FedEx Corporation (FedEx), incorporated on October 2, 1997, provides a portfolio of transportation, e-commerce and business services through companies that compete collectively, operate independently and manage collaboratively, under the respected FedEx brand. These companies are included in four business segments: FedEx Express, Federal Express Corporation (FedEx Express), is an express transportation company, offering time-certain delivery within 1 to 3 business days and serving markets that comprise more than 90% of the world’s gross domestic product; FedEx Ground, FedEx Ground Package System, Inc. (FedEx Ground), is a provider of small-package ground delivery service; FedEx Freight, FedEx Freight Corporation, is a provider of less-than-truckload (LTL) freight services through its FedEx Freight business (regional next-day and second-day and interregional LTL freight services) and its FedEx National LTL business (long-haul LTL freight services), and FedEx Services, FedEx Corporate Services, Inc. (FedEx Services) provides sales, marketing and information technology support, as well as customer service support through FedEx Customer Information Services, Inc., primarily for the benefit of FedEx Express and FedEx Ground.
FedEx Express Segment
FedEx Express has approximately 53,500 drop-off locations (including at FedEx Kinko’s centers), 677 aircraft and 51,500 vehicles and trailers in its integrated global network. FedEx Express offers a range of shipping services for delivery of packages and freight. Overnight package services are backed by money-back guarantees and extend to the entire United States population. FedEx Express offers three United States overnight delivery services: FedEx First Overnight, FedEx Priority Overnight and FedEx Standard Overnight. FedEx SameDay service is available for urgent shipments up to 70 pounds to any United States destination. FedEx Express also offers express freight services backed by money-back guarantees