IntroductionIn today's' fast moving world delivery of packages, parcels, documents, goods in a timely and guaranteed manner is of absolute importance. With the fast moving trend of online businesses, auctions etc. The need for fast and reliable package delivery is growing. The logistics industry has received globally, a lot of publicity regarding the industry's attitudes on, and actions in, corporate responsibility issues. The different stakeholder groups are interested in the logistics industry's ways of action concerning these issues. The logistics industry has had to react to these new kinds of demands and questions from the stakeholders. Two major companies come to mind when we have to ship anything of real importance: FEDEX and UPS.
FEDEX Overview:The FedEx companies' historical milestones span over a half century and demonstrate the insight and leadership of the trusted FedEx brand. FedEx Custom Critical, a package and delivery business was founded in Akron, Ohio in 1947 by Roberts Cartage. The FedEx Corporation, as we know it today, was organized in 1971 in Little Rock Arkansas. Today's FedEx is led by FedEx Corporation, which provides strategic direction and consolidated financial reporting for the operating companies that compete collectively under the FedEx name worldwide. FedEx has grown and expanded into four core businesses including; FedEx Kinko's Office and Print Center, FedEx Express, FedEx Ground and FedEx Freight.
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. Moreover, we still back our services with the "absolutely, positively" spirit you expect from the trusted FedEx name. Companies owned by FedEx: FedEx, Corporation, FedEx Express, FedEx Ground, FedEx Freight, FedEx Kinko's, FedEx Custom Critical, FedEx Trade Networks, and FedEx Services.
UPS Overview:UPS established its messenger service in 1907 and transitioned into a package delivery service in 1913. The business was started when Jim Casey borrowed $100 from a friend and has grown into a $36 billion company. Jim's mode of transportation began with a bicycle, expanded to model T Fords, and today's fleet of over 100,000 vehicles delivering 3.6 billion packages and documents to more then 200 countries in 2004. UPS Air Cargo provides freight forwarders direct, airport-to-airport deliveries to over 150 strategically located airports around the world.
UPS is the world's largest package delivery company and a global leader in supply chain services, offering an extensive range of options for synchronizing the movement of goods, information, and funds. Headquartered in Atlanta, Ga., UPS serves more than 200 countries and territories worldwide and operates the largest franchise shipping chain. The UPS Store Companies owned by UPS: UPS Air Cargo, UPS Aviation Technologies, UPS Capital Corporation, UPS Consulting, UPS Mail Innovations, Mail Boxes Etc., UPS Professional Services, UPS Supply Chain Solutions, and UPS TeleServices.
Mission Statement:FedEx:FedEx will produce superior financial returns for shareowners by providing high value-added supply chain, transportation, business, and related information services through focused operating companies competing collectively, and managed collaboratively, under the respected FedEx brand. Customer requirements will be met in the highest quality manner appropriate to each market segment served. FedEx companies will strive to develop mutually rewarding relationships with its employees, partners and suppliers. Safety will...
Please join StudyMode to read the full document