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About FedEx
FedEx Archives: 1997 Press Releases
( BW)(FEDERAL-EXPRESS)(FDX) FedEx To Offer Enhancement Of International ServicesBusiness Editors MEMPHIS, Tenn.--(BUSINESS WIRE)--June 3, 1997--International shipping becomes simpler and up to 30 percent less expensive this summer when Federal Express Corp. introduces three service enhancements. The new offerings include a flat-rate box for shipping by FedEx International Priority(R), an expansion of FedEx International Economy(SM) service and lower rates from the U.S. to major Canadian markets. The new shipping options will give FedEx customers greater flexibility in meeting their global shipping needs. "Our customers have told us they want international shipping to be easier and more convenient," said David Shoenfeld, vice president of marketing for U.S. and Canada. "With these new enhancements, both seasoned exporters and infrequent international shippers will find FedEx's global shipping services more accessible and affordable than ever." The new FedEx(R) 25kg Box and FedEx(R) 10kg Box will give confidence to infrequent export shippers using FedEx International Priority by providing simplified paperwork, an attractive and sturdy water-resistant box, and a convenient flat rate based on the customer's international destination. First available in February to FedEx overseas customers shipping to the U.S., the boxes will be available June 9 in the U.S and July 2 in Canada. FedEx International Priority service for the boxes offers time-definite delivery from one to three business days to 211 countries. For exporters with less time-sensitive shipments, FedEx International Economy will offer lower rates between the U.S. and many major business locations within five business days. The service, currently available only between the U.S. and Canada, will expand July 1 to 22 countries, including the world's most popular export destinations. New lower rates to Canada from the U.S. can mean savings of up to 30 percent on FedEx International Priority to major Canadian markets. Beginning July 1, rates will be based on two scales, allowing prices to more closely reflect transportation costs involved in serving Canadian markets. One scale will be for major markets, and the other for remaining locations within the country. Each of the new shipping options will include FedEx's time-definite, door-to-door delivery; customs clearance at no extra charge and shipment-status tracking. Federal Express is the world's largest express transportation company providing fast and reliable services for more than 2.8 million items to 211 countries each working day. The company employs approximately 127,000 people, has 41,000 drop-off locations, and operates more than 575 aircraft, 38,000 vehicles and 550,000 Powership(R) and FedEx Ship(RM) automated shipping systems in its integrated global network. Federal Express reported revenues of $10.3 billion for its fiscal year ended May 31, 1996. NOTE TO EDITORS: Federal Express press releases are available on the World Wide Web at http://www.fedex.com. FedEx International Enhancements FACT SHEET FedEx(R) 25kg Box & FedEx(R) 10kg Box -- For infrequent international shippers using -- FedEx International Priority(R) -- Simplified paperwork, with instruction booklet -- High-grade, water-resistant box with distinctive "wooden crate" design -- Larger box is 20 x 17 x 13 inches and holds up to 25 kilograms (55 lbs.) -- Smaller box is 16 x 13 x 10 inches and holds up to 10 kilograms (22 lbs.) -- Flat rate, based on international destination -- Time-definite delivery to 211 countries in 1 to 3 business days FedEx International Economy(SM) -- For shippers with slightly less time-sensitive packages -- Time-definite delivery in 2 to 3 business days between U.S. & Canada and U.S. & Puerto Rico -- Time-definite delivery in 4 to 5 business days from the U.S. to other international destinations -- Delivery between the U.S. and 22 countries around the world: Argentina France Japan Spain Belgium Germany Luxembourg Switzerland Brazil Great Britain Malaysia Taiwan Canada Hong Kong Netherlands United Arab Chile Ireland Puerto Rico Emirates Colombia Italy Singapore Venezuela FedEx International Priority(R) to Canada -- Significant savings on shipments to major markets in Canada from the U.S. -- Two rate scales for shipments to Canada: one for major markets, the other for the remainder of the country -- Time-definite delivery in 1 to 3 business days -- Rate Comparison (U.S. to major Canadian markets): Weight Current FedEx New FedEx % Savings Rate Rate FedEx Letter $22.00 $19.00 13.6% 1 lb. $37.00 $34.00 8.1% 5 lbs. $60.00 $49.50 17.5% 10 lbs. $87.50 $60.10 31.3% 15 lbs. $101.25 $72.60 28.3% FedEx International Economy and FedEx International Priority are for pieces up to 150 pounds; unlimited shipment size. --30--md/na* CONTACT: Federal Express Corp., Memphis Shirlee Clark (901) 395-3463 or Darlene Faquin (901) 395-5406 KEYWORD: TENNESSEE INDUSTRY KEYWORD: TRANSPORTATION URL: http://www.fedex.com REPEATS: New York 212-752-9600 or 800-221-2462; Boston 617-236-4266 or 800-225-2030; SF 415-986-4422 or 800-227-0845; LA 310-820-9473 Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page. URL: http://www.businesswire.com |
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