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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked -- Ignore unavailable to you. Want to Upgrade?


To: BRANDYBGOOD who wrote (50095)6/9/1999 11:08:00 AM
From: Jim  Respond to of 90042
 
FDX: Gets award from Walmart. Too bad RPS is not listed.

FDX Subsidiaries are Honored by Wal-Mart; FedEx and RPS Named "Carriers
of the Year"

MEMPHIS, Tenn., Jun 9, 1999 (BUSINESS WIRE via COMTEX) -- FDX Corp.
(NYSE: FDX) subsidiaries, Federal Express Corp. (FedEx) and RPS Inc.,
were recently named "Carriers of the Year" by Wal-Mart, the nation's
leading discount retailer. FedEx and RPS were honored by Wal-Mart for
exceptional performance in transportation services in their respective
categories, express and smallpackage.

"The awards underscore the value FDX brings to Wal-Mart by
understanding its business demands and providing innovative solutions.
Through Federal Express and RPS, we provide the company with logistics
support and diverse services that enhance Wal-Mart's supply chain
solutions and customer service offerings," said Robert Edwards,
corporate director, Worldwide Services, FDXCorp.

Wal-Mart's "Carrier of the Year" is determined by a transportation
services provider's ability to meet the following criteria: technology,
percentage of accepted and rejected deliveries, on-time pick-up and
delivery, customer service, capacity, pricing, quality assurance,
ease-of-doing business and long-term commitment.

Wal-Mart Stores, Inc. operates more than 2,400 stores and 450 SAM'S
Clubs in the United States. Internationally, the company operates units
in Latin America, Asia, Canada and Europe.

FDX Corp., a $16 billion holding company, provides comprehensive
transportation, logistics, and supply chain management solutions on a
worldwide scale. FDX Corp.'s primary operating subsidiaries are Federal
Express Corp., the world's largest express transportation company; RPS
Inc., a business-to-business ground package carrier; Roberts Express
Inc., a critical-shipment carrier; Viking Freight Inc., a
less-than-truckload carrier operating principally in the western United
States; and FDX Global Logistics Inc., a contract logistics provider.