FedEx Trade Networks, freight forwarding arm of FedEx, sets up operations in Johannesburg, South Africa, Bologna, Italy, Ankara and Izmir, Turkey

MEMPHIS, Tennessee , November 2, 2011 (press release) – FedEx Trade Networks, the freight forwarding arm of global shipping giant FedEx Corp. (NYSE: FDX), announced today that it has established operations in Johannesburg, South Africa; Bologna, Italy; and Ankara and Izmir, Turkey. As part of the company’s global expansion initiative, which began in 2008, it has opened a total of 45 offices throughout Europe, Latin America, the Middle East and Asia.

“FedEx Trade Networks is more than just a freight forwarder,” said Fred Schardt, president and CEO of FedEx Trade Networks. “We are in the business of providing solutions and that means giving our customers access to the markets that are most important to them. Whether they ship freight via air, ocean or both, we deliver.”

The opening of the new office in Johannesburg marks the Memphis-based company’s entry into the South African market. The offices in Bologna, Ankara and Izmir are all additional locations in Italy and Turkey. FedEx Trade Networks opened an office in Milan, Italy in November 2010 and established operations in Istanbul, Turkey in August of this year.

This latest round of office openings will offer FedEx Trade Networks customers increased access to major global markets, both inbound and outbound. Customers will also benefit from the company’s wide range of ocean service options and flexible air freight forwarding solutions that employ a variety of value-added services, including the ability to manage their supply chain and control their goods in transit from point of origin to final destination. Customs brokerage, purchase order management with Global Order Logistics, surface transportation, warehousing and distribution are other multimodal solutions offered by FedEx Trade Networks.

In addition to its more than 70 locations throughout the U.S. and Canada, the operations in Johannesburg, Bologna, Ankara and Izmir join an ever-increasing global network of company-owned offices. Over the last three years, FedEx Trade Networks has become a leading freight forwarder in the United Kingdom (Manchester and London), The Netherlands (Amsterdam and Rotterdam), Belgium (Brussels and Antwerp), France (Paris and Le Havre), Spain (Madrid and Barcelona), Italy, Germany (Frankfurt, Hamburg and Munich), Poland (Gdynia and Warsaw), Hungary, the Czech Republic, Slovakia, Romania, Turkey, the United Arab Emirates, India (Mumbai, Chennai and Delhi), Mexico, Brazil, Singapore, Taiwan, Hong Kong and the Chinese cities of Shanghai, Beijing, Guangzhou, Shenzhen, Qingdao, Tianjin, Xiamen, Dalian, Ningbo and Chengdu. The company also has a representative office in Vietnam.

About FedEx Trade Networks

FedEx Trade Networks, and its predecessor companies, have more than 100 years of experience in international trade. The company's advanced technology and network of worldwide locations and alliances enables it to provide comprehensive ocean and air international freight forwarding, customs brokerage, Global Order Logistics, distribution and surface transportation, trade advisory services, and advanced e-commerce and trade facilitation solutions. FedEx Trade Networks has the resources and support to help customers of all sizes navigate the intricacies of shipping goods globally. For more information, visit ftn.fedex.com.

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