, . . Nicaragua, Managua 100.00  743 42

 of Curacao . . Dutch Antilles, Curaçao 100.00  555 – 402

 Panama . . Panama, Panama City 100.00  2,702 200

 Regional Services, Inc. , Plantation 100.00  1,719 1,077

 . . Guatemala, Guatemala City 100.00  2,718 98

 Sint Maarten . . Dutch Antilles, Philipsburg 100.00  1,517 313

 Solutions , Inc. , Westerville 100.00  –17,765 –316

 Worldwide Express (Aruba)  5 Aruba, Oranjestad 100.00  5 0

Dimalsa Logistics Inc. Puerto Rico, San Juan 100.00  1,216 445

 Financing  ,  , Plantation 100.00  0 0

 Financing  ,  , Plantation 100.00  0 0

 Financing ,  , Plantation 100.00  1,737 763

 Holdings , Inc. , Plantation 100.00  5,164,537 –16,098

Exel Automocion . . de . . Mexico, Tepotzotlán 100.00  9,919 2,361

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