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 

05 Jun 2019
Merging FedEx’s Ground and Express networks would allow the company to cut costs while creating billions in shareholder value, SJ Consulting Group president Satish Jindel writes in JOC.com's The Industry Speaks series.
21 Mar 2019
Shippers should be on the lookout for increases in trucking and parcel accessorial charges as freight rates come under increasing pressure.
20 Mar 2019
Higher volumes of lighter weight, short-distance e-commerce packages sap revenue and yield at FedEx Express, which also expects slower growth in international trade.
A US Postal Service truck.
17 Dec 2018
The presidential task force on US Postal Service reform has focused on an important aspect of its business model, but unfortunately it has missed an opportunity to make a change that would truly make a difference for the Postal Service.
US Postal Service, Oregon, United States.
27 Nov 2018
Even after a 2019 rate increase for first class mail, the US Postal Service remains a bargain, compared with rates for other national postal services in the developed world. And there’s additional good news regarding parcel select service rates.
FedEx trucks.
01 May 2018
FedEx Corp. has tapped John A. Smith to run its FedEx Freight division as president effective Aug. 16, succeeding the retiring Michael Ducker. Smith, 56, has been with FedEx since 2000 but is unrelated to the company’s founder Fred Smith.
20 Dec 2017
While handling record volumes this holiday season, FedEx is speeding efforts to integrate TNT Express into a ‘hardened’ information technology infrastructure following last June’s cyberattack.
27 Oct 2017
Third-quarter earnings reports reveal across-the-board increases in transportation rates, with little sign pressure will ease soon.
19 Sep 2017
Higher base rates boosted revenue, but a cyber attack and hurricane helped depress profit at FedEx this summer. The transport operator plans across-the-board rate hikes.