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The company was founded in Little Rock, Arkansas, in 1971 as Federal Express Corporation by Frederick W. Smith, a graduate of Yale University.He drew up the company's concept in a term paper at Yale, in which he called for a system specifically designed for urgent deliveries.
FedEx Express is also the world's largest express transportation company. [4] A FedEx Boeing 737-800(BCF) Operated by a B-scale European Airline named ASL. The company's global "SuperHub" is located at Memphis International Airport. [5] In the United States, FedEx Express has a national hub at Indianapolis International Airport.
The company processes 358 million returns annually and more than 500K direct-to-consumer shipments daily. The company was recognized by Multichannel Merchant as a Top 3PL for 2018. [3] FedEx Supply Chain became one of the business units of a newly created operating company of FedEx - FedEx Logistics - in January 2019. FedEx Logistics was ...
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.
In the early days of FedEx, Smith had to go to great lengths to keep the company afloat. In one instance, after a crucial business loan was denied, he took the company's last $5,000 to Las Vegas and won $27,000 gambling on blackjack to cover the company's $24,000 fuel bill. It kept FedEx alive for one more week. [17]
Robert B. Carter is the current executive vice president and chief information officer for the FedEx Corporation. Carter was born in Taiwan in 1959 and he grew up in Florida . He received his Bachelor of Science degree in computer and information science from the University of Florida in 1981.
FedEx took off into business legend on April 17, 1973, when 14 Dassault Falcon 20s took off from Memphis International Airport. The successful delivery of 186 packages to 25 different cities was
According to the company, it has approximately 2,200 operating facilities. [11] With over $2 billion in revenues, the company is the 7th largest printing company in North America. [12] The company's primary competitors in the crowded North American market include The UPS Store, Office Depot/OfficeMax, AlphaGraphics, Staples, Sir Speedy, and ...