FedEx

History

FedEx was originally known as FDX Corp. FedEx Corp. was formed in January 1998 with the acquisition of Caliber System Inc. FedEx over the years, assimilated its companies, grew its global brands and also became involved in a series of acquisitions. Today, FedEx Corporation is the premier provider of shipping and information services worldwide.

Mission

The mission of FedEx is to produce superior financial returns for shareowners by providing high value-added supply chain, transportation, business and related information services through focused operating companies. They want to meet customer requirements in the highest quality manner appropriate to each market segment served. FedEx strives to develop mutually rewarding relationships with its employees, partners and suppliers.

Safety is their first consideration in all operations. Corporate activities are conducted to the highest ethical and professional standards.

Area of Operation

The businesses of FedEx are:

• Supply Chain Network
• Transportation
• E-Commerce
• Business Solutions/ Business and related Information Services

The broad range of services includes:

• Package/Envelope Services
• Office/Print Services
• Freight Services
• Expedited Services
• Ship
• Track

Key Statistics

• FedEx holds assets of $24.71 billion.
• FedEx has made profits of $1.98 billion in 2006.
• FedEx operates worldwide in the United States, Asia Pacific, Canada, Europe, Middle East & Africa and Latin America-Caribbean.
• FedEx has 275,000 employees.

Organization

The organization is managed by:

• Board of Directors
• Executives
• Audit Committee
• Compensation Committee
• Nominating & Governance Committee
• Information Technology Oversight Committee

International Ranking

• FedEx ranks 220 in the world according to Forbes Magazine list.
• FedEx ranks 197 in Fortune Global 500 list.

Subsidiaries

FedEx is a worldwide network of companies. These companies are:

• FedEx Corporation
• FedEx Express
• FedEx Ground
• FedEx Freight
• FedEx Kinko’s (Office and Print Services)
• FedEx Custom Critical
• FedEx Trade Networks
• FedEx Services (Solutions and Technology)
• FedEx Global Supply Chain Services
• FedEx Customer Information Services

Recent Acquisition

FedEx was recently involved in a series of acquisitions. These are:

• In February 2000, FedEx Corp. announced the acquisition of Tower Group International.
• In March 2000, FedEx Trade Networks acquired WorldTariff.
• In February 2001, FedEx Corp. finalized the acquisition of American Freightways.
• FedEx Corp. acquired privately held Kinko's Inc. in February 2004.
• In September 2004, FedEx Corp. acquired Parcel Direct.

Headquarter Address

FedEx Corporation
942 South Shady Grove Road
Memphis, TN 38120
USA
Phone: (901) 818-7500
Fax: (901) 395-2000
Website URL: www.fedex.com