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FedEx's first van displayed at the FedEx World Headquarters For history prior to its 1997 reorganization, see FedEx Express . The company was founded in Little Rock, Arkansas , in 1971 as Federal Express Corporation by Frederick W. Smith , a graduate of Yale University .
First FedEx van on display at the world headquarters complex in Memphis, Tennessee. Federal Express' sales topped $1 billion for the first time in 1983. [14] In the same year the company introduced ZapMail, a fax service that guaranteed the delivery of up to five pages in less than two hours for $35. ZapMail would later become a huge failure ...
Kinko's corporate headquarters was in Ventura, California for many years, but in 2002, the company relocated to Galleria Tower in Dallas, Texas. In February 2004, FedEx bought Kinko's for $2.4 billion, which then became known as FedEx Kinko's Office and Print Centers. Prior to the FedEx acquisition, most Kinko's stores were open 24 hours a day.
He is the founder and chairman of FedEx Corporation, the world's largest transportation company. Smith stepped down as CEO in June 2022 and was succeeded by Raj Subramaniam. [1] He is considered one of the most successful transportation entrepreneurs in the world. He had an estimated net worth of $6.3 billion as of June 2024. [2]
FedEx Ground, a subsidiary of the FedEx Corporation, is an American ground package delivery company headquartered in Moon Township, Pennsylvania, a suburb of Pittsburgh.The company began as Roadway Package System (RPS), founded in 1985 by transportation company Roadway Services Inc., later renamed Caliber System.
FedEx Supply Chain, [3] [4] formerly known as GENCO (General Commodities Warehouse & Distribution Co.) is a major third-party logistics (3PL) provider in the United States and Canada. [5] It serves various industries, including: technology & electronics, retail & e-commerce, consumer & industrial goods, and healthcare industries.
United States-based largest private employers [1] [2]; Rank Employer Global number of employees 1: Walmart, Inc. 2,100,000 [3]: 2: Amazon.com, Inc. 1,525,000 [4]: 3 ...
In April 2015, FedEx announced its agreed intention to buy TNT Express for €4.4 billion, as it looked to expand its operations in Europe. [4] The European Commission launched an investigation into the planned acquisition [5] and on 8 January 2016, approved the deal. The transaction was completed on 25 May 2016. [6] [7]