Preview

Fedex

Better Essays
Open Document
Open Document
754 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Fedex
The Express Transportation Company: FedEx
By: Aniket Goswami - 121106

History
FedEx Corporation (FedEx) traces back to 1971 when Frederick Smith established FDX, later to become FedEx, in Arkansas.
FDX installed Cosmos, a centralized computer system, in 1979, to manage vehicles, people, packages, routes, and weather scenarios on a real-time basis.

1984-1998: Gelco Express International, Caliber System : Acquisition

FDX Corporation was renamed FedEx Corporation in 2000.

Business Description
FedEx Corporation (FedEx) provides transportation, e-commerce, and business support & logistics services.
The company operates its business through four main segments:
FedEx Express:
FedEx Express, one of the largest express transportation companies, makes packages and freight deliveries throughout the US and to 220 countries worldwide. FedEx Express offers time-bound delivery for documents, packages, and freight.
Products:
Documents, packages transportation
International trade services
Customs brokerage
Cargo distribution
Advisory services
FedEx Ground:
FedEx Ground Package Systems (FedEx Ground) specializes in small-package shipping, offering business-to-business delivery or convenient residential service through FedEx Home Delivery and FedEx SmartPost.
FedEx Ground operates a multiple hub-and-spoke sorting and distribution system consisting of over 500 pickup/delivery stations facilities and 33 ground hubs. It operates 9,189 dropoff locations with a ground fleet of more than 29,000 motorized vehicles. FedEx Ground has an average daily volume of more than 3.5 million packages.
Products:
Small-package delivery
Sorting and linehaul services
FedEx Freight:
The FedEx Freight provides less-than-truckload (LTL) freight services. This segment also includes FedEx Custom Critical service, which provides a time-specific freight-shipping services throughout the US, Canada, and Mexico.
Products:
Less-than-truckload (LTL) freight services


References: & Bibliography: 1) http://www.marketline.com, Company Profile : FedEx Corporation, Market Line, REFERENCE CODE: 3FB515C6-44D5-4A30-BC7E-556271B4A308, PUBLICATION DATE: 11 Jul 2012 2) http://www.fedex.com 3) http://en.wikipedia.org/wiki/FedEx
Continue Reading
View Writing Issues

You May Also Find These Documents Helpful

  • Good Essays

    Acc 100 Final Project Paper
    • 554 Words
    • 3 Pages

    Acc 100 Final Project Paper

    Federal Express was founded in 1973 by Fred Smith. The idea came from FedEx Corporation operates in four segments. FedEx Express is the world's largest express transportation company, delivering some 3 million packages daily. It provides transportation, e-commerce, and business services worldwide. The company offers a range of shipping services for the delivery of packages, documents, and freight. FedEx Freight segment offers regional next-day and second-day, and interregional less-than-truckload freight services. FedEx Kinko's provides document management solutions and many business services including facsimile, black and white and color copying/printing, finishing and presentation services, signs and graphics, Internet access, videoconferencing and various other retail services and products. The company was incorporated in 1971 and is based in Memphis, Tennessee.…

    • 554 Words
    • 3 Pages
    Good Essays
    Read More
  • Satisfactory Essays

    Unit 1, the Business Environment, P1
    • 1014 Words
    • 5 Pages

    Unit 1, the Business Environment, P1

    FedEx Corporation is an American global courier delivery service. It operates under a public limited ownership as a tertiary business.…

    • 1014 Words
    • 5 Pages
    Satisfactory Essays
    Read More
  • Better Essays

    BUS 599 Nadine Gilles Week 6 Assignment 2
    • 1386 Words
    • 4 Pages

    BUS 599 Nadine Gilles Week 6 Assignment 2

    Federal Express, which has since changed their name to The FedEx Corporation, was founded in 1971. FedEx began running their operations in 1973 and created an air and ground industry of delivering packages. FedEx is renowned for the being a leader in the courier industry and also play a very important role in the logistics industry.…

