Caliber Logistics Changes Name to FDX Supply Chain Services

15 October 1999

Caliber Logistics Changes Name to FDX Supply Chain Services

    HUDSON, Ohio--Oct. 15, 1999--Caliber Logistics Inc., consistently recognized as a leader in the contract logistics industry, is changing its name to FDX Supply Chain Services.
    The new name more closely aligns the company to its parent organization, FDX Logistics, Inc., which is one of the major subsidiaries of the $17 billion holding company, FDX Corp.
    "The renaming of Caliber Logistics culminates several months of restructuring designed to strengthen our organization and extend our contract logistics services on a global basis," said Joseph C. McCarty, chief executive officer of FDX Logistics. "Caliber Logistics was one of the pioneers in the contract logistics industry, and now we've refined our strategic direction to ensure that we continue to provide our customers with highly effective supply chain solutions that enable them to better compete in today's global marketplace."
    As part of a strategic alignment, FDX Supply Chain Services will focus on three distinct service offerings:


1.   Transportation Management Services, including inbound and
     outbound mode management on a global, national, or regional
     scale.
2.   Integrated Services, combining transportation management services
     in conjunction with dedicated transportation, facilities
     management, or value-added services such as returns management,
     sequencing, postponement, and merge-in-transit.
3.   Consulting and Professional Services, including the analysis and
     design of supply chain and distribution operations to optimize
     performance.

    As the company continues to seek best-service and low-cost solutions for customers, FDX Supply Chain Services will also utilize the market-leading capabilities and resources of other FDX companies, as appropriate.
    "Our organization is committed to providing the quality of service that has earned us a leadership position in the global logistics industry," added McCarty.
    FDX Supply Chain Services, an operating unit of FDX Logistics, designs, implements and manages time-definite and information-sensitive logistics solutions for customers in a variety of leading industries. FDX Supply Chain Services is a recognized leader in the contract logistics marketplace, offering supply chain management consulting, global transportation management, and integrated logistics solutions including kitting and facilities management. The company's World Wide Web address is www.fdxsupplychain.com.
    FDX Corporation, a $17 billion holding company, provides comprehensive transportation, logistics, e-commerce and supply chain management solutions. FDX Corporation principal operating subsidiaries are Federal Express Corporation, the world's largest express transportation company; RPS Inc., a business-to-business ground small package carrier; Viking Freight Inc., a less-than-truckload carrier operating principally in the western U.S.; Roberts Express Inc., a critical-shipment carrier; and FDX Logistics Inc., a contract logistics provider.