Fedex Essay

By the end of 2003, FedEx had nearly $15.4bn in assets and net income of $830million. The company has 50000 ground vehicles, 625 aircraft, 216500 full and part time employees, and shipped more than 5.4 million packages daily UPS Found in 1907 Consolidated parcel delivery

The Federal Express (FedEx) was born as an idea for a college paper by Fredrick Smith in 1971. In the paper, he suggested using air transportation to deliver urgent packages overnight since airports tend to be not congested during that time of day, would make the transportation much faster and economical. After acquiring a share in Arkansas Aviation Sales, Fred started his package delivery business, which turned profitable by 1975 and saw a rapid growth to own 43% of the market by the early 1990s

To cater to this need, as of 2000, FedEx now operates in 210 countries managing over 10 million square feet of warehouse space worldwide. Other than globalization, there are more economic factors that affect the transportation and logistics industry, for example economic rates, fuel price

a key player in the competitive airfreight industry, just three years after beginning operations, as a direct result of its unique strategic hub system and a policy of limiting package size to under 70 pounds. By capitalizing on this strategy, FedEx was able to boost its average delivery volume in 1976 to 20,726 packages per day via its three services, Priority-One, Standard Air, and Courier Pack, compared with an average of 10,521 delivered daily the prior year. Clearly the company’s calculated

not establish their own fleet of aircraft until the early 80’s, after RPS had shook their existence and after seeing how fast Fedex’s business was growing. Being a first mover enabled Fred to start small and grow the business in line with demand. Fedex did not have to catch up to an industry incumbent since he was the one inventing the express mail airfreight business. If not, it would have called for a much greater investment and made it more difficult for him to penetrate an existing market.

FedEx 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 Italy's SAMIMA. While in 1989, they bought

Fedex and UPS Fedex also known as Federal Express is an organization that offers transportation, web based business and business administrations with the assistance of a few organizations that are working together under one brand. The organization has four business portions, for example, FedEx Express, FedEx Ground, FedEx Freight, and FedEx Services (FedEx Corporation, 2012). Mean while United Postal Services (UPS) is the world 's greatest package movement association and pioneer in giving overall

FedEx was established on June 18, 1971, founded by Fredrick W. Smith, in Little Rock, AR. FedEx is a well known American corporation that brings courier global delivery service to its customers. Having such a wide range of portfolios, FedEx has been able to incorporate many different delivery systems for maximum customer satisfactory, with the help of e-commerce, and global delivery service it is no surprise that FedEx has consecutively been ranked amongst the most admired and trusted employers.

COMMUNICATION COMPARISON FedEx vs. UPS Background: The basis of the analytical report will be comparing Fed Ex and the United Postal Service (UPS). These two companies are the top in their industry. Each company trying to achieve the role of the industry leader they constantly battle head to head combining strategy and brute force. Fed Ex was incorporated in 1971, but did not officially begin operations until April of 1973. Fed Ex started out delivering to only 25 cities and did not

FedEx’s mission statement declares that FedEx Corporation will produce superior financial returns for its shareowners by providing high value-added logistics, transportation, and related information services through focused operating companies. Customer requirements will be met in the highest quality manner appropriate to each market segment served. FedEx Corporation will strive to develop mutually rewarding relationships with its employees, partners, and suppliers. Safety will be the first consideration