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Non-Tech : FedEx (FDX) -- Ignore unavailable to you. Want to Upgrade?

To: Darryl Olson who wrote (381)	6/22/1999 11:16:00 AM
From: Darryl Olson	Respond to of 524

Tuesday June 22, 8:32 am Eastern Time Company Press Release Caliber Logistics Wins General Motors Supplier of the Year Award HUDSON, Ohio--(AutomotiveWire)--June 22, 1999--FDX Global Logistics, a part of FDX Corporation (NYSE:FDX - news), announced that its Caliber Logistics unit has been named by General Motors as a ''GM International Supplier of the Year'' for 1998. Caliber Logistics was the only logistics provider to win the prestigious award. The award recognizes excellence in quality, service, technology and price on a global scale. Suppliers were nominated and evaluated based on a thorough process in 18 different component areas within General Motors. ''This important award is well deserved recognition of the dedication and teamwork by the Caliber Logistics and GM organizations,'' said Joseph McCarty, President and CEO of FDX Global Logistics. ''The Caliber program exceeded projected budget and service goals, while delivering significant transportation cost reductions from the very initiation of logistics services for General Motors Powertrain. This was done through innovative and creative teamwork on the part of General Motors Powertrain and Caliber Logistics employees,'' said Mike Herringshaw, Vice President and General Manager, Automotive for Caliber Logistics. ''GM's Suppliers of the Year represent the 'best of the best,''' said Harold R. Kutner, Vice President and Group Executive, Worldwide Purchasing and North American Production Control & Logistics for General Motors. ''Of GM's 30,000 suppliers, Caliber Logistics is one of only 184 who have achieved Supplier of the Year distinction for 1998, an honor accorded to those suppliers who have achieved world-class levels of quality, service, technology and price in support of General Motors.'' Caliber Logistics, an operating unit of FDX Global Logistics, designs, implements and manages integrated logistics solutions for customers in targeted industries. Caliber Logistics is a recognized leader in the contract logistics marketplace, offering domestic and international transportation management, just-in-time logistics programs, contract warehousing, dedicated transportation services and finished goods distribution. The company's World Wide Web address is www.caliberlogistics.com. FDX Corp., a $16 billion holding company, provides comprehensive transportation, logistics and supply chain management solutions. FDX Corp. principal operating subsidiaries are Federal Express Corp., the world's largest express transportation company; RPS Inc., a business-to-business ground package carrier; FDX Global Logistics Inc., a contract logistics provider; Viking Freight Inc., a less-than-truckload carrier operating principally in the western U.S.; and Roberts Express Inc., a critical-shipment carrier.