FedEx Trade Networks Announcement

November 16 2012 — MEMPHIS, Tenn. — FedEx Trade Networks, the freight forwarding arm of global shipping giant FedEx Corp. (NYSE: FDX), was named 2012 Global Logistics Supplier of the Year by HP for its innovative freight forwarding solutions and collaborative approach to customer service. The prestigious award was presented to FedEx Trade Networks at the HP Supply Chain Supplier Summit in San Francisco last week.

“It is an honor to be recognized by HP for our solutions and the service we provide,” said Fred Schardt, president and CEO, FedEx Trade Networks, Inc. “Our company works closely with customers to understand their supply chain and develop integrated solutions to meet their needs. This award is a reflection of the success of that approach, the strength of our capabilities and our team’s commitment across the globe.”

In this case, FedEx Trade Networks provided an end-to-end solution from Asia-Pacific to the United States that allows HP’s supply chain to speed up, slow down and mode shift as needed. The flexible solution involves dedicated customer service and relies on close coordination with HP’s manufacturers, customers and other service providers, including seamless collaboration within the FedEx operating companies.

 “As part of FedEx, we have access to an unparalleled network of capabilities, which benefits organizations with multiple shipping needs like HP,” continued Schardt. “We are proud of the relationship and solutions we’ve built with HP and will continue to provide innovative logistics strategies that help keep their supply chain running smoothly.”

To determine the Global Logistics Supplier of the Year Award winner, HP evaluated an elite group of suppliers with outstanding performance, exemplifying principles of delivering greater value, including enhanced revenue, cost savings and process efficiencies.