For Immediate Release: June 18, 2001

AKRON, Ohio – FedEx Custom Critical, North America’s largest time-specific, critical-shipment carrier, has appointed Fred Snippe managing director of FedEx Custom Critical Europe, which is headquartered in Beek, The Netherlands.

As managing director, Snippe is responsible for all aspects of FedEx Custom Critical Europe, which provides surface expedite, air charter and special care-in-handling shipping services throughout Western Europe.

Snippe, who joined the company in 1990, most recently served as Europe operations manager, responsible for customer service, recruiting and contractor relations.

“Fred is an outstanding leader. Under his direction as operations manager, FedEx Custom Critical Europe has achieved excellent customer satisfaction and on-time service records, even as it has expanded into additional countries,” said Brendan O’Sullivan, FedEx Custom Critical vice president, finance, treasurer and chief financial officer. “Fred also oversaw the creation of the company’s multilingual call center in Beek, a unique service in Western Europe’s expedited transportation industry.”

Prior to joining FedEx Custom Critical, Snippe served in various logistics functions at Volvo, Dupont and Ewals. Licensed to run a transport company, Snippe is also certified in Hazmat road and air and as a radioactive trainer.

FedEx Custom Critical provides exclusive-use, time-specific shipment services within Europe and throughout the U.S. and Canada. Among its divisions are Surface Expedite, for non-stop, door-to-door transport of critical shipments; White Glove Services®, for shipments that require special care in handling; and CharterAir®, which offers an array of expedited air solutions to meet customers’ critical delivery times. FedEx Custom Critical is an operating subsidiary of FedEx Corp.

With annual revenues of $20 billion, FedEx Corp. is the premier global provider of transportation, e-commerce and supply-chain management services. The company offers integrated business solutions through a network of subsidiaries operating independently, including FedEx Express, the world's largest express transportation company; FedEx Ground, North America's second largest provider of small-package ground delivery service; FedEx Freight, a leading provider of regional less-than-truckload freight services; FedEx Custom Critical, the world's largest provider of expedited, time-critical shipments; and FedEx Trade Networks, a provider of customs brokerage, consulting, information technology and trade facilitation solutions.