FedEx Express to Deliver Broadest Next-Business-Day Service from Europe to the Eastern...

FedEx Express to Deliver Broadest Next-Business-Day Service from Europe to the Eastern United States

Faster Transit Times from Europe to Key Markets along the East
Coast
BRUSSELS, Belgium--(Business Wire)--
FedEx Express, a subsidiary of FedEx Corp. (NYSE: FDX) and the
world's largest express transportation company, has upgraded its
next-business-day delivery service FedEx International Priority(R)
from Europe to major U.S. East Coast cities. Customers who had
two-business-day service can now reach more than 3,500 zip codes in
key markets along the U.S. East Coast overnight. Customers already
enjoying next-business-day delivery service to this region benefit
from later pick-up times of up to six hours. With this service
enhancement, FedEx now offers the broadest coverage for
next-business-day service from Europe to the Eastern United States.

The new service will deliver to U.S. East Coast cities by 3 p.m.
Eastern time, including Washington, D.C., New York, Newark,
Philadelphia, Boston and Baltimore, at no extra cost and will now be
standard to the FedEx Express International Priority service offering,
providing a value-added benefit to customers. It will also be
available for heavyweight or bulky shipments from European gateway
cities through the upgraded FedEx International Priority Freight(R)
service, making FedEx the only carrier to offer standard
next-business-day heavyweight freight service to the Eastern United
States.

"The EU and the U.S. have the largest bilateral trade relationship
in the world," said Robert W. Elliott, president, FedEx Express,
Europe, Middle East, Indian subcontinent and Africa. "FedEx Express
already provides faster access to more markets with next-business-day
delivery to the U.S. by 10:30 a.m. With this service enhancement, we
will deliver a superior experience and added value to European
customers with a standard cut-off of up to six hours later, and
delivery into key East Coast markets the next business day."

Rajesh Subramaniam, senior vice president, International
Marketing, FedEx Services, added: "FedEx is continuously focused on
providing customers with the best possible connectivity to the global
marketplace. Enhancing our service offering from Europe to the U.S. is
another industry-leading solution from FedEx - and represents another
key milestone in our international growth strategy."

To support the service upgrade, FedEx will launch a new westbound
trans-Atlantic flight and fly a wide-body MD-11 freighter daily,
Tuesday through Friday, between Paris, Charles de Gaulle Airport and
Newark, N.J. The Europe-to-U.S. flight segment comprises part of the
FedEx westbound 'around-the-world' flight, which enables FedEx to
provide customers with access to key markets around the world with
highly competitive transit times. The company will also introduce two
new Airbus A310 flights, including flights originating from Barcelona
and Budapest-Vienna, to offer customers in these areas later pick-up
times for enhanced next-business-day service to the U.S.

The FedEx International Priority service provides outstanding
connectivity to European customers and suppliers, featuring late
cut-off times and early deliveries from points of origin including
Austria, Belgium, the Czech Republic, Denmark, Finland, France,
Germany, Hungary, Ireland, Italy, Luxemburg, the Netherlands, Norway,
Poland, Spain, Sweden, Switzerland, and the United Kingdom. Gateway
markets for the enhanced FedEx Express International Priority
Freight(R) service include Brussels, Belgium; Basel, Switzerland;
Copenhagen, Denmark; Madrid, Spain; Paris, Lille and Mulhouse in
France; Eindhoven, Netherlands; and Stockholm, Malmo and Gothenburg in
Sweden.

About FedEx Express

FedEx Express is the world's largest express transportation
company, providing fast and reliable delivery to more than 220
countries and territories. FedEx Express uses a global air-and-ground
network to speed delivery of time-sensitive shipments, by a definite
time and date with a money-back guarantee.

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 $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.

FedEx Express
Europe, Middle East, Indian Subcontinent & Africa:
Abby Bailey, +32.2515.8961
abby.bailey@fedex.com
or
FedEx International Communications
U.S. Media:
Denise Lauer, 901-434-7030
denise.lauer@fedex.com

Copyright Business Wire 2008