Preview

Fedral Express

Powerful Essays
Open Document
Open Document
7383 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Fedral Express
Executive Summary
This report is an overview of FedEx Corporation which we came across through the source of internet. We focused on different aspects of what FedEx is, how it works and how much is its global recognition.
FedEx is the world's largest express delivery, ground small-parcel delivery, less-than-truckload freight delivery, supply chain management, customs brokerage, trade facilitation and e-commerce solutions company with more than 145,000 employees, worldwide and delivering more than 3.2 million packages daily. They command a fleet of 634 aircraft and more than 42,500 vehicles. FedEx offers various international packages and document delivery services to 214 countries, as well as international freight services and also offers commercial and military charter services. Federal Express has reorganized in an effort to provide consumers better and more complete transportation, distribution, and logistics products and services. The Federal Express Corporation, formerly FDX Corporation, now provides strategic direction for six other companies; each with a key role in the corporation’s overall operation. * FedEx Express (formerly Federal Express) – the traditional global express delivery company utilizing air routes and local ground distribution * FedEx Ground (formerly RPS) - North American ground package delivery; expanding from business-to-business to business-to-consumer * FedEx Custom Critical (formerly Roberts Express) – time-specific, critical shipment within North America and within Europe * FedEx Logistics (formerly FDX Logistics) – a transportation management company plus two regional freight carriers * FedEx Trade Networks – provider of full-service customs brokerage, trade consulting, information technology, and e-clearance solutions * Viking Freight – western U.S. regional less-than-truckload carrier offering premium service
FedEx is best known for its by-line of "when it absolutely,

You May Also Find These Documents Helpful

  • Good Essays

    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
  • Satisfactory Essays

    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
  • Better Essays

    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
  • Powerful Essays

    Fedex

    • 2233 Words
    • 9 Pages

    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
  • Better Essays

    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
  • Better Essays

    FedEx, formally known as Federal Express, started delivering packages and freight on April 17, 1973. The company was founded by Frederick W. Smith, a Yale University graduate. Federal Express offered overnight and second-day delivery to 25 cities in the United States. The company started in Memphis, Tennessee, and it is still in that location today. FedEx didn’t actually start showing a profit until July 1975. FedEx starting going international in the 1980s after the company purchased Tiger International and carriers in Japan and Italy. In 1989 FedEx became the first U.S. express carrier to offer direct flights to China.…

    • 3199 Words
    • 13 Pages
    Better Essays
  • Powerful Essays

    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
  • Powerful Essays

    Fedex vs Ups

    • 4116 Words
    • 17 Pages

    Fedex was formed in 1971, as the brain child of Fred Smith who started the idea of the business as a undergraduate term paper for a Yale economic class. Smith’s strategy dictated that FedEx would purchase the planes that it required to transport packages, whereas all other competitors used the cargo space available on passenger airlines. In addition to using his own places, Smiths key innovation was a hub and spoke distribution…

    • 4116 Words
    • 17 Pages
    Powerful Essays
  • Better Essays

    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
  • Satisfactory Essays

    Mg518 Week 1 Assignment

    • 545 Words
    • 3 Pages

    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
  • Satisfactory Essays

    Fedex 10-K

    • 373 Words
    • 2 Pages

    Investment Center – All four of the main business segments of FedEx would be also known as Investment Centers.…

    • 373 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Fedex vs. Ups

    • 2478 Words
    • 10 Pages

    Technological innovations such as COSMOS (Customer, Operations, Service, and Master On-line System) enabled FedEx to achieve important advances in customer ordering, package tracking, and process monitoring.…

    • 2478 Words
    • 10 Pages
    Powerful Essays
  • Good Essays

    FedEx Corporation is a market structure of an oligopoly they have control over the supply of a commodity is held by a small number of producers each of whom is able to influence prices and thus directly affect the position of competitors. The chief competitor is UPS (United Parcel Services) and both companies ship throughout the United States and have shipping to international ports.…

    • 731 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    Ups/Fedex Package Wars

    • 349 Words
    • 2 Pages

    FedEx also has many strengths which keep the company extremely competitive in the industry. FedEx is a very entrepreneurial company, fostering creativity and innovative ideas. The fostering of innovation is important in order to differentiate from competitors and offering new and improved services to customers. FedEx is also a first mover in overnight delivery, grabbing a large portion of the market. FedEx also uses their innovative technologies to surpass competitors and differentiate themselves. Furthermore, the strategic alliance with Kinko’s gives FedEx a retail presence, attracting a different customer base with different needs. This partnering expanded the services FedEx offers.…

    • 349 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    FedEx Express invented express distribution and remains the industry’s global leader, providing rapid, reliable, time-definite delivery to more than 220 countries and territories, connecting markets that comprise more than 90 percent of the world’s gross domestic product within one to three business days. Unmatched air route authorities and transportation infrastructure, combined with leading-edge information technologies, make FedEx Express the world’s largest express transportation company, providing fast and reliable services for more than 3.9 million shipments each business day.…

    • 585 Words
    • 3 Pages
    Satisfactory Essays

Related Topics