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FEDERAL EXPRESS REPORTS AVERAGE DAILY VOLUME

 FEDERAL EXPRESS REPORTS AVERAGE DAILY VOLUME
 MEMPHIS, Tenn., Dec. 17 /PRNewswire/ -- Federal Express Corporation


(NYSE: FDX) announced today that average daily volume of express packages and documents for November 1991 increased approximately 14 percent compared to November 1990.
 Details are shown in the table below.
 Fiscal Year-to-date
 November Six months ended
 1991 1990 1992 1991
 Total Volume (000) 28,675 26,475 175,740 164,391
 Operating weekdays 20 21 127 128
 Average daily volume
 Priority overnight 739,050 741,666 736,347 770,164
 Standard overnight 314,450 212,476 300,228 202,969
 Economy two-day 266,000 220,667 242,614 229,773
 International priority 114,250 85,905 104,591 81,399
 Total daily volume 1,433,750 1,260,714 1,383,780 1,284,305
 Percent change 13.7 7.8
 The company also announced that freight shipments for the month totaled 67.7 million pounds.
 -0- 12/17/91
 /CONTACT: Dan Copp of Federal Express, 901-395-3490/
 (FDX) CO: Federal Express Corporation ST: Tennessee IN: SU: ERN


SH-TS -- NY009 -- 2814 12/17/91 08:20 EST
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Copyright 1991 Gale, Cengage Learning. All rights reserved.

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Publication:PR Newswire
Date:Dec 17, 1991
Words:181
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