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About
FedEx Corp. engages in the provision of a portfolio of transportation, e-commerce, and business services. It operates through the following business segments: FedEx Express, TNT Express, FedEx Ground, FedEx Freight, and FedEx Services. The FedEx Express segment focuses on time-definite delivery across countries and territories. The TNT Express deals with international small-package ground delivery and freight transportation. The FedEx Ground segment engages in the provision of small-package ground delivery services to any business address in the United States and Canada. The FedEx Freight segment includes the provision of less-than-truckload freight services across all lengths of haul. The FedEx Services segment focuses on the provision of sales, marketing, information technology, communications, and back-office support to other companies in the FedEx Group. The company was founded by Frederick Wallace Smith on June 18, 1971 and is headquartered in Memphis, TN. | |||
Description
FedEx Corporation provides transportation, e-commerce, and business services in the United States and internationally. The company's FedEx Express segment provides various shipping services for the delivery of packages and freight; international trade services specializing in customs brokerage, and ocean and air freight forwarding services; assistance with the customs-trade partnership against terrorism program; and customs clearance services, as well as an information tool that allows customers to track and manage imports. This segment also publishes customs duty and tax information; and offers critical inventory logistics, transportation management, and temperature-controlled transportation services, as well as international express transportation, small-package ground delivery, and freight transportation services. Its FedEx Ground segment provides business and residential money-back guaranteed ground package delivery services; and consolidates and delivers low-weight and less time-sensitive business-to-consumer packages, as well as offers third-party logistics services. The company's FedEx Freight segment offers less-than-truckload freight, and freight-shipping services. As of May 31, 2016, this segment operated approximately 65,000 vehicles and trailers from a network of approximately 370 service centers. Its FedEx Services segment provides sale, marketing, information technology, communication, customer, technical support, billing and collection, and other back-office support services; FedEx Mobile, a suite of solutions to track packages, create shipping labels, view account-specific rate quotes, and access drop-off location information; access to copying and digital printing through retail and Web-based platforms, signs and graphics, professional finishing, computer rentals, and ground shipping and time-definite express shipping services; and packing services, supplies, and boxes. The company was founded in 1971 and is based in Memphis, Tennessee. |