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FedEx Archives: 2001 Press Releases

( BW)(OH-FEDEX-CUSTOM-CRITCL)(FDX) Pickard Named President and CEO of FedEx Custom Critical

    Business Editors

    AKRON, Ohio---(BUSINESS WIRE)--July 18, 2001--FedEx Custom Critical, Inc., North America's largest time-specific, critical-shipment carrier, has appointed John G. (Jack) Pickard president and CEO.
    Pickard brings nearly 30 years of transportation experience to his new role at FedEx Custom Critical. He joined the company in 1986, holding positions in sales, marketing and operations, and has served as a vice president since 1989. Pickard also serves on the FedEx Custom Critical Board of Directors.
    Throughout his tenure at FedEx Custom Critical, Pickard has been responsible for the planning, development and implementation of strategies that have enabled the company to grow rapidly. He is also active in industry organizations, serving on the board of directors of both the Truckload Carriers Association and the American Trucking Associations.
    "This is truly an exciting time to be at the helm of FedEx Custom Critical," Pickard said. "With the launch of new services such as Point-to-Point with Saturday delivery, construction starting on our new headquarters building, our affiliation with the FedEx Corporation and the growing importance of e-commerce, the future is filled with unlimited opportunities."
    FedEx Custom Critical provides exclusive-use, time-specific shipment services throughout the U.S. and Canada and within Europe. Among its divisions are Surface Expedite, for non-stop, door-to-door transport of critical shipments; White Glove Services(R), for shipments that require special care in handling; and CharterAir(R), which offers an array of expedited air solutions to meet customers' critical delivery times. FedEx Custom Critical is an operating subsidiary of FedEx Corp. (NYSE:FDX).
    With annual revenues of $20 billion, FedEx Corp. is the premier global provider of transportation, e-commerce and supply-chain management services. The company offers integrated business solutions through a network of subsidiaries operating independently, including FedEx Express, the world's largest express transportation company; FedEx Ground, North America's second largest provider of small-package ground delivery service; FedEx Freight, a leading provider of regional less-than-truckload freight services; FedEx Custom Critical, the world's largest provider of expedited, time-critical shipments; and FedEx Trade Networks, a provider of customs brokerage, consulting, information technology and trade facilitation solutions.

    --30--kmr/clv*

    CONTACT: FedEx Custom Critical
             Heather Bauders, 330/773-3381, ext. 2439
             heather.bauders@fedex.com

    KEYWORD: OHIO
    INDUSTRY KEYWORD: TRANSPORTATION E-COMMERCE INTERNET
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