About FedEx Corporation (FDX)

Company Description:

FedEx Corporation, known for its rapid and reliable package delivery services, is a global leader in the courier industry. The company operates through several segments, including FedEx Express, FedEx Ground, FedEx Freight, and FedEx Services, each catering to different aspects of transportation, e-commerce, and business services.

FedEx was founded by Frederick W. Smith on June 18, 1971, and has its headquarters in Memphis, Tennessee, United States. It began as an express delivery company and has since expanded to a broad portfolio of transportation, e-commerce, and business services.

Main Product(s):

FedEx offers a wide array of services, including express package delivery, ground small-package delivery, less-than-truckload freight delivery, supply chain solutions, and customs brokerage services.

Short History of FedEx Corporation:

• June 1971 – FedEx was founded by Frederick W. Smith.
• April 1973 – Officially began operations with 14 small aircraft from Memphis International Airport.
• 1980s – Introduced a system to track packages and provide real-time updates.
• 1989 – Acquired Flying Tiger Line to expand global services.
• 2000 – Launched FedEx Home Delivery service.
• 2004 – Acquired Kinko’s, later rebranded as FedEx Office.
• 2016 – Acquired TNT Express, significantly expanding global reach.
• 2020s – Invested in alternative energy vehicles and sustainable technologies.