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FEDERAL EXPRESS REPORTS MONTHLY VOLUME FOR DECEMBER

 FEDERAL EXPRESS REPORTS MONTHLY VOLUME FOR DECEMBER
 MEMPHIS, Tenn., Jan. 15 /PRNewswire/ -- Federal Express Corporation


(NYSE: FDX) announced today that average daily volume of express packages and documents for December 1991 increased approximately 16 percent compared to December 1990.
 Fiscal Year-to-Date
 December (7 Months)
 1991 1990 1992 1991
 Total volume (000) 32,687 26,938 208,427 191,329
 Operating weekdays 21 20 148 148
 Average daily volume:
 Priority Overnight 732,476 753,550 735,797 767,926
 Standard Overnight 330,572 220,600 304,534 205,351
 Economy Two-Day 380,524 286,000 262,183 237,378
 Int'l Priority 112,952 86,750 105,777 82,109
 Total daily volume 1,556,524 1,346,900 1,408,291 1,292,764
 Percent change 15.6 8.9
 The company also announced that freight shipments for the month totaled 57.7 million pounds compared to 60.1 million pounds last December.
 -0- 1/15/92
 /CONTACT: Dan Copp of Federal Express, 901-395-3490/
 (FDX) CO: Federal Express Corporation ST: Tennessee IN: TRN SU:


CK-JT -- NY082 -- 0192 01/15/92 16:39 EST
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Publication:PR Newswire
Date:Jan 15, 1992
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