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FedEx Archives: 1998 Press Releases

( BW)(FEDERAL-EXPRESS)(FDX) FedEx to Deliver New Level of International Service; FedEx International Next Flight to begin

    Business Editors

    MEMPHIS, Tenn.--(BUSINESS WIRE)--Aug. 12, 1998--Federal Express Corp. (FedEx) (NYSE:FDX), the world's largest express transportation company, will introduce a new service that will provide an even quicker option for many international shipments beginning in September.
    FedEx(R) International Next Flight will allow U.S. based customers to ship packages to more than 150 countries within hours of calling FedEx. A courier will pick up the package in as little as 60 minutes from the call and the shipment will be placed on the next available international flight.
    "The world is about to move even faster," said David B. Shoenfeld, senior vice-president, FedEx Marketing, Customer Service and Corporate Communication. "Customers have asked for a specialized service providing the quickest route overseas and FedEx is delivering."
    FedEx International Next Flight deliveries will include a money-back guarantee and the door-to-door customs clearance that FedEx customers have come to expect. The service will also provide a proof of delivery call for each shipment.
    Customers using FedEx International Next Flight can have packages picked up from domestic origins in the 50 United States, 24 hours a day, seven days a week. The service is available every day of the year, including holidays.
    FedEx has formed an alliance with World Courier, one of the nation's leading courier companies, to provide this service. Since 1969, World Courier Group, Inc., the parent company of World Courier has provided unique solutions for highly time critical shipments. World Courier operates more than 80 wholly owned offices in 39 countries.
    "In line with logistics and global trends, there is an increasing need for highly flexible and immediate solutions across all industries," said Wayne Heyland, president of World Courier Group.
    Federal Express, a subsidiary of FDX Corp., connects areas that generate 90% of the world's gross domestic product in 24-48 hours with door-to-door, customs-cleared service and a money-back guarantee. The company's unmatched air route authorities and infrastructure make it the world's largest express transportation company, providing fast, reliable and time-definite transportation of more than 3 million items to 211 countries each working day. FedEx employs more than 142,000 employees and has more than 44,700 drop-off locations, 615 aircraft and 40,900 vehicles in its integrated global network. The company maintains electronic connections with more than a million customers via FedEx Powership(R), FedEx Ship(R) and FedEx interNetShip(R). Federal Express reported revenues of $13.3 billion for its fiscal year ended May 31, 1998.
    NOTE TO EDITORS: Federal Express press releases are available on the World Wide Web at http://www.fedex.com.

     --30--md/na*

     CONTACT:  Federal Express Corp., Memphis
               Carla Boyd, 901/395-3484 or 800-218-6256 (pager)

     KEYWORD: TENNESSEE
     INDUSTRY KEYWORD:  TRANSPORTATION TRAVEL/AIRLINES PRODUCT