FedEx Celebrates One -Year Anniversary of China Domestic Service New Service Enhancements Offered to Meet Customer Needs

ข่าวเทคโนโลยี Monday July 7, 2008 10:16 —PRESS RELEASE LOCAL

Bangkok--7 Jul--Aziam Burson-Marsteller As part of the one-year anniversary of its domestic service launch in China, FedEx Express (FedEx), a subsidiary of FedEx Corp. (NYSE: FDX) and one the world’s largest express transportation companies, today announced its latest domestic service enhancements in China. FedEx domestic service now offers an earlier next-morning delivery to nine major cities: Beijing, Shanghai, Suzhou, Kunshan, Wuxi, Nanjing, Hangzhou, Guangzhou, and Ningbo. Packages will now reach their destination by 10:30 a.m., Monday — Saturday, all with the FedEx money-back guarantee. Customers within the Yangtze River Delta (Shanghai, Suzhou, Kunshan, Wuxi, Nanjing, Hangzhou, Ningbo) and the Pearl River Delta (Guangzhou, Shenzhen, Dongguan, Zhongshan, Foshan, Zhuhai, Huizhou and Jiangmen) will be offered later cut-off times for intra-region shipments. The cut-off time in those cities will be extended to 9 p.m. “Over the past year of operation, we have seen the swift development of our domestic time-definite service in China, which has led to our average daily volume growing rapidly,” said David L. Cunningham Jr., President, Asia Pacific, FedEx Express. “We look forward to expanding our service to more second- and third-tier cities in China to help transform businesses and create opportunities for our customers by extending their access to new markets in China and around the world.” Since FedEx began domestic time-definite service in China last year, it has continued to invest in local infrastructure and expand its services and coverage. Through its domestic hub at Hangzhou Xiaoshan International Airport and the partnership with Okay Airways, FedEx successfully introduced its unique hub-and-spoke system to China. After one year of operation, the next-morning delivery service has expanded from 19 cities to more than 40 cities, while the second-day delivery service reaches customers in more than 200 cities throughout the country. To keep pace with China’s rapidly changing market, FedEx has constantly upgraded its domestic services in China. Last September, a string of service enhancements were introduced, and last December, FedEx equipped the domestic service couriers in 20 cities with the latest GPRS Trackers, which provide real-time information about the location and status of customer’s packages. FedEx currently connects more than 90% of China’s GDP to the rest of the world. The expansion of FedEx domestic service in China is part of FedEx’s focus on enhancing its services across Asia Pacific to meet increasing demand for reliable express shipping. As part of this commitment, FedEx recently launched International Economy service in 13 Asia Pacific markets, which provides an economical, day-definite, customs-cleared, door-to-door service that features a transit time typically one to two days longer than premium FedEx International Priority?. The new service effectively addresses the needs of customers who look for reliability and cost efficiency as a top priority in shipping. With more than 400 flights per week, FedEx has the highest number of dedicated flights of any international air express company operating its own flights in and out of Asia Pacific. About FedEx Express FedEx Express is the world’s largest express transportation company, providing fast and reliable delivery to every U.S. address and to more than 220 countries and territories. FedEx Express uses a global air-and-ground network to speed delivery of time-sensitive shipments, usually in one to two business days with the delivery time guaranteed. Corporate Overview FedEx Corp. (NYSE: FDX) provides customers and businesses worldwide with a broad portfolio of transportation, e-commerce and business services. With annual revenues of $38 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 290,000 employees and contractors 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. NOTE TO EDITORS: FedEx press releases are available at http://news.fedex.com. For further information, please contact: Patsy Koh, Senior Corporate Communications Specialist, FedEx South Pacific Tel: +65 6390 5574 Email: [email protected] OR Aziam Burson-Marsteller: James Best or Sribenja Semmeesook Tel: 02 252 9871 Email: [email protected] or [email protected]

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