FedEx Corporation Annual Report 2007
Introduction

Financial Highlights

Message from the Chairman

FedEx Overview

Possibility Speaks
Message from the CFO

Board of Directors

Senior Officers

Corporate Information

Financials & PDF's
Possibility SpeaksSonyCrocsChinaFedEx Innovation Lab

"What FedEx is doing in China today is so different - it opens up possibilities that customers are increasingly talking to us about."

"Sometimes in order to change the conversation about what's possible, you have to build the infrastructure to support new ideas. We did this when FedEx began service in the United States 35 years ago, and the growth in China today is even greater. Middle-class incomes are rising dramatically - China is expected to become the world's third-largest consumer market in the coming decades. By building two new hubs here, we're expanding access within the country and for our customers around the world.

"In May, our new China domestic hub in Hangzhou began operations, providing time- or day-definite service to more than 200 cities and counties poised for growth. And in December 2008, we'll relocate our current Asia Pacific hub in Subic Bay, Philippines, farther north to Guangzhou. It's a move that uniquely positions us to serve the global demand for service in and out of the booming Pearl River Delta region. These investments are initiating some of the most powerful conversations we have today: helping companies large and small navigate this market and grow their business here."

- David L. Cunningham Jr., President,
Asia Pacific, FedEx Express