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Press Releases
HONG KONG, November 22, 2000 - Federal Express Corp. (FedEx
Express), the world's largest express transportation company,
welcomed the announcement by the US Department of Transportation
(DOT) yesterday that it had awarded the air express leader
one new flight per week to China. Thanks to this decision,
FedEx customers will gain more frequent access to and from
the China and U.S. markets.
FedEx Express has been meeting and exceeding customer demands
in China since 1984. Together with our joint-venture partner,
DaTian W. Air Services Ltd., FedEx has been providing Chinese
customers with the highest quality of service. FedEx Express
already has the latest departure times on the mainland and
the most comprehensive geographical coverage - currently
190 cities with plans to add another 100 over five years.
The company's 10 flights per week, from Beijing, Shanghai
and Shenzhen connects China's expanding economy with the
global FedEx Express network via its AsiaOne, EuroOne and
USOne systems. The global network connects 210 countries
and delivers the most reliable 24-48 hour express delivery
service.
The DOT also announced nine other new weekly frequencies
for the Chinese mainland to meet with increasing demand for
air traffic.
"The new flights underline the growing importance of trade
between China and the U.S., and we are ready to use our new
frequency to deliver improved services to our customers on
the mainland," said David L. Cunningham, President, Asia
Pacific Division. "Our aim has always been to provide the
fastest, most reliable, time definite air express service.
The addition of the new flight will only enhance this service.
"Together with the normalization of trade relations between
the U.S. and China and the impending accession of China into
the WTO, the real winners are the Chinese and U.S. importers
and exporters and the air express industry.
"FedEx has a long and well-established history in China,
utilizing its own dedicated aircraft and express delivery
network. We have the highest number of dedicated flights
to China of any international air express company. We are
way ahead of our competitors in terms of time and investment
in China. With the new additional flight, our service in
China can only get better," Mr. Cunningham said.
FedEx China Facts
- In April 1984, FedEx began offering services in China
in conjunction with local operators
- In January 1996, FedEx received approval from the Civil
Aviation Administration of China (CAAC) to operate US/China
all-cargo air routes. This established FedEx as the only
US-based all-cargo carrier to hold rights to fly into
and out of China
- In March 1996, FedEx began flying its own DC-10 aircraft
two times per week to Beijing and Shanghai and provided
FedEx service to 60 cities
- Currently, we are flying 10 times (the most frequent)
per week to Beijing, Shanghai and Shenzhen with pick-up
and delivery services increased to cover 190 cities
- FedEx now has 3 dedicated express handling facilities
located in Beijing, Shanghai and Shenzhen, providing overnight
service in northern, eastern and southern China.
- FedEx is the undisputed leader in state-of-the-art shipping
and tracking technology in China offering Chinese language
website and FedEx interNetShip
- In 1994, FedEx was the first international express company
to be linked electronically with China customs offering
superior service to its customers
- In October 1999, FedEx launched an industry first Chinese
web-page which allowed local shippers to surf FedEx's
site and track shipments in their own language
- In March 2000, FedEx launched another industry first,
a simplified Chinese InterNetShip, the latest internet-based
shipping software available from its web page.
FedEx Express, a US$15 billion subsidiary of FedEx Corp.,
connects areas that generate 90% of the world's gross domestic
product in 24-48 hours 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 3.3 million
items to 210 countries each working day. FedEx employs approximately
145,000 employees and has more than 43,000 drop-off locations,
663 aircraft and 44,500 vehicles in its integrated global
network. The company maintains electronic connections with
more than 2.5 million customers via FedEx Powership®,
FedEx Ship® and FedEx interNetShip®.
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