FedEx Corporation

FedEx Corporation is a global logistics and transportation giant headquartered in Memphis, Tennessee, United States. It is the world’s largest express transportation company and the sixth-largest air cargo carrier in the world - the company operates in more than 220 countries and territories around the world. FedEx provides a variety of transportation, e-commerce, and business services across its divisions: FedEx Express, FedEx Ground, FedEx Freight, and FedEx Services.

FedEx Express, the company’s global express delivery arm, is responsible for the majority of its international shipments. Through its express delivery services, FedEx offers same-day, overnight, and freight delivery of goods. Additionally, the company provides small-package ground delivery, time-critical transportation services, and cross-border enablement, technology, and e-commerce transportation solutions. This segment also offers integrated supply chain management solutions, specialty transportation, customs brokerage, and global ocean and air freight forwarding services.

FedEx Ground is the company’s domestic ground transportation arm. It provides day-certain delivery of goods to businesses and residences. FedEx Freight is the company’s less-than-truckload (LTL) freight transportation arm. The company has approximately 30,000 vehicles and 400 service centers located across the United States and Canada.

FedEx Services is a large arm of the corporation, which provides sales, marketing, information technology, communications and customer service, technical support, billing and collection, and back-office support services. This arm of the company integrates both the Express and Ground arms of the business and centralizes access to tracking, rating, shipping, and other services available across the entire FedEx network.

FedEx Corporation was founded in 1971 by Fred Smith, who is still the chairman and CEO of the company. Over the years, the company has acquired several other companies, including Caliber System Inc., Kinko’s and TNT Express, to further strengthen its operations. In 2020, the company generated $69 billion in revenue, making it one of the most profitable companies in the world.