FedEx

FedEx Corporation
	A FedEx McDonnell Douglas DC-10, with a FedEx delivery truck in the foreground.
Trade name	FedEx
Formerly	Federal Express Corporation (1971–1997); FDX Corporation (1997–2000);
Company type	Public company
Traded as	NYSE: FDX; DJTA component; S&P 100 component; S&P 500 component;
ISIN	US31428X1063
Industry	E-commerce; Services; Transportation;
Founded	May 5, 1971 in Little Rock, Arkansas, U.S.
Founder	Frederick W. Smith
Headquarters	Memphis, Tennessee, U.S.
Number of locations	2,000 FedEx locations (2024)
Area served	Worldwide
Key people	Frederick W. Smith (executive chairman); Raj Subramaniam (president & CEO);
Services	Business services; Express delivery; Freight transportation; Logistics services;
Revenue	US$87.69 billion (2024)
Operating income	US$5.559 billion (2024)
Net income	US$4.331 billion (2024)
Total assets	US$87.01 billion (2024)
Total equity	US$27.58 billion (2024)
Number of employees	505,000 (2024)
Subsidiaries	FedEx Custom Critical; FedEx Express; FedEx Freight; FedEx Ground; FedEx Logistics; FedEx Office; FedEx Services; FedEx Supply Chain; FedEx Trade Networks;
Website	fedex.com
	Footnotes / references;

FedEx Corporation, originally known as Federal Express Corporation, is an American multinational conglomerate holding company specializing in transportation, e-commerce, and business services.^[3]^[4] The company is headquartered in Memphis, Tennessee. The name "FedEx" is a syllabic abbreviation of its original air division, Federal Express, which operated under this name from 1973 until 1994.^[5]

FedEx is best known for its air delivery service, FedEx Express, which pioneered overnight delivery as its flagship service. Over the years, the company has expanded its operations to include FedEx Ground, FedEx Office, FedEx Supply Chain, FedEx Freight, and several other services through a network of subsidiaries. These expansions have often been strategic moves to compete with its primary rival, UPS.

The company’s air shipping operations are centralized at its primary hub at Memphis International Airport, making it a critical hub for global logistics.^[6]^[7]

^ "FY 2024 Annual Report (Form 10-K)". U.S. Securities and Exchange Commission. July 15, 2024. Retrieved July 20, 2024.
^ "Company structure & facts". Archived from the original on August 18, 2021. Retrieved August 17, 2021.
^ "FedEx in Memphis" (PDF). News.Van.FedEx.com. FedEx. Archived from the original (PDF) on July 19, 2008. Retrieved February 28, 2010.
^ "FedEx (FDX)". Forbes. Archived from the original on September 15, 2021. Retrieved September 13, 2021.
^ Brett, Damian (November 3, 2023). "Top 20 Cargo Airports: Hong Kong leads the way in a tough 2022". Air Cargo News. Retrieved March 16, 2024.
^ Cite error: The named reference AboutFedEx was invoked but never defined (see the help page).
^ Cite error: The named reference :6 was invoked but never defined (see the help page).

[1] "FY 2024 Annual Report (Form 10-K)". U.S. Securities and Exchange Commission. July 15, 2024. Retrieved July 20, 2024.

[2020_10K-2] "Company structure & facts". Archived from the original on August 18, 2021. Retrieved August 17, 2021.

[3] "FedEx in Memphis" (PDF). News.Van.FedEx.com. FedEx. Archived from the original (PDF) on July 19, 2008. Retrieved February 28, 2010.

[4] "FedEx (FDX)". Forbes. Archived from the original on September 15, 2021. Retrieved September 13, 2021.

[:5-5] Brett, Damian (November 3, 2023). "Top 20 Cargo Airports: Hong Kong leads the way in a tough 2022". Air Cargo News. Retrieved March 16, 2024.

[AboutFedEx-6] Cite error: The named reference AboutFedEx was invoked but never defined (see the help page).

[:6-7] Cite error: The named reference :6 was invoked but never defined (see the help page).

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