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FEDERAL EXPRESS REPORTS DAILY VOLUME FOR JANUARY

 MEMPHIS, Feb. 11 /PRNewswire/ -- Federal Express Corporation (NYSE: FDX) announced today that average daily volume of express packages and documents for January 1993 increased approximately 15 percent compared to January 1992. Details are shown in the table below.
 FEDERAL EXPRESS
 January Fiscal Year-to-Date
 Eight Months
 1993 1992 1993 1992
 Total pkg volume (000) 34,056 32,642 285,035 241,069
 Operating weekdays 20 22 170 170
 Average daily pkg volume:
 Priority Overnight 801,800 763,818 796,541 739,424
 Standard Overnight 397,650 332,863 384,294 308,200
 Economy Two-Day 394,150 275,682 384,171 263,929
 Intl Priority (A) 109,200 111,364 111,670 106,500
 Total 1,702,800 1,483,727 1,676,676 1,418,053
 Percent Change
 Package volume 14.8 pct 18.2 pct
 Airfreight Volume (millions of pounds):
 US Domestic 7.7 8.8 72.4 65.2
 International 38.7 42.9 366.7 393.1
 Total 46.4 51.7 439.1 458.3
 (A) 1992 international priority volumes include shipments from certain intra-European services which were discontinued on May 4, 1992. Discontinued intra-European average daily volumes were 11,900 in January 1992, and had averaged 10,300 per day for the period June 1, 1991, through Jan. 31, 1992.
 -0- 2/11/93
 /CONTACT: Brandon Davis of Federal Express, 901-395-3755/
 (FDX)


CO: Federal Express Corporation ST: Tennessee IN: TRN SU:

TM-KW -- NY096 -- 5946 02/11/93 18:13 EST
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Publication:PR Newswire
Date:Feb 11, 1993
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