FedEx named in FORTUNE 100

FedEx has been named in FORTUNE magazine’s list of the “100 Best Companies to Work For” in the United States in 2010. The company is ranked 91st overall and was recognised specifically for its ability to manage through the economic downtown by taking proactive steps to minimise layoffs and reinstate salary increases and 401(k) match, which the company suspended last year in the midst of the economic downturn.

“FedEx owes its continued success to its people, and I would like to thank our 275,000 team members around the world for their loyalty and dedicated service this past year,” said Frederick W. Smith, chairman, president and chief executive officer of FedEx Corp.  “This year’s recognition is further confirmation that our people-service-profit philosophy works well in both good and challenging times. FedEx team members continue to support and inspire each other to go that extra mile for our customers and the communities we serve. I am very proud of each and every one of our team.”