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FedEx Archives: 1997 Press Releases


( BW)(FEDERAL-EXPRESS)(FDX) FedEx to Offer the Only Next Business Day 10:30 a.m. Service from Asia to U.S.; Osaka to Memphis Flight Enables Later Pickups, Faster Deliveries


    Business Editors

     MEMPHIS, Tenn.--(BUSINESS WIRE)--July 30, 1997--Federal Express Corp. will provide the only next business day shipping from major Asian markets to most cities in North America when it introduces a new flight schedule Sept. 1 featuring a direct flight from Osaka, Japan to Memphis. The nonstop daily flight will cut transit times across the Pacific in half for FedEx customers -- from 48 to 24 hours - who ship from Asia to North America. FedEx will offer delivery commitment for 10:30 a.m. the next day, backed by its money-back guarantee.
"This direct flight from Osaka to Memphis will provide FedEx customers unmatched speed of delivery door-to-door from key markets in Asia to thousands of U.S. cities, to major markets in Canada and to Mexico City," said Theodore L. Weise, executive vice president, worldwide operations. "The new schedule also will enable us to offer our customers in Asia later pickup times for connections through the FedEx AsiaOne(R) hub in Subic Bay to 13 major Asian markets. As a result, our customers doing business across the Pacific can improve their cycle times and get their products in the hands of their customers that much faster."
The new routing will be served by an MD-11 aircraft. The flight will originate in Singapore and connect in Osaka at Kansai International Airport, where it will start the 12-hour direct flight to Memphis. This routing also will enable FedEx to provide pickups one to three hours later in the day for customers in key Asian markets such as Singapore, Taipei, Hiroshima, Kuala Lumpur and Penang.
"We're able to offer this unique daily service, featuring the longest flight of its kind in the world, thanks to strong customer demand for FedEx International Priority(R) service across the Pacific and the unparalleled regional capabilities of the FedEx AsiaOne(TM) network," said Weise. "The investments we've made in aircraft, facilities and route authorities over the years have enabled us to build an integrated network which now connects the globe with unprecedented speed and reliability."
Federal Express is the world's largest express transportation company, providing fast and reliable services for more than 2.8 million items in 212 countries each working day. The company employs approximately 130,000 people, has nearly 43,000 drop-off locations, and operates more than 580 aircraft and 38,000 vehicles in its integrated global network. FedEx maintains electronic connections with more than 650,000 users via FedEx Powership(R), FedEx Ship(R), and FedEx interNetShip(TM). Federal Express reported revenues of $11.5 billion for its fiscal year ended May 31, 1997.
--30--EB/na* KH/na CONTACT: Federal Express Corp., Memphis Gregory M. Rossiter, 901/395-4440 or Jesse W. Bunn, 901/395-5642 KEYWORD: TENNESSEE INDUSTRY KEYWORD: TRANSPORTATION URL: http://www.fedex.com 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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