Market Overview

FedEx 'More Competitive Than Ever' After Year of Opportunities, Challenges

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FedEx Corporation (NYSE:FDX) emerged more competitive than ever from
fiscal 2018, FedEx said in its Annual
Report
, "Superior Networks Power Performance."

This press release features multimedia. View the full release here:
https://www.businesswire.com/news/home/20180816005644/en/

Connecting people with the products they love sounds simple. In reality, it takes networks carefully ...

Connecting people with the products they love sounds simple. In reality, it takes networks carefully built with more than 40 years of experience. See video at fedex.com/dream. (Photo: FedEx Corporation)

"We are very proud of the solid financial and operational results FedEx
delivered in fiscal 2018, and I extend a well-deserved ‘Bravo Zulu' —
the naval signal for a job well done — to our more than 425,000
team members worldwide for their dedication to the Purple Promise which
simply states ‘I will make every FedEx experience outstanding,'" said
Frederick W. Smith, chairman and chief executive officer of FedEx.

"It was a year of opportunities and challenges — anticipated and
unexpected — and FedEx emerged more competitive than ever," Smith said
in his letter to shareowners. "In all my years at FedEx, I have never
been so optimistic, so sure of our strategy and our ability to deliver
an exciting future."

FedEx cited two unique competitive advantages:

  • It is next to impossible to duplicate its global network which
    includes the world's largest all-cargo airline and connects 92 percent
    of the world's GDP in 1–2 business days. (See fedex.com/dream.)
  • FedEx team members set the bar for excellence, helping earn the trust
    and loyalty of customers and making FedEx one of the most admired
    companies in the world and a great place to work.

Other features in this year's Annual Report include:

  • Strength
    in numbers
    : For e-commerce to continue to grow rapidly, our
    efficient and reliable global transportation solutions are vital.
  • People, networks: Why we committed to investing
    more than $4.2
    billion following the passage of the Tax Cuts and
    Jobs Act.
  • Purple
    Runway
    : An innovative program designed to address the shortage of
    commercial pilots and create a new career path.
  • FedEx
    Cares
    : Help and hope delivered after hurricanes, earthquakes,
    wildfires, and floods laid waste to communities in North America.
  • Automation
    helps shoulder the load: Meet our self-driving vehicles and mobile
    robots.
  • The
    Purple Promise
    : Everything you need to know about what we expect
    out of our people every day.

Corporate Overview

FedEx Corp. (NYSE:FDX) provides customers and businesses worldwide with
a broad portfolio of transportation, e-commerce and business services.
With annual revenues of $65 billion, the company offers integrated
business solutions through operating companies competing collectively
and managed collaboratively, under the respected FedEx brand.
Consistently ranked among the world's most admired and trusted
employers, FedEx inspires its more than 425,000 team members to remain
focused on safety, the highest ethical and professional standards and
the needs of their customers and communities. To learn more about how
FedEx connects people and possibilities around the world, please visit about.fedex.com.

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