Hist? ry/Back gr? und Thr? ugh? ut its hist? ry, FedEx has been a leader in the transp? rta ti? n and inf? r mati? n industry. In 1913 C. J. T? we & S? ns — the f? re runner? f FedEx Trade Netw? rs subsidiary FedEx Trade Netw? rs Transp? rt & Br? ker age — begins? pera ti? n as a cut? ms br? ker in Niagara Falls, N.
Y. In 1971 Federal Express C? rp? rat i? n is f? under in Little R? ck, Ark. Later, in 1973 Federal Express rel? cases? pera ti? ns t? Memphis, Tenn. ? n the first night? f c? ? us? pera ti? n, 389 Federal Express emp l? yes and 14 Dassault Fall? n jets deliver 186 packages? vern ight t? 25 U. S. cities — and the m? dean air / gr ? und express industry is b? rn.
Inc? rp? rated in 1971 by Frederick Smith, with? pera ti? ns primarily? ut? f its base in Memphis, FedEx had registered impressive gr? with. By the tenth year? f its incept i? n, FedEx revenues were $1 bill i? n, thereby making it the first American c? many t? reach the bill i? n-d? liar mark in a decade with? ut mergers? r acquis iti? ns. At the end? f 1997, its revenues were $10. 3 bill i? n (f? r further details, see FedEx 1997 Annual Rep? rt).
At the beginning? f 1998, the newly f? red h? lying c? many (FDX) was #134? n the F? r tune 500 list, and c? ? f six maj? r subsidiaries (H? ? very C? many Capsules 1998). The six c? meanies retained their names (and brand identities) under the FDX umbrella. N? wa days, FedEx C? rp? rat i? n (FedEx), pr? video a p? rt f? li? ? f transp? rta ti? n, e-c? and business services the? ugh c? meanies? pe rating independently and managed c? l lab? , under the FedEx brand. These c? meanies are included in f? ur business segments: FedEx Express, Federal Express C? rp? rat i? n (FedEx Express), an express transp? rta ti? n c? many, ? time-certain delivery within? ne t? three business days; FedEx Gr? und, FedEx Gr? und Package System, Inc. (FedEx Gr? und), a pr? video? f small-package gr? und delivery service; FedEx Freight: FedEx Freight C? rp? rat i? n (FedEx Freight), a United States pr? video? f reg i? na next-day and sec? nd-day and? na less-than-truck? ad (LTL) freight services, and FedEx Kink?’s : FedEx Kink?’s ? ff ice and Print Services, Inc. (FedEx Kink?’s ), a pr? video? f d? cement s? l uti? ns and business services.
FedEx Express? ff ers a range? f shipping services f? r delivery? f packages and freight. ? vern ight package services are backed by m? ney-back guarantees and extend t? virtually the entire United States p? pula ti? n. FedEx Express? ff ers three United States? vern ight delivery services: FedEx First? vern ight, FedEx Pri? rita? vern ight and FedEx Standard? vern ight. FedEx Same Day service is available f? r urgent shipments up t? 70 p? und’s t? virtually any United States? n.
FedEx Express als? ? ff ers express freight services t? handle the needs? f the time-definite gl? bal freight market. Internati? na express delivery with a m? ney-back guarantee is available t? m? re than 220 c? un tries and terr it? rises, with a variety? f time-definite services t? meet distinct cut? mer needs. FedEx Express als? ? ff ers an internat i? na freight service, backed by a m? ney-back guarantee, real-time tracking and advanced cut? ms clearance. Average daily v? lu me is m? re than six milli? n shipments.