    • 1386 Words
    • 4 Pages
    Better Essays
    Read More
  • Powerful Essays

    Fedex
    • 2233 Words
    • 9 Pages

    Fedex

    FedEx Corp., founded by Frederick W. Smith, began operations in April 1973 and was incorporated on October 2, 1997. FedEx Corp. is a publicly traded company on the New York Stock Exchange and headquartered in Memphis, TN. Fedex Corporation was formed in January 1998 with the acquisition of Caliber System Inc. The company reports in four major business segments. FedEx Express provides time-certain delivery within one to three business days serving markets that comprise more than 90 percent of the world 's gross domestic product. FedEx Ground provides low-cost, day-certain service to every business address in the United States, Canada and Puerto Rico and nearly 100 percent of U.S. residences through FedEx Home Delivery. It also includes FedEx SmartPost, Inc. FedEx Freight provides less-than-truckload freight services through FedEx Freight and FedEx National LTL. The FedEx Freight segment also includes FedEx Custom Critical, Inc., North America 's largest time-specific, critical shipment carrier, and Caribbean Transportation Services, Inc., a leading provider of airfreight forwarding services between the United States and Puerto Rico. FedEx Services provides sales, customer service, and information technology support through FedEx Customer Information Services, Inc., primarily for the benefit of FedEx Express and FedEx Ground. The FedEx Services segment also includes FedEx Office and Print Services, Inc., formerly known as FedEx Kinko 's, and FedEx Global Supply Chain Services, Inc., which offers a range of supply chain solutions. In 2007, FedEx Corporation acquired ANC Holdings Ltd. (now rebranded as FedEx UK), Prakash Air Freight Pvt. Ltd. and Tianjin Datian W. Group Co., Ltd. 's 50 percent share of the FedEx-DTW International Priority joint venture and assets relating to DTW Group 's domestic network in China.…

    • 2233 Words
    • 9 Pages
    Powerful Essays
    Read More
  • Better Essays

    Mgt 401 Business Model Comparison
    • 1057 Words
    • 5 Pages

    Mgt 401 Business Model Comparison

    When people think of transportation delivery services there are two names that come to mind and that is UPS and FedEx. These two brands are leaders and competitors in the transportation industry and have built a sustainable competitive advantage. When looking at these…

    • 1057 Words
    • 5 Pages
    Better Essays
    Read More
  • Powerful Essays

    FedEx - Current Market Trends and Conditions
    • 4943 Words
    • 19 Pages

    FedEx - Current Market Trends and Conditions

    FedEx Corporation is responsible for the direction of FedEx which is comprised of FedEx Express, FedEx Ground, FedEx Freight, FedEx Office, FedEx Custom Critical, FedEx Trade Networks, and FedEx Services. FedEx started in 1998 and wanted to expand their express delivery service so that they could diversify their portfolio ultimately to compete in the market on a global scale. In 2000, FedEx acquired a new subsidiary called Tower Group International who is a leader in the business of international logistics and trade information technology. Through this acquisition, FedEx has become the largest-volume customs entry filer in North America and a leader in global ocean and air cargo distribution and trade facilitation.…

    • 4943 Words
    • 19 Pages
    Powerful Essays
    Read More
  • Powerful Essays

    Fedex vs Ups
    • 4116 Words
    • 17 Pages

    Fedex vs Ups

    The air express segment was a $25bn portion of the US package-delivert industry, and was concentrated in letters and packages, overnight and deferred, and air or air and ground. Virtually all FedEx business activities were in the air express segment of the package delivery industry, only 22% of UPS’s revenues were derived from its next day air business. FedEx and UPS’s competition for the dominance of the $25bn domestic air express delivery market foreshadowed in an unusually challenging future…

    • 4116 Words
    • 17 Pages
    Powerful Essays
    Read More
  • Better Essays

    Fedex vs Ups competitive advantage
    • 974 Words
    • 4 Pages

    Fedex vs Ups competitive advantage

    In this report we focus on the two main competitors in the package delivery industry: Federal Express Corporation (FedEx) and United Parcel Service of America, Inc. (UPS).…

    • 974 Words
    • 4 Pages
    Better Essays
    Read More
  • Satisfactory Essays

