Fedex : The Largest Global Shipping And Solutions Corporations

2219 Words Apr 7th, 2016 9 Pages
FedEx is one of the largest global shipping and solutions corporations in the World. FedEx has more than 300,000 employees all of which whom provide services to consumers along with businesses globally. FedEx is broken down into several kinds of operating systems, which include FedEx Freight, FedEx Express and FedEx Ground. All of which serve different purposes on how they are able to deliver products to its consumers. The headquarters of FedEx is located in Memphis, Tennessee. The location of the headquarters was quite strategic as Memphis is considered a central point within the United States. Since most of the shipping is through use of a plane they are only a couple of miles away from Memphis International Airport, which is almost never closed due to bad weather. When FedEx officially began their company in 1973, there were only 389 employees. It wasn’t until two years later when the company finally started to profit and that began the long road of showing the World that they are a primary carrier of shipping goods in the market place. Although UPS had already been established decades before FedEx in the early twentieth century the express shipping competition quickly took off. Originally starting with small aircrafts the company took a huge turn in 1977 when FedEx lobbied for air cargo deregulation that eventually got legislated. FedEx was soon able to use bigger aircrafts, which enabled them to ship more products to more locations. FedEx was growing so fast at this…
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