FedEx

History

FedEx was originally known as FDX Corp. FedEx Corp. was formed in January 1998 with the acquisition of Caliber System Inc. Over the years, Fedex assimilated its companies, grew its global brands, and 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 chains, transportation, business, and related information services through focused operating companies.

FedEx maintains customer services in the highest quality manner appropriate to each market segment. FedEx strives to develop mutually rewarding relationships with its employees, partners, and suppliers.

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

Area of Operation

FedEx Businesses:

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

Broad range of services includes:

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

Key Statistics

• FedEx has assets of $24.71 billion
• FedEx made profits of $1.98 billion in 2006
• FedEx operates 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 220th in the world according to Forbes Magazine list.
• FedEx ranks 197th 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