    Mg518 Week 1 Assignment
    • 545 Words
    • 3 Pages

    Mg518 Week 1 Assignment

    FedEx’s traditional ways of doing things were changing. Originally, FedEx was a company that provided quick service faster than any competition for a premium price. Price was no object to most companies because the cost of doing business quickly far outweighed not getting it there in time. Bids on new business needed to be there overnight! This brought in more business to most organizations and so the cost was no so important. As times changed and some companies fell on harder times, they could not afford the exhorbinate…

    • 545 Words
    • 3 Pages
    Satisfactory Essays
    Read More
  • Powerful Essays

    Fedex Courier Pak
    • 1011 Words
    • 5 Pages

    Fedex Courier Pak

    By capitalizing on this strategy, FedEx was able to boost its average delivery volume in 1976 to 20,726 packages per day via its three services, Priority-One, Standard Air, and Courier Pack, compared with an average of 10,521 delivered daily the prior year. Clearly the company’s calculated use of strategically-located hubs, nighttime flight routes, and limited package size allowed the company to carve out a niche by reliably delivering packages on an immediate, overnight basis.…

    • 1011 Words
    • 5 Pages
    Powerful Essays
    Read More
  • Satisfactory Essays

    Ricky Doc
    • 286 Words
    • 2 Pages

    Ricky Doc

    FedEx Express, the worlds second largest package delivery company is cutting cost due to the slow economic. Fedex offering voluntary buyout for eligible U.S. employees. FedEx said those that newer employees and those who are close to retirement are also eligible for buyouts. FedEx hasn't said yet how many positions they've decided to buyout, but it will be more focus on slow-growth areas like its Express and Services units. The Express is still FedEx's biggest segment far, mainly know as FedEx's speedy shipping division. Ships about 3.5 million packages on an average day, has been hit hard because people are deciding to use slower delivery methods to save money.…

    • 286 Words
    • 2 Pages
    Satisfactory Essays
    Read More
  • Good Essays

    Fedex vs. Ups
    • 2293 Words
    • 10 Pages

    Fedex vs. Ups

    As the U.S. package delivery business segment matured, International segment became the battle ground for the two package delivery giants – FedEx and UPS. FedEx is considered to be the innovative, entrepreneurial, inventor of customer logistical management, and an operational leader. UPS, on the other hand, is considered to be big, bureaucratic, and industry follower, although UPS is shedding this negative image with newer innovations.…

    • 2293 Words
    • 10 Pages
    Good Essays
    Read More
  • Powerful Essays

    UPS vs. FedEx
    • 1698 Words
    • 5 Pages

    UPS vs. FedEx

    Every generation expects easier access to more of what the world has to offer and that is more products and services, more information and ideas, more people and places. FedEx helped create that expectation. In addition, we deliver on it millions of times a day, providing the access to transform possibilities into reality. While our early days are legendary, today's FedEx has grown up into a $29-billion network of companies, offering just the right mix of transportation, information, document management, and supply chain solutions.…

    • 1698 Words
    • 5 Pages
    Powerful Essays
    Read More
  • Powerful Essays

    Fed Ex vs Ups Case Analysis Essay Example
    • 2841 Words
    • 12 Pages

    Fed Ex vs Ups Case Analysis Essay Example

    UPS and FedEx are the leading parcel carriers in the U.S. FedEx has significantly expanded their capability to compete with UPS's dominant ground delivery service. UPS has continued its strong marketing efforts in overnight and deferred air services. Both of these carriers have introduced information systems, which include user-friendly Internet interfaces. The carriers have also expanded logistical services and improved integration with customer supply chains.…

    • 2841 Words
    • 12 Pages
    Powerful Essays
    Read More
  • Powerful Essays

    Airborne Express and Husky Injection
    • 1943 Words
    • 8 Pages

    Airborne Express and Husky Injection

    FedEx virtually invented the express mail industry. It held around 45% of the domestic express mail market and was the industry leader.…

    • 1943 Words
    • 8 Pages
    Powerful Essays
    Read More

Related Topics