FedEx honoured by General Motors as a 2006 Supplier of the Year

FedEx Global Supply Chain Services, a FedEx Corp. (NYSE: FDX) company that provides supply-chain management solutions, was presented the General Motors 2006 Supplier of the Year award for its overall business performance in providing GM with world-class logistics services.

The 15th annual award — themed the “Best of the Best” — was given during ceremonies Saturday, March 31 in Orlando, Fla. FedEx Global Supply Chain Services, the first logistics provider to receive the GM Supplier of the Year award in 1998, is now the only logistics company to earn the honor for nine consecutive years.

“We are proud to honor FedEx Global Supply Chain Services as one of the ‘Best of the Best’ GM suppliers in 2006,” said Bo Andersson, GM group vice president, Global Purchasing and Supply Chain. “FedEx Global Supply Chain Services achieved the award based on outstanding performance in 2006. We appreciate their energy, hard work and dedication to the success of GM.”

Since 1995, FedEx Global Supply Chain Services has managed the inbound transportation for more than 1,125 suppliers into 27 GM powertrain, engine, transmission and component plants, primarily in North America.

“This award is a testament to the continued efforts by FedEx Global Supply Chain Services to provide world-class service and solutions for GM and all of our customers worldwide,” said Tom Schmitt, president and chief executive officer of FedEx Global Supply Chain Services. “GM sets the bar extremely high and we are proud to offer our expertise in creating unique supply chain solutions.”

The GM Supplier of the Year award began as a global program in 1992. Winners are selected by a global team of executives from purchasing, engineering, manufacturing and logistics who base their decisions on supplier performance in quality, service, technology and price. This year, General Motors honored 89 suppliers for their outstanding performance throughout 2006.

FedEx Global Supply Chain Services provides critical inventory logistics, transportation management, fulfillment and fleet services to improve the supply-chain performance of its customers and offers customers process discipline through flexible and scalable solutions.

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