Fedex Company Profile - 2085 Words

FEDERAL EXPRESS BRIEF BACKGROUND[1] Owned by Frederick W. Smith, the company was incorporated in June 1971 and officially began operations on April 17, 1973, with the launch of 14 small aircraft from Memphis International Airport. It soon entered its maturing phase in the first half of the 1980s and grown to become the largest operating company in the FedEx family, handling about 3.2 million packages and documents every business day. During the fiscal year 2006, it netted a revenue of $21.4 billion (includes FedEx Trade Networks) and is currently employing more than 139,000 employees worldwide, serving in more than 220 countries and territories and 375 airports worldwide. David Bronczek is the current President and CEO of the†¦show more content†¦In FedEx’s case, they were caught off guard by UPS when the latter usedits internally generated technology skills to offer e-tailers a multitude of shipping options and prices. Although both firms help customer better utilise information to track and ship inventory, UPS is pulling ahead of FedEx (Haddad amp; Ewing 2000). Rising fuel prices could also severely impact upon the company’s net income. PESTLE ANALYSIS POLITICAL This aspect of the external environment affects the company in the same way that the legal aspect affects it. Laws and regulations effected within the transportation and logistics industry are dependent on the political environment which formulates such laws and regulations. The contemporary political environment is shown supportive of such technological advances in the industry under discussion to the extent that it has given impetus to the growth that the industry is experiencing now. Governmental policies and laws affect where and how companies may choose to compete, and deregulation and local government changes, such as those in the global transportation industry, affect not only the general competitive environment, but also the strategic decisions made by firms competingShow MoreRelatedFedex Company Profile1609 Words   |  7 PagesI. Company Profile 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 servingRead MoreEssay on Fedex Company Profile746 Words   |  3 PagesFedEx is a leading global provider of transportation, e-commerce and supply chain management services. FedEx companies offer following services: worldwide express delivery, ground small-package delivery, less-then-truckload freight delivery, global logistics and customs brokerage. Other services include trade facilitation and electronic commerce solutions. All of the above services are provided through a portfolio of operating companies: Federal Express Corporation (world largest expressRead MoreFedex Overview1274 Words   |  6 PagesFedEx is the world s largest express delivery, ground small-parcel delivery, less-than-truckload freight delivery, supply chain management, customs brokerage, trade facilitation and e-commerce solutions company with more than 145,000 employee s worldwide and delivering more than 3.2 million packages daily. They command a fleet of 634 aircraft and more than 42,500 vehicles. FedEx offers various international packages and document delivery services to 214 countries, as well as international freightRead MoreThe Components Of The Integrated System1502 Words   |  7 Pagesqualitatively and quantitatively .FedEx is a large company and it has to maintain customer information, handle bills of lading, distribute tracking numbers, and cost to appropriate departments and double check each shipping labels. During maintenance of customer information the way the things occur are as follows. When a shipment is made every time there has to be an update done frequently in order to maintain the records. Shipping labels should be completed when you open up a profile. When a faster shipmentRead MoreTaking a Look at the FedEx Corporation974 Words   |  4 PagesFedEx Corporation provides customers and businesses worldwide with a broad portfolio of transportation, business services and e-commerce. FedEx was founded in August, 1971. It started to operate on 17 April, 1973 with the launch of 14 small aircrafts from Memphis International Airport. Federal Express officially adopted FedEx as its primary brand in 1994. In the late 1980s, FedEx expanded internationally. In 1988, they bought 3 Japanese freight carriers and Italys SAMIMA. While in 1989, they boughtRead MoreFedex Express Logistics, Transportation, And Related Business Services Essay800 Words   |  4 PagesFedEx provides logistics, transportation, and related business services through focused operating companies, also known as business units (FedEx, 2016). Further, FedEx provides a broad portfolio of transportation, e-commerce and business services through companies competing collectively, operating independently and managed collaboratively, under the respected FedEx brand (Parnell, 2014). Notably, it operates in four distinct business units: FedEx Express, FedEx Ground, FedEx Freight and FedEx ServicesRead MoreOverview of FedEx Corporation920 Words   |  4 PagesThe Fortune 500 service company that I am going to write about is FedEx Corporation, which sits at number 70 on the list. FedEx is a logistics company with a number of di fferent divisions. These include overnight courier services (Express), ground delivery services (Ground) and office services (Office), along with smaller divisions dedicated to customs paperwork and other logistics services. FedEx operates in over one hundred countries worldwide. These include the United States, Canada, the PeoplesRead MoreAirborne Case1485 Words   |  6 Pages------------------------------------------------- Airborne Express Case 1. How has Airborne survived, and recently prospered in its industry? Please address why you think it was difficult for bigger competitors such as FedEx to imitate Airborne’s strategy. Although Airborne does not get the publicity that FedEx and UPS get, they have managed to remain the third largest player in the express mail industry. One unique aspect that has helped Airborne maintain a leading position in the industry is their ownershipRead MoreOperations Management Essay examples1459 Words   |  6 PagesNAME: MITCH B. MENDEZ DATE: NOV. 26, 2015 CASE STUDY: ALDI 1. How does ALDI’S strategy lead to competitive advantage? How does the company achieve this strategy? *   A competitive advantage  is one that distinguishes a firm or a business from the competitors in the minds of the customers. It also refers to the state or ​condition that make a ​business  more ​successful  than the ​businesses  it is ​competing  with, or a particular thingRead MoreE Commerce Business At The Golfing Industry, While Being Cost Effective For The Client741 Words   |  3 Pagesfollowing profiles are the companies that will best suit Mr. Kirby and his staff’s needs, and will better facilitate the integration of an e-commerce business with a brick-and-mortar site. E-Business Tools in Today’s Market ï  ¶ Web Host One company that is a best options is GoDaddy.com. This web hosting agent offers multiple application interfaces and will customize the site to meet a client needs. I spoke with Daniel on March 1, 2016 to obtain a quote for services to determine whether this company can