FORTUNE RECOGNIZES FEDEX AS ONE OF THE MOST ADMIRED COMPANIES IN THE WORLD
MIAMI – March 3, 2006 – FedEx Corporation has moved up four notches to occupy the No. 4 position in Fortune Magazine’s annual list of “Most Admired Companies in the World.” FedEx also moved up to the No. 2 position on Fortune’s list of “America’s Most Admired Companies” and has consistently made Fortune’s “100 Best” ranking every year since the survey’s inception in 1998.
This recognition reflects the FedEx commitment to providing superior customer service consistently across cultures, and to its fundamental philosophy of People-Service-Profit, established by FedEx Chairman and founder Frederick W. Smith. The company’s management team values its employees as its greatest asset, and firmly believes that satisfied employees provide superior service to customers, which in turn brings the company profits in which employees share. FedEx employees throughout the world are also committed to the Purple Promise, which is to make every customer experience outstanding.
FedEx Corp. (NYSE: FDX) provides customers and businesses worldwide with a broad portfolio of transportation, e-commerce and business services. With annual revenues of $31 billion, the company offers integrated business applications through operating companies competing collectively and managed collaboratively, under the respected FedEx brands. Consistently ranked among the world’s most admired and trusted employers, FedEx inspires its more than 260,000 employees and contractors to remain "absolutely, positively" focused on safety, the highest ethical and professional standards and the needs of their customers and communities. For more information, visit www.fedex.com.
FedEx Express Latin America & Caribbean Division services more than 50 countries and territories throughout