FEDEX FACTS & FIGURES - JULY 2013

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FedEx Facts & Figures
                                   July 2013

Revenues 2013
   • FedEx Corp. (Global) 44.3 Billion (FY’13)
   • FedEx Express (Global) 27.2 Billion (including FTN)

Daily Package Volumes
   • FedEx Corp. (Global) 10 million
   • FedEx Express (Global) 3.9 million – 11 Million Pounds of Freight
   • FedEx Express (Memphis Hub night-side) 1.3 – 1.5 million packages
   • FedEx Express (Memphis Hub day-side) 500-600 thousand (584k)

Workforce
  • FedEx Corp. (Global) 300,000 employees/contractors
  • FedEx Express (Global) 155,000 employees
  • FedEx Express (Memphis) 35,000
  • FedEx Express (Memphis Hub night-side) 7,200
  • FedEx Express (Memphis Hub day-side) 3100

Service Area
   • FedEx Express (Global) 220 countries/ territories
   • FedEx Express (Global) 375 airports
   • FedEx Express (Global) 1173 stations

Air Fleet
    • FedEx Express (Global) 647 Aircraft
    • Express (Memphis Hub night-side/inbound/outbound) 140-150 aircraft
    • Express (Memphis Hub day-side/inbound/outbound)      80-90 aircraft

Truck Fleet
   o FedEx Express (Memphis Hub) night-side/inbound 190-250 trucks
   o FedEx Express (Memphis Hub) night-side/outbound 50- 100 trucks
   o FedEx Express (Memphis Hub) day-side/inbound 120-175 trucks
   o FedEx Express (Memphis Hub) day-side/outbound 100-220 trucks

                    Memphis World Hub Acres: 863 Acres
(INCLUDING the acquired Air National Guard Property and new 777/Hanger 26 addition)
180K – Green Building (Secondary 23 & 24)
   Secondary’s 23 & 24 are capable of sorting 20K PPH with max capacity of 24K PPH.
 Secondary’s 23 & 24 from the West and East matrix to bring the Memphis Hub capacity
                                     to 180PPH.

                                Secoundry 23 &24 has been recognized by the U.S.
                                Green Council for being LEED certified (Leadership in
                                       Engery and Environmental Design).
                         	
  
      FedEx Express has made LEED
       Certification the standard for                  SPSS
     newly built US facilities. Currently                 $175 million building costs
      9 FedEx Express buildings are                       175,000 sq. ft./floor
               LEED certified.                            325,000 packages/hr. (capacity)
                                                          99.95% efficiency
                                                          620,000 – 820,000 docs per night

                                                                   Primary Matrix
10 Air Express Hubs                                       180,000 packages/hr. (capacity)

                                                                   Control Room
                                                                    260 Cameras
    Asia Pacific                                                  425 Sort Monitors
 Guangzhou, China                                                16-20 Belt Monitors
     Canada
  Toronto, Ontario                                                    Runways
                                                                     1 East/West
                                                                    3 North/South
        Europe/Middle East/Africa
                Paris, France                                    Lightning Detection
        Latin America-Caribbean                                  3 Miles Clear Ramp
                Miami, Florida                                   5 Miles Stop Fueling
               United States
                                                                  Conveyor Belts
             Anchorage, Alaska
                                                                 84 Miles (Approx.)
              Fort Worth, Texas
            Indianapolis, Indiana                             Aircraft Landing Intervals
      Memphis, Tennessee (SuperHub)                              90 Seconds (Avg.)
            Newark, New Jersey
             Oakland, California                                 Diesel Generators
                                                                         20

                                                                       Offload
FedEx Express
FedEx Express invented express distribution and remains the industry’s global
leader, providing rapid, reliable, time-definite delivery to more than 220 countries
and territories, connecting markets that comprise more than 90 percent of the
world’s gross domestic product within one to three business days. Unmatched air
route authorities and transportation infrastructure, combined with leading-edge
information technologies, make FedEx Express the world’s largest express
transportation company, providing fast and reliable services for more than 3.6
million shipments each business day.  

FedEx International
With unmatched air route authorities and an extensive air/ground infrastructure,
FedEx Express provides customs-cleared, door-to-door service to more
international locations than its competitors. International express delivery is
guaranteed to more than 220 countries and territories, with a variety of time-
definite services to meet distinct customer needs.

