Thursday, April 7, 2011

FedEx (NYSE:FDX) New Intercontinental Route

FedEx (NYSE:FDX) has announced the launch of an intercontinental flight route to provide service improvements. FedEx (NYSE:FDX) New Intercontinental Route FedEx (NYSE:FDX), the world's largest transportation company, said that it will launch a new intercontinental flight route to provide service improvements to customers. The company will introduce a Boeing 777F service to help customers shipping between U.S., Middle East, India and Europe. This will provide better international connectivity, additional capacity from India, unbeatable transit times and best-in-class custom clearance operations. FedEx (NYSE:FDX) India vice president Kenneth F Koval said, "The aircraft will offer improved payload capacity, thus addressing the growing need for additional space as well as further underlining our commitment to offering unparalleled connectivity to our customers in India". FedEx (NYSE:FDX) stocks are currently standing at 94.59. Price History Last Price: 94.59 52 Week Low / High: 69.78 / 98.52 50 Day Moving Average: 91.56 6 Month Price Change %: 7.2% 12 Month Price Change %: 1.9%
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