FedEx

FedEx

FedEx planes at hub

FedEx Corp. is an American global courier delivery services company headquartered in Memphis that provides customers and businesses worldwide with a broad portfolio of transportation, e-commerce and business services. It provides strategic direction and consolidated financial reporting for the operating companies that compete collectively under the FedEx name worldwide: FedEx Express, FedEx Ground, FedEx Freight, FedEx Office, FedEx Custom Critical, FedEx Trade Networks, FedEx Supply Chain Solutions and FedEx Services.

Federal Express, now FedEx Express, first began operations in 1973, with the delivery of 186 packages to 25 U.S cities, and today it has the world’s largest all-cargo air fleet.

FedEx reported its net profit in the third quarter of fiscal year 2014, ending Feb. 28, 2014, was $378 million, increasing 5 percent year-over-year from $361 million.

FedEx founder Frederick W. Smith, the company’s president, chairman and CEO, delivered the keynote at the JOC’s 14th annual TPM conference in Long Beach, Calif., in March 2014:

Frederick W. Smith 

27 Aug 2014
A U.S. appellate court panel ruled that as many as 2,300 FedEx Ground drivers in California and Oregon were employees, not independent contractors, when they worked for the package delivery company in the last decade.
17 Jan 2014
UPS today proved there’s no such thing as free online shipping. The parcel giant lowered its earnings expectation for the full year to $4.57 a share from a previous prediction of $4.65 to $4.85 a share, citing the unexpected surge in last-minute online shopping orders in a compressed holiday peak season.
FedEx 777F
18 Dec 2013
Benefiting from an improving economy, strong e-commerce sales, and profit initiatives launched last year, FedEx raised both bottom and top lines in its latest quarter. The second-largest U.S. transport company expects even better from 2014.
FedEx and DHL vans.
22 Nov 2013
UPS, DHL Express and FedEx have published new rates for 2014.
Holiday shopping season approaching.
30 Oct 2013
A shorter holiday shopping period and a consumer shift towards e-commerce may be the drivers behind U.S.-based courier delivery companies’ predictions for...
Image for "Captain Phillips"
18 Oct 2013
When “Captain Phillips,” Hollywood’s take on the April 2009 hijacking by Somali pirates on the Maersk Alabama, debuted on Oct. 11, it thrust the ocean shipping industry into the mainstream spotlight in a way no recent film has. But it’s certainly not the first film to do so, and it won’t be the last.
FedEx Express
19 Sep 2013
FedEx reported its net income in the first quarter of fiscal year 2014, ending Aug. 31, 2013, was $489 million, increasing 7 percent year-over-year from $459 million.