4/01/10

FedEx Expands International Economy Services

Zak Stambor , Managing Editor

Economical Alternative for Less Urgent Shipments Offered to More Parts of the World

March 30, 2010

FedEx Express, a subsidiary of FedEx Corp. (NYSE: FDX) and the world`s largest express transportation company, continues to expand its FedEx International Economy Freight (IEF) and FedEx International Economy (IE) services to more parts of the world. This latest expansion will provide US customers with more reach when shipping worldwide.

FedEx Express now offers FedEx International Economy Freight from the US to more than 130 countries and territories. Prior to this expansion, FedEx International Economy Freight was available to more than 80 countries and territories. In addition, FedEx International Economy service is available from the US to more than 215 countries and territories.

"As the global marketplace evolves, FedEx continues to deliver vital solutions to meet the full range of customers` international shipping needs, without compromising service or reach," said Michael L. Ducker, COO and president of International for FedEx Express."Opening up more destinations provides customers with reliable global coverage and a seamless experience around the world, keeping their costs down and increasing their competitiveness."

Both FedEx International Economy and FedEx International Economy Freight are door-to-door, customs-cleared, time-definite delivery services that reach markets representing more than 95 percent of global GDP. The services come with the same quality, service and reliability expected from FedEx. Key features of these services include:

Opening up more markets to FedEx deferred services, customers doing business internationally now have more opportunities to improve their global supply chains, a strategic imperative for businesses large and small.

"At FedEx, we are always looking for ways to deliver relevant, value-added solutions for our customers," said Rajesh Subramaniam, senior vice president, International Marketing, FedEx Services. "With the expansion of destinations for deferred services, customers now have opportunities to re-evaluate, improve and provide flexibility to their own supply chains."

The expanded FedEx International Economy and FedEx International Economy Freight services complement the existing FedEx Express international portfolio, which includes FedEx International Priority, FedEx International Priority Freight, FedEx International First and FedEx International Next Flight, designed for more time-sensitive shipments.

More information about FedEx international shipping services can be found by visiting fedex.com. Additional details on the FedEx International Economy service expansion, along with shipping tools for U.S. exporters, are available at fedex.com/international/choices.

About FedEx Corp.
FedEx Corp. (NYSE: FDX) provides customers and businesses worldwide with a broad portfolio of transportation, e-commerce and business services. With annual revenues of $33 billion, the company offers integrated business applications through operating companies competing collectively and managed collaboratively, under the respected FedEx brand. Consistently ranked among the world`s most admired and trusted employers, FedEx inspires its more than 280,000 team members to remain "absolutely, positively" focused on safety, the highest ethical and professional standards and the needs of their customers and communities. For more information, visit news.fedex.com.

Topics:

business, Express mail, FedEx Ground, FedEx Office, shipping

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