Fedex Summary
Executive Summary The information in this document will cover when and how FedEx works and how they have contributed to technological advances in their line of work. After reading this document you will have a basic understanding of how they were started and how they have made technological advances to become one of the largest powerhouses in the parcel delivery service. FedEx today has become one of the largest companies not only in the United States, but in the entire world. FedEx is truly a global organization. FedEx unlike the other parcel delivery companies such as UPS or DHL focused much more on airfreight. They were the first ones to really focus on air travel for their packages. The explanation of this in the document will create an understanding of why and how they did this; and why it has made them so successful globally. The document will show how FedEx is different from the other competitors and why they are a better global company. FedEx always seems to have a competitive edge over its competitors due to its technological advances. FedEx’s use of the internet has put them over the top. Since 1994 they have seen the potential power of the internet and have used it to their full advantage ever since. The shareholders are also a huge factor for FedEx as well since it is FedEx’s goal to make sure they still give them a large share. Unlike many other companies in the recession, FedEx has not seen much negative impact from the recession in the United States. FedEx has become the leading global company in the package delivery industry.
The Basics of FedEx Knowing how and why FedEx was created is a key part to understanding the business. It has been a successful business venture for many reasons and its mission, strategy, and values are very important. Originally known as Federal Express, the company is a global courier business specializing in having small packages reaching their destination the next day as well as a major competitor of ground
The Basics of FedEx Knowing how and why FedEx was created is a key part to understanding the business. It has been a successful business venture for many reasons and its mission, strategy, and values are very important. Originally known as Federal Express, the company is a global courier business specializing in having small packages reaching their destination the next day as well as a major competitor of ground
Cited: -"History of FedEx Operating Companies | About FedEx." About FedEx. N.p., n.d. Web. 26 Nov. 2012. <http://about.van.fedex.com/fedex-opco-history>. -"Reference for Business." FedEx Corporation. N.p., n.d. Web. 26 Nov. 2012. <http://www.referenceforbusiness.com/businesses/A-F/FedEx-Corporation.html>. -“FedEx express competitors.” [Website] 26 Nov