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Fedex
The Express Transportation Company: FedEx
By: Aniket Goswami - 121106

History
FedEx Corporation (FedEx) traces back to 1971 when Frederick Smith established FDX, later to become FedEx, in Arkansas.
FDX installed Cosmos, a centralized computer system, in 1979, to manage vehicles, people, packages, routes, and weather scenarios on a real-time basis.

1984-1998: Gelco Express International, Caliber System : Acquisition

FDX Corporation was renamed FedEx Corporation in 2000.

Business Description
FedEx Corporation (FedEx) provides transportation, e-commerce, and business support & logistics services.
The company operates its business through four main segments:
FedEx Express:
FedEx Express, one of the largest express transportation companies, makes packages and freight deliveries throughout the US and to 220 countries worldwide. FedEx Express offers time-bound delivery for documents, packages, and freight.
Products:
Documents, packages transportation
International trade services
Customs brokerage
Cargo distribution
Advisory services
FedEx Ground:
FedEx Ground Package Systems (FedEx Ground) specializes in small-package shipping, offering business-to-business delivery or convenient residential service through FedEx Home Delivery and FedEx SmartPost.
FedEx Ground operates a multiple hub-and-spoke sorting and distribution system consisting of over 500 pickup/delivery stations facilities and 33 ground hubs. It operates 9,189 dropoff locations with a ground fleet of more than 29,000 motorized vehicles. FedEx Ground has an average daily volume of more than 3.5 million packages.
Products:
Small-package delivery
Sorting and linehaul services
FedEx Freight:
The FedEx Freight provides less-than-truckload (LTL) freight services. This segment also includes FedEx Custom Critical service, which provides a time-specific freight-shipping services throughout the US, Canada, and Mexico.
Products:
Less-than-truckload (LTL) freight services


References: & Bibliography: 1) http://www.marketline.com, Company Profile : FedEx Corporation, Market Line, REFERENCE CODE: 3FB515C6-44D5-4A30-BC7E-556271B4A308, PUBLICATION DATE: 11 Jul 2012 2) http://www.fedex.com 3) http://en.wikipedia.org/wiki/FedEx
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