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Press Releases
FedEx as official carrier of the CART Series operates 3 charters
to transport 52 CART race cars to Japan
Tokyo, April 4, 1999-Federal Express (FedEx), the world's largest
express transportation company, today delivered 52 championship
cars from Indianapolis to Japan. FedEx is the official transporter
of the '99 FedEx Championship Series, organized by Championship
Auto Racing Teams (CART).
The Japan race will be held over three days starting April 8 at
Super Speedway, Japan's first full-scale oval racing course, at
Twin Ring Motegi in Tochigi.
In addition to participating in this series as the title sponsor,
FedEx is also the official carrier for the event, transporting championship
cars and racing equipment for the sponsors and racing teams.
CART, formerly known as Indy Car, is one of the most popular motor
sports in the U.S. and the fastest motor sport on the earth. FedEx
and CART signed a three-year title sponsorship agreement in 1997.
The 20-race FedEx Championship Series season began on March 21,
1999 in Florida and will be held in 20 cities in five countries.
"FedEx and CART share the same attributes," said David J. Ross,
Vice President of North Pacific Region, Federal Express Corp. "Speed,
reliability, technology and teamwork-these are crucial to taking
the leadership position in express transportation and auto racing
arenas, which naturally led FedEx and CART relationship."
FedEx currently serves more than 30 countries and territories in
the Asia Pacific market with over 5,000 employees. The company provides
the most extensive trans-Pacific all-cargo air lift of any major
competitor. Operating its own wide-bodied MD-11, DC-10 and A310
aircraft, FedEx offers over 260 flights per week to Bangkok, Beijing,
Cebu, Hong Kong, Jakarta, Kaohsiung, Kuala Lumpur, Manila, Osaka,
Penang, Seoul, Shanghai, Singapore, Subic Bay, Sydney, Taipei and
Tokyo, as well as destinations in the US.
Federal Express connects areas that generate 90% of the world's
gross domestic product in 24-48 hours with door-to-door, customs-cleared
service and a money-back guarantee. The company's unmatched air
route authorities and infrastructure make it the world's largest
express transportation company, providing fast, reliable and time-definite
transportation of more than 3 million items to 210 countries each
working day. FedEx employs more than 142,000 employees and has more
than 44,700 drop-off locations, 615 aircraft and 40,900 vehicles
in its integrated global network. The company maintains electronic
connections with more than a million customers via FedEx Powership®,
FedEx Ship® and FedEx interNetShip®. Federal Express reported revenues
of $13.3 billion for its fiscal year ended May 31, 1998.
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