Press Releases
Also awarded "Best All-Cargo Airline" and "Best Air Cargo Carrier - North America"
Hong Kong, April 3, 1996 - FedEx was named "Best Total Logistics Operator"
at Cargonews Asia's 10th annual Asian Freight Industry Awards held on March
25 in Singapore. FedEx also received top awards in two other categories:
"Best All-Cargo Airline" and "Best Air Cargo Carrier - North America",
according to the magazine's editor.
The nomination round by readers of Cargonews Asia, as well as the final
balloting, were audited by Deloitte Touche Tohmatsu to guarantee
authenticity and accuracy of results.
Michael Ducker, FedEx's senior vice president for Asia Pacific, said: "These
three prestigious awards are a great honor for FedEx. They confirm our
leadership in the air express transportation industry in Asia and are a
well-deserved recognition for all our FedEx employees who work hard every
day to make sure documents and packages are delivered on time. It is also a
vote of confidence from our customers which we appreciate very much."
Cargonews Asia's readership includes almost 14,000 shippers and freight
executives in Asia. In 1987, when the awards were first organized, there were
11 categories. Today, there are 28, illustrating that the industry is "now much
more segmented and sophisticated," according to the editor, Russell Green.
FedEx has been a winner at the Asian Freight Industry Awards eight times
over the previous 10 years, capturing similar honors, but this is the first time
FedEx has been named "Best Total Logistics Operator".
FedEx currently services the Asia Pacific market with nearly 3,000 employees
in 30 countries and territories. The company provides the most extensive
trans-Pacific cargo lift of any airline with wide-bodied MD-11, DC-10 and A310
aircraft flying daily, linking its FedEx AsiaOne network for overnight delivery to
major commercial and financial centers throughout Asia.
FedEx serves 210 countries, providing fast and reliable package delivery for
nearly 2.5 million items each working day. The company has over 119,000
employees, over 530 aircraft, 37,000 vehicles and nearly 180,000 Powership¬
and FedEx ShipTM automated shipping systems in its integrated global
network. It handles more than 380,000 calls and 35 million electronic
transmissions daily. Federal Express reported revenues of US$9.4 billion for
its 1995 fiscal year.
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