FedEx Ranked Highest Among Multinational Express Companies in Wall Street Journal Asia’s “Asia 200” List
HONG KONG, Nov. 27, 2008 — FedEx Express (FedEx), a subsidiary of FedEx Corp. (NYSE:FDX) and one of the world’s largest express transportation companies, leads other international industry peers as the best-performing multinational express transportation company in the Asia Pacific region, according to the recently published Wall Street Journal Asia’s “Asia 200 – Asia’s Most Admired Companies” survey.
FedEx ranked 22nd in the overall leadership ranking of multinationals with operations in the Asia Pacific region, establishing a clear lead over industry peers. FedEx also outperformed its peers on the five attributes that aggregated to the overall score: quality of products and services; corporate reputation, such as good corporate governance and workplace and environmental policies; management’s long-term vision; innovativeness in responding to customer needs; and financial soundness.
“The Asia-Pacific region is an important part of the FedEx global strategy so we are honored to be considered a leader in the industry by the business community in this region,” said David L. Cunningham Jr., president of FedEx Asia Pacific. “This is a testament to the FedEx team’s commitment to consistently deliver outstanding FedEx products and experience.”
“Asia 200 – Asia’s Most Admired Companies” is an annual survey which identifies and ranks
Earlier this year, FedEx was named by FORTUNE magazine as among the most admired companies in the
The Wall Street Journal Asia’s “Asia 200 –
The overall leadership score was obtained by asking readers to rate companies on five attributes: innovativeness in responding to customer needs; corporate reputation; management’s long-term vision; quality of products and services; and financial reputation.
Respondents also were asked to rank the relative importance of the five attributes in determining leadership. The more important an attribute was regarded by the respondents, the more weight it was given. The better a company did on the more-important attributes, the higher its overall ranking.