FedEx Named Best All Cargo Airline

SHANGHAI, May 13, 2011 — FedEx Express, a subsidiary of FedEx Corp. (NYSE: FDX) and the world’s largest express transportation company, is once again named the “Best All Cargo Airline” and the “Best Air Cargo Carrier - North America” at the 25^th Asian Freight & Supply Chain Awards (AFSCAs), announced in Singapore on April 27.

Organized by regional trade publication Cargonews Asia, the annual AFSCAs have been one of the market-defining awards for the transport and supply chain industry in Asia for more than 20 years. The awards honor leadership as well as consistency in service quality, innovation, customer relationship management and reliability.

“FedEx is honored to clinch the ‘Best All Cargo Airline’ award four times in a row and has been consistently recognized as the ‘Best Air Cargo Carrier – North America’ since 2002,” said David L. Cunningham Jr., president, Asia Pacific, FedEx Express. “The recognition by customers as well as industry players reaffirms our relentless pursuit of service excellence. We are especially proud of the FedEx team who consistently provide the best-in-class service.”

There are 42 award categories in this year’s AFSCAs, covering all aspects of the cargo industry. The selection of winners was made through a nomination and final voting process involving extensive Cargonews Asia readers who are key industry decision-makers across the region.

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[1].

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 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] Subject to relevant terms and conditions