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FedEx Archives: 2003 Press Releases
FedEx Brings ``Absolutely, Positively'' to the
Freight Market; Unveils Money-Back Guarantee for Freight Customers
Enhancing Full Portfolio of Transportation Services
Business Editors
MEMPHIS, Tenn.--(BUSINESS WIRE)--Sept. 4, 2003--FedEx Corp. (NYSE:
FDX), advancing its position as the transportation industry's most
expansive solutions provider, will provide, through its FedEx Freight
subsidiary, less-than-truckload freight (LTL) shippers the same type
of money-back guaranteed delivery service long offered by FedEx
Express and FedEx Ground. Effective September 15, FedEx Freight will
enhance its superior regional and interregional LTL service with
delivery supported by a money-back guarantee at no additional charge.
"The LTL service offered by FedEx Freight is a vital component of
the comprehensive supply chain solution that FedEx brings to the
market, and a key differentiator for FedEx," said Douglas G. Duncan,
president and CEO, FedEx Freight. "This money-back guarantee is an
extension of the industry-leading service and reliability that
customers have come to expect from FedEx and will further enhance our
ability to offer the peace of mind that comes from choosing FedEx."
Increasingly, customers are looking for a single-source provider
to meet their shipping needs. The FedEx Freight money-back guarantee
is another example of how FedEx delivers an unparalleled portfolio of
services to meet the diverse and changing needs of the global
marketplace. Customers seeking solutions across all key modes
of transportation can rely on FedEx for the industry's leading
service, and now, with this offering, even greater peace of mind -
guaranteed.
This recent announcement follows other innovative market offerings
from FedEx Freight, including ocean and ground service from Asia to
virtually all continental U.S. zip codes, leveraging the FedEx
Ocean-Ground Distribution service.
"It is clear that no other LTL provider can match the depth,
service and experience of FedEx Freight," said Duncan.
About FedEx Freight
As a member of the FedEx Corp. family of companies, FedEx Freight
is the $2.1 billion leading U.S. provider of next-day and second-day
regional LTL freight services. With corporate offices in Memphis,
Tenn., FedEx Freight is known for exceptional service, reliability and
on-time performance. Through a comprehensive network of service
centers and advanced information systems, FedEx Freight provides
service to virtually all U.S. zip codes, including Alaska and Hawaii.
Internationally, the company serves Canada, Mexico, Puerto Rico,
Central and South America, the Caribbean, Europe and Asia. More
information about FedEx Freight can be found at
www.fedexfreight.fedex.com.
About FedEx
With annual revenues of $22 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, the largest U.S. provider of
regional less-than-truckload freight services; FedEx Custom Critical,
North America's largest provider of expedited time-critical shipments;
and FedEx Trade Networks, North America's largest customs broker and a
provider of international freight forwarding and trade facilitation
services. FedEx ranked highest in the J. D. Power and Associates 2002
Small Package Delivery Service Business Customer Satisfaction
Study(SM) in the categories of air, ground and international delivery
services.
NOTE TO EDITORS: Press releases and additional information about
FedEx Corp. and its operating companies can be found on the World Wide
Web at
http://www.fedex.com.
--30--KH/na*
CONTACT: FedEx Freight, Memphis
Media Contact:
Debra Phillips, 901-434-3122
debra.phillips@fedex.com
KEYWORD: TENNESSEE ALASKA MEXICO INTERNATIONAL CANADA LATIN
AMERICA ASIA PACIFIC
INDUSTRY KEYWORD: TRANSPORTATION AIRLINES PRODUCT
SOURCE: FedEx Corp.