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2004 Press Releases
to Deliver Premium Postal International Service
Taipei, June 30 2004 - FedEx Express (FedEx), the world's largest express transportation company, today announced that the U.S. Postal Service has selected FedEx to provide transportation and delivery for Global Express Guaranteed (GXG), the Postal Service's premier, date-certain international delivery service to more than 190 countries.
The contract with FedEx takes effect on July 1, replacing a previous agreement with DHL Worldwide Express. The U.S. Postal Service evaluated a number of international delivery providers and the review showed that FedEx offers the best combination of price, service, brand recognition and cost/network efficiencies.
This alliance also provides new service to Japan and Brazil and offers new GXG shipping labels and packages that feature both Postal Service and FedEx logos. About 7,400 Postal Service locations will offer the new co-branded service. As demand for this product grows, so will the number of Postal Service access points.
"Global Express Guaranteed combines the convenience, speed and reliability of the Postal Service and FedEx Express," said T. Michael Glenn, FedEx executive vice president for Market Development. "This agreement is a natural extension of our long-standing relationship with the U.S. Postal Service." FedEx currently provides domestic air transportation for Priority Mail, Express Mail, and First-Class Mail and has nearly 5,000 drop boxes in U.S. Postal Service retail locations across the country.
"This alliance brings two shipping powerhouses together to deliver the world to our customers," said Anita Bizzotto, Chief Marketing Officer. "It will enhance GXG's world-class service reliability, streamline handling, and bring the resources of both organizations to provide quality and value for postal customers."
This alliance will boost popularity and performance for Global Express Guaranteed, and thousands of international shippers will be the beneficiaries.
FedEx Express
FedEx Express, a subsidiary of FedEx Corp. (NYSE: FDX), connects areas that generate 90% of the world's gross domestic product in one to three business days with door-to-door, customs-cleared service and a money-back guarantee. The company's unmatched air route authorities and infrastructure make it the world's largest express transportation company, providing fast, reliable and time-definite transportation of more than 3.1 million items to 215 countries each working day. FedEx employs approximately 138,000 employees and has more than 50,000 drop-off locations, 643 aircraft and approximately 43,000 vehicles in its integrated global network.
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