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

To: Darryl Olson who wrote (422)	9/20/1999 8:33:00 AM
From: JakeStraw	Respond to of 524

Yup, classic buying opportunity for those with a long term perspective..

To: Darryl Olson who wrote (422)	9/22/1999 9:35:00 AM
From: JakeStraw	Respond to of 524

Caliber Logistics and Unicity Integrated Logistics Form Strategic Alliance HUDSON, Ohio and MISSISSAUGA, Ontario--(BUSINESS WIRE)-- Sept. 22, 1999--Caliber Logistics, Inc., an operating unit of FDX Logistics, and Unicity Integrated Logistics Inc. today announced their strategic alliance that will provide customers with a combined source of logistics solutions that address customer needs across the U.S.-Canadian border and globally. Caliber Logistics brings to the agreement its integrated supply chain management and consulting capabilities. In turn, Unicity offers its specialization in Canadian cross-border operations for moving materials, goods and inventory across the border. ''Unicity offers management of NAFTA, Canadian and U.S. customs, as well as Canadian transportation, distribution, returns programs and full systems integration that will enhance the reliability of our customers' supply chains,'' said Robert Bush, Director of Global Market Development for Caliber Logistics. ''Through our arrangement with Caliber Logistics, Unicity's clients will have access to time-definite, multi-modal transportation and logistics services on a global scale,'' said A.J.C. (Allan) Smith, Vice President Marketing & Sales for Unicity Integrated Logistics. Unicity Integrated Logistics is a 20-year pioneer in creating and providing innovative strategies that reduce distribution costs while improving reliability of controls and systems, and simplifying access to the Canadian Region. Unicity Integrated Logistics develops cross-border distribution programs for major U.S. and Canadian based firms. Please visit our World Wide Web Site at www.unicity.ca. Caliber Logistics, an operating unit of FDX 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. (NYSE:FDX - news), a $17 billion holding company, provides comprehensive transportation, logistics, e-commerce and supply chain management solutions. Its principal operating subsidiaries are Federal Express Corp., the world's largest express transportation company; RPS Inc., North America's second largest business-to-business ground small-package carrier; Viking Freight Inc., a less-than-truckload carrier operating principally in the western U.S.; Roberts Express Inc., a critical-shipment carrier; and FDX Logistics Inc., a contract logistics provider. ------------------------------------------------------------------------ Contact: Caliber Logistics Janine Young, 330/342-3146 jyoung@logistics.calibersys.com or Unicity Integrated Logistics Teena Medeiros, 888/827-4888 tmedeiros@unicity.ca

To: Darryl Olson who wrote (422)	9/23/1999 8:27:00 AM
From: JakeStraw	Read Replies (1) \| Respond to of 524

Fedex planning European expansion NEW YORK, Sept 23 (Reuters) - Federal Express Corp., the world's largest air express shipping service, plans to launch an expanded schedule of intra-European cargo flights next week, the Wall Street Journal reported in Thursday's online edition. The paper said FDX Corp, which shut down much of its European delivery business in the early 1990s, is also planning a new intra-European overnight delivery service called Euro One as part of a major European expansion. The Journal said the Memphis, Tennessee company will simultaneously open a $200-million regional air hub in Paris, and plans to continue adding flights and bigger airplanes over the next year. Over the next year, the changes could more than double the size of FedEx's network in Europe, the paper said. ''Our steps here are financially prudent, and the returns are going to be excellent,'' Alan Graf, FDX's chief financial officer told the paper. ''I am absolutely convinced that that will be the case.''