By: Aniket Goswami - 121106
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.
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 countriesworldwide. FedEx Express offers time-bound delivery for documents, packages, and freight. Products:
Documents, packages transportation
International trade services
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:
Sorting and linehaul services
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