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FEDERAL EXPRESS REPORTS DECEMBER VOLUME

 MEMPHIS, Tenn., Jan. 13 /PRNewswire/ -- Federal Express Corporation (NYSE: FDX) announced today that average daily volume of express packages and documents for December 1992 increased 22 percent compared to December 1991. Details are shown in the table below.
 Fiscal Year-to-Date
 December (7 Months)
 1992 1991 1993 1992
 Total Pkg. Volume (000) 41,885 32,687 250,979 208,427
 Operating Weekdays 22 21 150 148
 Average Daily Pkg. Volume:
 Priority Overnight 823,500 732,476 795,840 735,797
 Standard Overnight 413,364 330,572 382,513 304,534
 Economy Two-Day 554,409 380,524 382,840 262,183
 International Priority 112,591 112,952 112,000 105,777
 Total 1,903,864 1,556,524 1,673,193 1,408,291
 Percent Change
 Package Volume 22.3 18.8
 AirFreight Volume (millions of pounds)
 U.S. Domestic 10.6 8.9 64.6 56.4
 International 48.7 48.8 328.1 350.2
 Total 59.3 57.7 392.7 406.6
 -0- 1/13/93
 /CONTACT: Brandon Davis of Federal Express, 901-395-3755/
 (FDX)


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

WB-TM -- NY070 -- 4617 01/13/93 17:49 EST
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Publication:PR Newswire
Date:Jan 13, 1993
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