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.
