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Saturday, November 14 - 2009

FedEx Express launches service in Iraq

Federal Express Corp. ('FedEx Express'), the world's largest express transportation company, today announced the addition of Iraq to its global network. FedEx Express is the first to offer door-to-door pick up and delivery for shipments in and out of the cities of Baghdad, Basra and Mosul.

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  • FedEx Courier on his delivery round in Baghdad.
    FedEx Courier on his delivery round in Baghdad.
The Company's role as one of the world's leading drivers of international trade and growth will be a significant asset to Iraq and its business community as the country works towards rebuilding its infrastructure and economy. Access to the FedEx Express international network also helps facilitate the transportation of humanitarian aid into the country, including working with Water Missions International and International Aid.

"Iraq has the potential to be one of the fastest growing economies and will require integrated end-to-end transportation solutions," said Hamdi Osman, Regional Vice President, FedEx Middle East, Indian Sub-Continent and Africa. "There is no question that the country faces a tough business climate, but nothing that can't be overcome by ensuring connectivity with other markets around the globe."

FedEx Express services in Iraq will be operated by Global Service Participant (GSP) Falcon Express Inc. They have a great deal of experience operating in the Middle East
and currently provide delivery services for FedEx Express in Jordan, Lebanon, Qatar, Syria and Yemen. President of Falcon Express Inc., Mazen Mamlouk, said, "The relationship we have formed with FedEx Express to operate in Iraq will ensure that customers in the region will benefit from reliable, time-definite deliveries. We are pleased to contribute towards rebuilding the country."
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About FedEx Corp.
With annual revenues of $22 billion, FedEx Corp. (NYSE:FDX) 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, the largest U.S. provider of regional less-than-truckload freight services; FedEx Custom Critical, North America's largest provider of expedited time-critical shipments; and FedEx Trade Networks, North America's largest customs broker and a provider of international freight forwarding and trade facilitation services. FedEx ranked highest in the J. D. Power and Associates 2002 Small Package Delivery Service Business Customer Satisfaction StudySM in the categories of air, ground and international delivery services.

About Falcon Express Inc.
Falcon Express Inc. is a part of Falcon Aviation Group, which includes Falcon Express Cargo Airlines and Falcon Aviation services. Falcon Express Inc. is a privately held British Virgin Islands company with interests in providing logistics solutions including air, sea and land freight, warehousing and supply chain management. As a supplier of integrated shipping services in the Middle East, Falcon Express Inc. has been associated with FedEx for over ten years, providing FedEx services in Jordan, Lebanon, Qatar, Syria and Yemen.

Contact:
Tiina Varis
Hill and Knowlton
Phone: (9714) 3344930
Fax: (9714) 3344923

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