HONG KONG, November 17, 2011 — FedEx Express (FedEx), a subsidiary of FedEx Corp. (NYSE: FDX) and the world’s largest express transportation company, announced it has improved the transit time for shipments from Kyushu, Japan destined to Asia destinations by one business day1.
From November 8, 2011, customers in Fukuoka, Saga and Kumamoto prefectures in Kyushu can enjoy a one-day shorter transit time for outbound shipments. The enhancement applies to the following services:
· FedEx International Priority®
· FedEx International Priority Freight® *
· FedEx International Economy®
· FedEx International Economy Freight® *
*Certain size restrictions may apply
“FedEx is strengthening its network globally to equip our customers with enhanced capacity and flexibility. Despite the earthquake in March, Japan has witnessed a rebound and a 2.8%[1] rise in export volumes in August,” said David L. Cunningham Jr., president, Asia Pacific, FedEx Express. “With this latest service enhancement, we have responded promptly to rising shipping demand from customers by further strengthening the connectivity between Japan and the rest of Asia-Pacific”.
Kyushu accounts for 10.3%[2] of export value in Japan and is one of the country’s major manufacturing provinces exporting ships and motor vehicles as well as semiconductors and other electronic components.
FedEx is continuously optimizing its global network to better serve its customers. This latest upgrade follows a one-day transit time improvement recently introduced for inbound shipments to greater Tokyo and the Aichi area.
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[3].
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 $39 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 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.
[1] Ministry of Finance, Japan, October 2011
[2] Kyushu Bureau of Economy, Trade and Industry, March 2011
[3] Subject to relevant terms and conditions