FedEx Marks 40th Anniversary with Community Service, Eye to the Future

  FedEx Marks 40th Anniversary with Community Service, Eye to the Future

Company Continues to Connect the Globe with Innovative Technologies, Business
                                  Solutions

Business Wire

MEMPHIS, Tenn. -- April 17, 2013

The company that launched the overnight delivery industry is forty years old.

On April 17, 1973, FedEx Corp. (NYSE: FDX), then known as Federal Express,
began operations at the Memphis International Airport with the delivery of 186
packages to 25 U.S. cities. Today, FedEx and its four operating companies
handle more than 9 million packages each day via a high-tech network designed
to connect customers by air, land and sea in more than 220 countries and
territories worldwide.

“For 40 years, the men and women of FedEx have dedicated themselves to helping
our customers connect to the world,” said Frederick W. Smith, chairman,
president and chief executive officer, FedEx Corp. “Today, our more than
300,000 team members mark this milestone with a spirit of service and
dedication that ensures 40 years is only the beginning.”

To commemorate these decades of success, FedEx will observe a Global Month of
Service in April, honoring team members and communities with volunteer
projects around the world.

FedEx: Yesterday and Today

Since launching operations in 1973, FedEx has grown into both a driver and
indicator of the global economy, linking 99 percent of the world’s GDP. Today,
FedEx encompasses diverse yet complementary businesses that cover a full range
of logistics and business solutions designed for the needs of today’s global
and local commerce.

The company that made its mark with the overnight delivery has adapted to meet
the changing needs of its customers over the past four decades, pioneering
advances in the process of moving and tracking goods around the world. Its
portfolio now includes a robust variety of shipping options including Ground,
Freight and Ocean-based services, as well as business solutions designed to
meet the needs of customers from start-ups to international corporations.

From the beginning, the company’s innovative “hub and spoke” approach to
transportation and seamless integration of cutting-edge IT systems set FedEx
apart, and laid the groundwork for a sophisticated network capable of moving
millions of packages around the world. On its busiest day since its launching
40 years ago, December 18, 2012, FedEx processed 19.8 million packages. It is
estimated that FedEx has shipped more than 31 billion packages since 1973.

For more details on the FedEx of today and tomorrow, flip through the
company’s online corporate brochure.

Forty Years of Innovation

In 1978, FedEx founder and Chairman Fred Smith famously said, “The information
about the package is just as important as the package itself.” The company’s
firm belief in the power of information and access – reflected in Smith’s
quote – is at the very core of every innovative solution it has brought to
market since 1973.

  *1979: Federal Express launches COSMOS, a centralized computer system to
    manage people, packages, vehicles and weather scenarios in real time.
  *1984: The first PC-based automated shipping system, later named FedEx
    PowerShip^®, is introduced.
  *1986: Federal Express introduces SuperTracker®, a hand-held bar code
    scanner system that captures detailed package information.
  *1994: FedEx launches fedex.com as the first transportation Web site to
    offer online package status tracking.
  *2003: FedEx Express introduces its first hybrid-electric truck to the
    delivery fleet.
  *2007: FedEx Office Print Online launches, allowing customers to upload and
    customize their print orders directly via the FedEx.com website.
  *2009: FedEx launches SenseAware^SM, a multi-sensor device paired with
    web-based monitoring for near real-time shipment insight.

Today, FedEx is taking innovation to a new level by investing in the
transformation of its IT system networks into a single, hybrid-cloud platform
that supports all of the company’s IT functions – processing more than 15
petabytes of data daily and growing.

“The size and scope of the FedEx IT transformation taking place are monumental
achievements in the company’s 40-year legacy of innovation,” said Robert B.
Carter, Chief Information Officer, FedEx Corp. “FedEx is enabling one of the
world’s largest commercial, mission-critical, real-time IT systems to
successfully take advantage of cloud technology and modernized application
software systems, a feat that will enhance the customer experience and set the
stage for FedEx to lead with other technologies for years to come.”

Forty Years of Service

Extending a long-standing tradition of service, FedEx has declared April as a
Global Month of Service for team members worldwide. Around the world, team
members are organizing and volunteering in support of their favorite
organizations. FedEx will be further supporting these efforts by distributing
$40,000 in non-profit grants.

In addition to the Global Month of Service anniversary activities, more than
600 U.S.-based team members will roll up their sleeves for urban environmental
sustainability projects in 15 cities as part of the company’s annual
EarthSmart Outreach program with the National Fish & Wildlife Foundation
(NFWF) this month. Team members will be working alongside local nonprofits
that have received grants from FedEx and the NFWF foundation, to carry out
urban conservation projects in the community. The FedEx and foundation grants,
totaling more than $550,000 in 2013, will be matched with grants from local
municipalities and agencies to yield more than $1 million in support for these
critical environmental projects.

To learn more about how FedEx team members have come together throughout the
company’s history to address need in their communities and beyond, visit
www.fedexcares.com.

For historical b-roll and additional FedEx anniversary information, visit
http://about.van.fedex.com/40th-anniversary.

About FedEx

FedEx Corp. (NYSE: FDX) provides customers and businesses worldwide with a
broad portfolio of transportation, e-commerce and business services. With
annual revenues of $44 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
300,000 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.

Contact:

FedEx Media Relations
Katie Wassmer, 901-434-5593
katie.wassmer@fedex.com
 
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