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FEDERAL EXPRESS ANNOUNCES FINAL MONTHLY VOLUME FOR FEBRUARY 1992

 FEDERAL EXPRESS ANNOUNCES FINAL MONTHLY VOLUME FOR FEBRUARY 1992
 MEMPHIS, Tenn., March 16 /PRNewswire/ -- Federal Express Corporation (NYSE: FDX) announced today that average daily volume of express packages and documents for February 1992 increased approximately 16 percent compared to February 1991. Details are shown in the table below.
 Fiscal year-to-date
 February (nine months)
 1992 1991 1992 1991
 Total volume (000) 30,429 26,291 271,498 246,316
 Operating weekdays 20 20 190 190
 Average daily volume:
 Priority overnight 777,550 741,250 743,437 759,416
 Standard overnight 346,050 250,200 312,184 212,394
 Economy two-day 281,100 232,350 265,737 241,116
 Int'l priority 116,750 90,750 107,579 83,474
 Total Daily Volume 1,521,450 1,314,550 1,428,937 1,296,400
 Percent change 15.7 pct 10.2 pct
 The company also announced that freight shipments for the month totaled 50.6 million pounds compared to 50.0 million pounds last February.
 -0- 3/16/92
 /CONTACT: Dan Copp of Federal Express, 901-395-3490/
 (FDX) CO: Federal Express Corporation ST: Tennessee IN: AIR SU:


SM-KD -- NY091 -- 8543 03/16/92 18:38 EST
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Copyright 1992 Gale, Cengage Learning. All rights reserved.

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Publication:PR Newswire
Date:Mar 16, 1992
Words:193
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