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Press Releases
FedEx reaffirms leadership position in the Hong Kong market
HONG KONG, August 31, 1998 – Federal Express Corporation (FedEx), the world's largest express transportation company, has recently been appointed as the Official Air Express Company for the local exhibition activities of Hong Kong Trade Development Council (HKTDC). This appointment further reaffirms FedEx's leadership position in the Hong Kong market.
Beginning September 1, 1998, FedEx will be the Official Air Express Company for the HKTDC trade fairs for a period of two years. Lynda Sun Lee, FedEx's Managing Director of Marketing, China and Mid Pacific Region, and C.S. Lee, Director of Exhibitions at HKTDC recently signed the contract, which will effectively leverage FedEx's image and brand at HKTDC trade fairs.
"We are honored to be appointed as the official air express company for the HKTDC trade fairs," said Mrs. Lynda Lee. "This appointment proves that FedEx's reputation for superb quality and service has been acknowledged in the market."
The partnership complements FedEx's commitment to Hong Kong and the Asia region. Keen to provide smart business solutions to its customers worldwide, FedEx will be able to bring its innovative and dependable services to more trading arenas with this appointment.
"The appointment of FedEx will solve many of our customers' air express needs – a commitment by the HKTDC to continue delivering excellent customer service. I have no doubt that FedEx also shares the same servicing philosophy," said Mr. C.S. Lee.
"Partnering with HKTDC trade fairs represents another milestone for FedEx here in Asia because it reflects the significant trust the market has come to place in the FedEx name. With this new appointment, FedEx will strive harder to provide the fastest and most reliable air express service to its customers," added Mrs. Lee.
FedEx currently serves more than 30 countries and territories in the Asia Pacific market with approximately 5,000 employees. The company provides the most extensive trans-Pacific airlift of any major competitor. Operating its own wide-bodied MD-11, DC-10 and A310 aircraft, FedEx offers over 260 flights per week to the following locations: Bangkok, Beijing, Cebu, Hong Kong, Jakarta, Kaohsiung, Kuala Lumpur, Manila, Osaka, Penang, Seoul, Shanghai, Singapore, Subic Bay, Taipei, and Tokyo, as well as destinations in the U.S.
Federal Express, a subsidiary of transportation powerhouse FDX Corporation, connects areas that generate 90 percent of the world's gross domestic product in 24 to 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 million items in 211 countries each working day. FedEx and has more than 142,000 employees, 44,700 drop-off locations, 615 aircraft and 40,900 vehicles in its integrated global network. The company maintains electronic connections with more than a million customers via FedEx PowerShip®, FedEx Ship®, and FedEx interNetShip®. Federal Express reported revenues of US$13.3 billion for its fiscal year ended May 31, 1998.
* Certain restrictions apply
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