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FedEx Archives: 2000 Press Releases

( BW)(TN-FEDEX-SUPPLY-CHAIN)(FDX) FedEx Supply Chain Services to Establish Headquarters in Chantilly, Virginia

    Business Editors

    MEMPHIS, Tenn.--(BUSINESS WIRE)--July 28, 2000--FedEx Logistics Inc. has announced that its subsidiary, FedEx Supply Chain Services, a leading third party provider of integrated supply chain solutions, will establish a headquarters facility in Chantilly, Va. The new location will predominantly house the subsidiary's officers and their direct staff. The company will continue to operate its administration center in Hudson, Ohio, and parent company FedEx Logistics will maintain its current headquarters in Memphis.
    FedEx Supply Chain Services chose Chantilly for its global headquarters as the result of a study conducted by an independent third party that assessed several cities on the population of technology companies, universities and continuing education institutions, international presence and global air access. "As a leading provider of global logistics services, we focussed on placing our headquarters close to an international city and in an area where information technology is in every conversation," remarked Gary Gilbert, president and CEO of FedEx Supply Chain Services. "We feel that establishing a new headquarters in Northern Virginia will serve us well in expanding our services on a global basis."
    In addition to operations in North America and Europe, FedEx Supply Chain Services is currently expanding its services into Asia, Latin America and the Caribbean.
    The new headquarters facility is scheduled to open in October 2000.
    FedEx Logistics offers time definite, information sensitive, global transportation and logistics management services through its independent operating subsidiaries, including: FedEx Supply Chain Services, a leading third party provider of integrated supply chain services; Viking Freight, the leading regional freight carrier operating in the western United States; and Caribbean Transportation Services, a leading airfreight forwarder operating between the U.S and the Caribbean. More information on the company can be found on the Web at www.fedex.com.
    With annual revenues of $18 billion, FedEx Corp. (NYSE:FDX) is the premier global provider of transportation, logistics, e-commerce and supply chain management services. The company offers integrated business solutions through a network of subsidiaries operating independently, including: FedEx Express, the world's largest express transportation company; FedEx Ground, North America's second largest provider of small package ground delivery service; FedEx Logistics, an integrated logistics, technology and transportation-solution company; FedEx Custom Critical, the world's largest provider of expedited time-critical shipments; and FedEx Trade Networks, providing customs brokerage, consulting, information technology and trade facilitation solutions. More than 2.5 million customers are connected electronically through the FedEx information network and approximately two-thirds of its U.S. domestic transactions are now handled on-line.

    NOTE TO EDITORS: FedEx Logistics press releases are available on the World Wide Web at www.fedex.com.

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    CONTACT:  FedEx Supply Chain Services, Inc.
              Mark H. Gunn, 330/342-3134
              mark.gunn@fedex.com

    KEYWORD:  TENNESSEE VIRGINIA OHIO DISTRICT OF COLUMBIA
    INDUSTRY KEYWORD:  TRANSPORTATION