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FEDERAL EXPRESS CORPORATION ANNOUNCES FINAL MONTHLY VOLUME FOR MAY 1993

 MEMPHIS, Tenn., June 15 /PRNewswire/ -- Federal Express Corporation (NYSE: FDX) announced today that average daily volume of express packages and documents for May 1993 increased approximately 12 percent compared to May 1992. Details are shown in the table below.
 FEDERAL EXPRESS CORPORATION
 Fiscal Year-To-Date
 May (12 Months)
 1993 1992 1993 1992
 Total Package
 Volume (000) 36,535 32,569 435,640 373,512
 Operating Weekdays 20 20 255 254
 Average Daily Pkg. Volume:
 Priority
 Overnight 858,100 796,850 808,757 755,248
 Standard
 Overnight 420,500 373,450 393,976 326,232
 Economy
 Two-Day 424,150 342,900 390,941 280,595
 International
 Priority (A) 124,000 115,250 114,718 108,445
 Total 1,826,750 1,628,450 1,708,392 1,470,520
 Percent Change
 in Daily
 Package
 Volume (pct.) 12.2 16.2
 AirFreight Volume (Million of Pounds):
 US Domestic 8.7 8.1 107.2 100.7
 International 38.8 45.2 522.8 573.6
 Total 47.5 53.3 630.0 674.3
 NOTE: (A) 1992 international priority (IP) volumes include shipments from certain intra-European services which were discontinued on May 4, 1992. No intra-European packages are included in the reported volumes for May 1992, and beyond. Total intra-European package volume was 2.16 million packages for the period June 1, 1991, through May 31, 1992.
 -0- 6/15/93
 /CONTACT: Brandon Davis of Federal Express Corporation, 901-395-3755/
 (FDX)


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

TM -- NY117 -- 2415 06/15/93 20:52 EDT
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Publication:PR Newswire
Date:Jun 15, 1993
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