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_N319FE_(cn_47820-317)_(4196174034).jpg) A FedEx McDonnell Douglas DC-10, with a FedEx delivery truck in the foreground. | |
| FedEx | |
| Formerly |
|
| Company type | Public |
| ISIN | US31428X1063 |
| Industry | |
| Founded | May 5, 1971 in Little Rock, Arkansas, U.S. |
| Founder | Frederick W. Smith |
| Headquarters | , U.S. |
Number of locations | 2,000 FedEx locations (2024) |
Area served | Worldwide |
Key people |
|
| Services | |
| Revenue |  US$87.69 billion (2024) |
 US$5.559 billion (2024) | |
| US$4.331 billion (2024) | |
| Total assets | US$87.01 billion (2024) |
| Total equity | US$27.58 billion (2024) |
Number of employees | 505,000 (2024) |
| Subsidiaries |
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| Website | www |
| Footnotes / references [1][2] | |
FedEx Corporation, originally known as Federal Express Corporation, is an American multinational conglomerate holding company specializing in transportation, e-commerce, and business services.[3] [4]The company is headquartered in Memphis, Tennessee. The name "FedEx" is a syllabic abbreviation of its original air division, Federal Express, which operated under this name from 1973 until 2000.[5][6]
FedEx is best known for its air delivery service, FedEx Express, which pioneered overnight delivery as its flagship service. Over the years, the company has expanded its operations to include FedEx Ground, FedEx Office (formerly Kinko's), FedEx Supply Chain, FedEx Freight, and several other services through a network of subsidiaries. These expansions have often been strategic moves to compete with its primary rival, UPS. Additionally, FedEx supports the United States Postal Service (USPS) by transporting packages through its Air Cargo Network contract.[5][6]
The company’s air shipping operations are centralized at its primary hub at Memphis International Airport, making it a critical hub for global logistics.[7][8]
- ^ "FY 2024 Annual Report (Form 10-K)". U.S. Securities and Exchange Commission. July 15, 2024. Retrieved July 20, 2024.
- ^ "Company structure & facts". Archived from the original on August 18, 2021. Retrieved August 17, 2021.
- ^ "FedEx in Memphis" (PDF). News.Van.FedEx.com. FedEx. Archived from the original (PDF) on July 19, 2008. Retrieved February 28, 2010.
- ^ "FedEx (FDX)". Forbes. Archived from the original on September 15, 2021. Retrieved September 13, 2021.
- ^ a b "Postal Service & FedEx renew contract". USPS. Archived from the original on January 11, 2022. Retrieved January 11, 2022.
- ^ a b Brett, Damian (November 3, 2023). "Top 20 Cargo Airports: Hong Kong leads the way in a tough 2022". Air Cargo News. Retrieved March 16, 2024.
- ^ Cite error: The named reference
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