The Primary Matrix
The Primary Matrix Sorting Facility handles the average size packages (75 pounds
or less and conveyable) that are placed on the middle belts of the five domestic
inputs. This facility consists of an East Matrix Sorting Facility and a West Matrix
Sorting Facility.

Heavyweight Processing Area
FedEx Express considers any freight weighing over 150 pounds to be
“heavyweight” freight. This freight may be containerized or palletized on a
metal “cookie sheet.”

The Domestic Input
The sorting process for domestic box freight starts when containers from the
inbound flights or trucks are taken to one of the five domestic inputs. At these
inputs, handlers unload the containers and place the packages on one of three
conveyor belts.

The Observation Deck
The Observation Deck is 90 feet up in the 130-foot high FedEx Express Control
Tower. The Memphis International Airport Control Tower brings the FedEx Express
aircraft into the airport and directs them to one of the four runways. Once the
aircraft leave an active runway or taxiway, the FedEx Express Control Tower
takes over and directs the aircraft to their assigned gate on the ramp. The
opposite rule is true for outbound flights. Once the aircraft leaves the FedEx
Express ramp and enter an active runway or taxiway, the Memphis International
Airport Control Tower takes charge of the aircraft. From the Observation Deck,
guests get a 360-degree view of the FedEx Express ramp.
International Clearance Facility
The International Clearance Facility (ICF) is the four-story building west of the
Heavyweight processing area. In this facility, all cargo entering or leaving the
country is sorted and processed.

Small Package Sorting System (SPSS)
The Small Package Sorting System (SPSS) facility was built to replace the labor-
intensive Overnight Letter and Courier Pak manual sort. It is a semi-automatic
small parcel and document sorting facility. The input, sorting, and outbound
operations are all done within the walls of the facility.

777F Aircraft

          •     The 777F is the most advanced and efficient twin-engine long-range
                cargo aircraft in the world. It uses 18% less fuel and reduces emissions
                by 18% compared to an MD11 (assumes 4,000 nautical mile stage
                length, on a payload-adjusted-unit-basis). Furthermore, the 777F has a
                greater payload capacity than the MD11, particularly on long-range
                missions.
          •     777F is the most reliable aircraft in the Express fleet; it helps ensure we
                maintain the best service in the industry.
          •     The 777F provides up to 57% greater range than an MD11. This allows
                us to offer our customers unmatched service through up to 2.5 hour
                later cut-off times.
          •     On a generic 3,000 nautical mile trip, the 777F burns 15 – 24% less fuel
                than the 747-400F & 747-400BCF per pound of payload
          •     At Maximum Operational Revenue Payload the 777F offers an
                increase of 800 – 900 nautical miles of range over the 747-400F & 747-
                400BCF (17 – 20% greater range than 747-400F & 747-400BCF).
          •     At the beginning of FY14 we have 23 in service with an additional 20 in
                service by 2023.
757-200 Aircraft

         •   Range – 2,600 nautical miles at Maximum Operational Revenue
             Payload
         •   Maximum Operational Revenue Payload – 45,800 lbs
         •   20% more capacity than the 727-200
         •   Uses 36% less fuel compared to the 727-200 (on a payload-adjusted-
             basis)
         •   125 aircraft have been authorized by the BOD
         •   73 aircraft are available for revenue service (16 aircraft have been
             purchased and delivered to FedEx for modification. Total as of June 1,
             2013 = 89 aircraft.
         •   13 additional 757s will become available for revenue service this fiscal
             year which will bring the total to 102 aircraft for FY14.

767-300F Aircraft

         •   The purchase of 50 aircraft have been approved and contracted
         •   30% improvement in fuel efficiency and 29% lower unit operating cost
             over the MD-10 (assuming LD2/AAD configuration for the 767)
         •   Net payload comparable to MD-10 net payload (assuming LD2/AAD
             configuration for the 767)
         •   3,400NM range at FedEx Express payloads
         •   Maintenance “honeymoon” effect of new aircraft
         •   Same ramp “footprint” as MD-10s
         •   The first 767 will be delivered to FedEx in September 2013. The first 767
             will be put into revenue service in November 2013.
         •   Four 767s will be put into revenue service for FY14.
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