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FedEx Archives: 1999 Press Releases

( BW)(TN-FED-EXPRESS/RPS)(FDX) FDX Subsidiaries are Honored by Wal-Mart; FedEx and RPS Named "Carriers of the Year"

    Business Editors

    MEMPHIS, Tenn.--(BUSINESS WIRE)--June 9, 1999--FDX Corp. (NYSE: FDX) subsidiaries, Federal Express Corp. (FedEx) and RPS Inc., were recently named "Carriers of the Year" by Wal-Mart, the nation's leading discount retailer. FedEx and RPS were honored by Wal-Mart for exceptional performance in transportation services in their respective categories, express and small package.
    "The awards underscore the value FDX brings to Wal-Mart by understanding its business demands and providing innovative solutions. Through Federal Express and RPS, we provide the company with logistics support and diverse services that enhance Wal-Mart's supply chain solutions and customer service offerings," said Robert Edwards, corporate director, Worldwide Services, FDX Corp.
    Wal-Mart's "Carrier of the Year" is determined by a transportation services provider's ability to meet the following criteria: technology, percentage of accepted and rejected deliveries, on-time pick-up and delivery, customer service, capacity, pricing, quality assurance, ease-of-doing business and long-term commitment.
    Wal-Mart Stores, Inc. operates more than 2,400 stores and 450 SAM'S Clubs in the United States. Internationally, the company operates units in Latin America, Asia, Canada and Europe.
    FDX Corp., a $16 billion holding company, provides comprehensive transportation, logistics, and supply chain management solutions on a worldwide scale. FDX Corp.'s primary operating subsidiaries are Federal Express Corp., the world's largest express transportation company; RPS Inc., a business-to-business ground package carrier; Roberts Express Inc., a critical-shipment carrier; Viking Freight Inc., a less-than-truckload carrier operating principally in the western United States; and FDX Global Logistics Inc., a contract logistics provider.

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     CONTACT: FDX Corp.
              Shirlee Clark
              901/395-3463

     KEYWORD: TENNESSEE
     INDUSTRY KEYWORD: RETAIL TRANSPORTATION