104 FedEx National LTL Drivers Honored for Outstanding Safe-Driving Performance

MEMPHIS , Tenn. – December 7, 2007– One hundred and four drivers for FedEx National LTL have been honored for driving at least 20 years without a preventable accident.

“FedEx National LTL drivers are among the most skilled in the trucking industry, and the success of these driving professionals in reaching this milestone further demonstrates our team’s commitment to making the roads safer for everyone,” said Bob Simons, president and CEO of FedEx National LTL.

FedEx National LTL is the long-haul less-than-truckload (LTL) carrier in the FedEx Freight Segment and a leader in the North American market. It was formed in September 2006 through the acquisition by FedEx Corp. of Watkins Motor Lines’ business assets. Throughout its 75-year history, the Lakeland, Fla.-based company has focused efforts on safety for its drivers and the motoring public. Using its network of 117 service centers, FedEx National LTL, combined with the reach of FedEx Freight regional LTL, provides service to virtually all U.S. ZIP codes, including Alaska and Hawaii . This offers customers a one-stop solution to U.S. LTL shipping needs.

About FedEx Freight

Within FedEx Corp., the FedEx Freight Segment had annual revenues of $4.6 billion in fiscal year 2007. The Segment includes FedEx Freight, a leading U.S. provider of regional next-day and second-day and extended LTL freight services, and FedEx National LTL, a leader in the long-haul LTL market. The companies are known for exceptional service, reliability and on-time performance.

FedEx Freight’s regional and extended LTL service is supported by a no-fee money-back guarantee on all eligible continental U.S. shipments. Internationally, the company serves Canada , Mexico , Puerto Rico, Central and South America, the Caribbean, Europe and Asia . With corporate offices in Memphis, Tenn., the FedEx Freight Segment also includes FedEx Freight Canada, an LTL operating company serving most points in Canada; FedEx Custom Critical, North America’s largest time-specific, critical shipment carrier; and Caribbean Transportation Services, the leading provider of airfreight forwarding services between the United States and Puerto Rico. For more information, visit the FedEx web site, fedex.com.