0000912057-01-535821.txt : 20011026
0000912057-01-535821.hdr.sgml : 20011026
ACCESSION NUMBER: 0000912057-01-535821
CONFORMED SUBMISSION TYPE: 8-K
PUBLIC DOCUMENT COUNT: 2
CONFORMED PERIOD OF REPORT: 20011017
ITEM INFORMATION: Other events
ITEM INFORMATION: Financial statements and exhibits
FILED AS OF DATE: 20011018
FILER:
COMPANY DATA:
COMPANY CONFORMED NAME: FEDERAL EXPRESS CORP
CENTRAL INDEX KEY: 0000230211
STANDARD INDUSTRIAL CLASSIFICATION: AIR COURIER SERVICES [4513]
IRS NUMBER: 710427007
STATE OF INCORPORATION: DE
FISCAL YEAR END: 0531
FILING VALUES:
FORM TYPE: 8-K
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-07806
FILM NUMBER: 1761276
BUSINESS ADDRESS:
STREET 1: 2005 CORPORATE AVE
CITY: MEMPHIS
STATE: TN
ZIP: 38132
BUSINESS PHONE: 9013693600
MAIL ADDRESS:
STREET 1: 2005 CORPORATE AVE
CITY: MEMPHIS
STATE: TN
ZIP: 38132
FILER:
COMPANY DATA:
COMPANY CONFORMED NAME: FEDEX CORP
CENTRAL INDEX KEY: 0001048911
STANDARD INDUSTRIAL CLASSIFICATION: AIR COURIER SERVICES [4513]
IRS NUMBER: 621721435
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 8-K
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-15829
FILM NUMBER: 1761277
BUSINESS ADDRESS:
STREET 1: 942 SOUTH SHADY GROVE ROAD
CITY: MEMPHIS
STATE: TN
ZIP: 38120-
BUSINESS PHONE: 9013693600
MAIL ADDRESS:
STREET 1: 6075 POPLAR AVENUE
CITY: MEMPHIS
STATE: TN
ZIP: 38119
FORMER COMPANY:
FORMER CONFORMED NAME: FDX CORP
DATE OF NAME CHANGE: 19971103
8-K
1
a2061348z8-k.txt
8-K
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
----------------
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934
DATE OF REPORT (DATE OF EARLIEST EVENT REPORTED): OCTOBER 17, 2001
----------------
FEDEX CORPORATION
(EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER)
COMMISSION FILE NUMBER 1-15829
DELAWARE 62-1721435
(STATE OR OTHER JURISDICTION OF (I.R.S. EMPLOYER
INCORPORATION OR ORGANIZATION) IDENTIFICATION NO.)
942 SOUTH SHADY GROVE ROAD, MEMPHIS, TENNESSEE 38120
(ADDRESS OF PRINCIPAL EXECUTIVE OFFICES) (ZIP CODE)
REGISTRANT'S TELEPHONE NUMBER, INCLUDING AREA CODE: (901) 818-7500
----------------
FEDERAL EXPRESS CORPORATION
(EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER)
COMMISSION FILE NUMBER 1-7806
DELAWARE 71-0427007
(STATE OR OTHER JURISDICTION OF (I.R.S. EMPLOYER
INCORPORATION OR ORGANIZATION) IDENTIFICATION NO.)
3610 HACKS CROSS ROAD, MEMPHIS, TENNESSEE 38125
(ADDRESS OF PRINCIPAL EXECUTIVE OFFICES) (ZIP CODE)
REGISTRANT'S TELEPHONE NUMBER, INCLUDING AREA CODE: (901) 369-3600
ITEM 5. OTHER EVENTS.
On October 17, 2001, FedEx Corporation announced that its subsidiary
Federal Express Corporation would implement an indexed fuel surcharge beginning
November 5, 2001. See the press release attached to this report as Exhibit 99.1.
ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS.
(c) Exhibits.
EXHIBIT
NUMBER DESCRIPTION
------- -----------
99.1 Press Release of FedEx Corporation dated October 17, 2001.
2
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrants have duly caused this report to be signed on their behalf by the
undersigned hereunto duly authorized.
FEDEX CORPORATION
Date: October 18, 2001 By: /s/ James S. Hudson
--------------------------------
James S. Hudson
Corporate Vice President -
Strategic Financial Planning
and Control
FEDERAL EXPRESS CORPORATION
Date: October 18, 2001 By: /s/ Michael W. Hillard
---------------------------------
Michael W. Hillard
Vice President and Controller
3
EXHIBIT INDEX
EXHIBIT DESCRIPTION
------- -----------
99.1 Press Release of FedEx Corporation dated October 17, 2001.
E-1
EX-99.1
3
a2061348zex-99_1.txt
PRESS RELEASE DTD 10-17-01
EXHIBIT 99.1
Contact: Carla Boyd Richards Jim Clippard
FedEx Media Relations FedEx Investor Relations
949-248-2406 901-818-7468
CBRICHARDS@FEDEX.COM IR@FEDEX.COM
FOR IMMEDIATE RELEASE
---------------------
FEDEX EXPRESS MOVES TO A DYNAMIC FUEL SURCHARGE
-- IMPLEMENTATION MOVES FUEL SURCHARGE TO THREE PERCENT --
----------------------------------------------------------
MEMPHIS, Tenn. (October 17, 2001) - FedEx Corp. (NYSE: FDX) today
announced that its subsidiary Federal Express Corp. ("FedEx Express") will lower
its current four percent fuel surcharge to three percent beginning Nov. 5, 2001
based on a new index for calculating fuel surcharges on U.S. domestic and U.S.
outbound shipments.
The surcharge will be subject to adjustment monthly using a rounded
average of the U.S. Gulf Coast (USGC) spot price for a gallon of kerosene-type
jet fuel, as published monthly by the U.S. Department of Energy. This method
more closely links the surcharge to market prices for jet fuel. For example, the
surcharge for November 2001 will be based on USGC spot price for jet fuel
published for September 2001.
Changes to the FedEx Express fuel surcharge, when calculated according
to the USGC index and FedEx trigger points, will be applied effective from the
first Monday of the month. These trigger points may change from time to time,
but information on the fuel surcharge for each month will be available at
fedex.com two weeks before the surcharge is applicable.
"This approach will provide FedEx Express customers a convenient way to
adjust to fluctuations in fuel prices," said T. Michael Glenn, President and CEO
of FedEx Services. "FedEx is the first company in the express shipping industry
to implement an indexed fuel surcharge which should allow FedEx Express and its
customers to respond more quickly to changes in fuel prices in the marketplace."
With annual revenues of $20 billion, FedEx Corp. is the premier global
provider of transportation, e-commerce and supply chain management services. The
company offers integrated business solutions through a network of subsidiaries
operating independently, including: FedEx Express, the world's largest express
transportation company; FedEx Ground,
North America's second largest provider of small-package ground delivery
service; FedEx Freight, a leading provider of regional less-than-truckload
freight services; FedEx Custom Critical, the world's largest provider of
expedited time-critical shipments; and FedEx Trade Networks, a provider of
customs brokerage, consulting, information technology and trade facilitation
solutions.
# # #
NOTE TO EDITORS: FedEx press releases are available on the World Wide Web at
HTTP://WWW.FEDEX.COM.