FedEx Custom Critical Launches Surface Expedite Services for Mexico
Service Provides Time-Specific Freight Shipping Options for Mexico

AKRON, Ohio, Jan. 10, 2005 – FedEx Custom Critical, Inc., a subsidiary of FedEx Corp. (NYSE: FDX), is expanding its portfolio to include surface expedite services to and from Mexico.

This service provides customers with time-specific freight deliveries to and from Mexico, the United States and Canada. FedEx Custom Critical provides to-the-minute pickups and deliveries with exclusive-use vehicles, and only one customer’s shipment is transported on each vehicle for complete custodial control throughout transit. FedEx Custom Critical provides the transportation services for the U.S. and Canadian portions of these shipments, with premium carriers in Mexico handling the exclusive-use transit south of the U.S. border.

"Extending our surface expedite capabilities into Mexico adds another dimension to the solutions we can offer our customers," said Virginia Albanese, vice president of service for FedEx Custom Critical. "We provide shippers with an array of options to move their time-critical freight, whether it’s in the United States, Mexico or anywhere in the world. Our new surface offering for Mexico broadens our expedited portfolio."

For each surface expedite shipment that involves Mexico, customers receive proactive communications and tracking. Customers are contacted when the shipment is picked up, clears customs and when it is delivered.

The addition of surface capabilities builds on the company’s efforts to meet the needs of its customers shipping inbound and outbound from Mexico. In October 2003, FedEx Custom Critical expanded its international Point-to-Point air-freight offering by introducing service to and from Mexico. With this service, exclusive-use vehicles are also used for pickups and for deliveries in the United States and Mexico. FedEx Express provides the air transportation on these shipments. For even faster deliveries, FedEx Custom Critical also arranges domestic and international air-charter services.

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

About FedEx Corp.
FedEx Corp. (NYSE: FDX) provides customers and businesses worldwide with a broad portfolio of transportation, e-commerce and business services. With annual revenues of $27 billion, the company offers integrated business applications through operating companies competing collectively and managed collaboratively, under the respected FedEx brand. Consistently ranked among the world's most admired and trusted employers, FedEx inspires its more than 250,000 employees and contractors to remain "absolutely, positively" focused on safety, the highest ethical and professional standards and the needs of their customers and communities. For more information, visit fedex.com.