FedEx Corporation is an American multinational courier delivery services company headquartered in Memphis, Tennessee. The name “FedEx” is a syllabic abbreviation of the name of the company’s original air division, Federal Express, which was used from 1973 until 2000. The company is known for its overnight shipping service and pioneering a system that could track packages and provide real-time updates on package location, a feature that has now been implemented by most other carrier services.
FedEx Corporation is an import/export company, incorporated October 2, 1997, in Delaware. FDX Corporation was founded in January 1998 with the acquisition of Caliber System Inc. by Federal Express. With the purchase of Caliber, FedEx started offering other services besides express shipping. Caliber subsidiaries included RPS, a small-package ground service; Roberts Express, an expedited shipping provider; Viking Freight, a regional, less than truckload freight carrier serving the Western United States; Caribbean Transportation Services, a provider of airfreight forwarding between the United States and the Caribbean; and Caliber Logistics and Caliber Technology, providers of logistics and technology solutions. FDX Corporation was founded to oversee all of the operations of those companies and its original air division, Federal Express.
Industry | Courier |
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Founded | 1971; 47 years ago (as Federal Express Corporation) Little Rock, Arkansas |
Founder | Frederick W. Smith |
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Major Products and Services Fedex Company formed in January 1998 and incorporated in October 2, 1997 is an American courier business. It started several other services after the purchasing of Caliber, including RPS, a ground service for small packaging, Roberts Express (a company that then provided shipping services), Viking Freight (a truckload freight carrier), Caribbean […]
Federal Express. 2. 1970s: service was measured by percentage of overnight deliveries that were made on time 3. 1980s: Fedex managers concluded that high service percentages would not sufficient in the future – To strike the best movement toward 100% customer satisfaction. (as Frederick Smith mentioned – “The first time you tolerate anything other than […]
Case background in brief Faded Corporation, known worldwide, provides customers (Individuals and businesses) with a portfolio of transportation & logistics, e-commerce and business services. With annual revenues of over $44 billion, the company offers solutions through operating companies competing together and managed collaboratively, under the Faded brand. Faded is consistently ranked among the world’s most […]
The location could not have been more appropriate. China was shaping up to be the world’s most significant market for air cargo, and Yank Yuan’s, director general of China’s General Administration of Civil Aviation, had just announced that China would be opening up its air cargo market to an even greater degree. The major global […]
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