FedEx Named Amongst Top 20 Most Admired Companies in Asia
Shanghai, November 11, 2010 – FedEx Express (FedEx), a subsidiary of FedEx Corp. (NYSE: FDX) and one of the world’s largest express transportation company, has been named amongst the Top 20 in the 200 Most Admired Companies in Asia published by The Wall Street Journal Asia. FedEx ranks 20th place among multinational companies in this prestigious annual listing, the highest among all international express companies. This reaffirms its market leader position in the region.
The survey lists the top 200 multinationals operating in Asia along with Asia-headquartered corporations, based on five attributes: company reputation, quality of products and services, management’s long-term vision, innovation, and financial soundness. Over 2,700 executives and professionals from a wide range of industries across Asia Pacific participated in this online poll.
“We are honored to receive such recognition from executives in the Asia Pacific region,” said David L. Cunningham, Jr., president, FedEx Express Asia Pacific. “The result is testimony to how FedEx has gone above and beyond in delivering service excellence, whatever the environment.”
With more than 14,000 employees serving more than 30 countries and territories in the Asia Pacific region, FedEx continues to expand and enhance its services across the Asia Pacific region:
* Since January, FedEx began its Boeing 777 Freighter (777F) service on routes out of Shanghai, Hong Kong, Singapore and Osaka, bringing about significant advantages in the just-in-time supply chain, such as later cut-off times in some cities. No other company in the industry flies these planes non-stop between Asia and the U.S.
* In April, FedEx launched an overnight service from Hong Kong to its European hub in Paris, France.
* In October, FedEx enhanced its connectivity between China and the U.S. with the launch of two new flight services. The first being a new transpacific flight from Beijing, China to Anchorage, Alaska, with a stop-over in Incheon, South Korea; the second is a 777F service in connecting Shenzhen to Memphis.
*FedEx also launched a new flight to and from Hanoi four times a week (Tuesday to Friday) in November, improving the transit time for outbound shipments from Hanoi by one business day.
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 $36 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 285,000 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
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, by a definite time and date with a money-back guarantee .
NOTE TO EDITORS: FedEx Express press releases are available on the World Wide Web at http://news.fedex.com.