38 Facts About FedEx


FedEx Corporation, formerly Federal Express Corporation and later FDX Corporation, is an American multinational conglomerate holding company focused on transportation, e-commerce and business services based in Memphis, Tennessee.

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The name "FedEx" is a syllabic abbreviation of the name of the company's original air division, Federal Express, which was used from 1973 until 2000.

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FedEx today is best known for its air delivery service, FedEx Express, which was one of the first major shipping companies to offer overnight delivery as a flagship service.

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FedEx is one of the top contractors of the US government and assists in the transport of some United States Postal Service packages through their Air Cargo Network contract.

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FedEx's air shipping services have made its main hub at Memphis International Airport the busiest cargo airport in the world by 2020.

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FedEx drew up the company's concept in a term paper at Yale, in which he called for a system specifically designed for urgent deliveries.

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FedEx began formal operations in 1973, when he moved operations to Memphis.

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In February 2000, FedEx acquired Tower Group International, an international logistics company.

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FedEx acquired WorldTariff, a customs duty and tax information company; TowerGroup and WorldTariff were re-branded to form FedEx Trade Networks.

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In September 2004, FedEx acquired Parcel Direct, a parcel consolidator, and re-branded it FedEx SmartPost.

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In February 2016, FedEx announced the launch of FedEx Cares, a global giving platform, and committed to invest $200 million to strengthen more than 200 communities by 2020.

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In March 2018, FedEx announced the acquisition of P2P Mailing Limited, a last-mile delivery service, for £92 million to expand their portfolio.

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In June 2019, FedEx announced they would not be renewing their $850 million contract with Amazon for the company's U S domestic express delivery business.

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FedEx named Raj Subramaniam, FedEx's current president and COO, as Smith's successor.

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FedEx Express is the company's original overnight courier services, providing next day air service within the US and time-definite international service.

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FedEx Ground provides day-definite mail and package delivery to commercial locations in the US and Canada and residential locations in Canada.

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FedEx was formerly Roadway Package System, a division of Caliber System.

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FedEx Freight is the largest less-than-truckload freight carrier in the US, reporting in revenue for 2021, and operates LTL and other freight services in the US and Canada.

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FedEx bought Lakeland, Florida-based national LTL carrier Watkins Motor Lines in 2006 and renamed it FedEx National LTL.

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FedEx Logistics provides supply chain, specialty transportation, cross border e-commerce, customs brokerage, and trade management technology and services.

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FedEx Services provides corporate services to other FedEx operating companies.

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FedEx Office is the retail arm of the corporation offering print and photocopy services, business services including signage and marketing, and retail sales of FedEx shipping services.

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FedEx logo is a wordmark designed in 1994 by Lindon Leader of Landor Associates, of San Francisco.

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The FedEx wordmark is notable for containing a subliminal right-pointing arrow in the negative space between the "E" and the "X", which was achieved by designing a proprietary font, based on Univers and Futura, to emphasize the arrow shape.

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Leader believed the logo promoted FedEx as "getting from point A to point B reliably with speed and precision".

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However, in August 2016, FedEx announced that all operating units would adopt the purple and orange color logo over the next five years .

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FedEx ranked No 50 in the 2018 Fortune 500 list of the largest United States corporations by total revenue.

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In early March 2021, FedEx announced plans to make its operations carbon-neutral by 2040.

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FedEx denied that any irregularities in classification had occurred, but faced legal action from operatives claiming benefits that would have accrued had they been classified as employees.

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In June 2009, FedEx began a campaign against UPS and the Teamsters union, accusing its competitor of receiving a bailout in an advertising campaign called "Brown Bailout".

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FedEx claimed that signing the Federal Aviation Administration re-authorization bill, which would let some of its workers unionize more easily, was equivalent to giving UPS a "bailout".

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Independent observers heavily criticized FedEx's wording, claiming that it was "an abuse of the term".

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FedEx Express employees are regulated under the Railway Labor Act.

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FedEx was criticized more broadly for providing inadequate protections and sick leave during the pandemic.

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FedEx was criticized for its partnership with the National Rifle Association, which it terminated in 2018 under pressure from activists.

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The investigation stemmed from allegations by Huawei that FedEx attempted to divert the shipping route of its packages without the company's prior authorization.

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In July 2019, China accused FedEx of holding back more than 100 packages that Huawei was trying to deliver to China.

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FedEx released a statement early the next morning, saying they were "deeply saddened" by the loss of their team members.

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