FedEx

FedEx Corporation
FedEx
Formerly
  • Federal Express Corporation (1971–1997)
  • FDX Corporation (1997–2000)
Company typePublic company
ISINUS31428X1063
Industry
FoundedMay 5, 1971 (1971-05-05) in Little Rock, Arkansas, U.S.
FounderFrederick W. Smith
Headquarters,
U.S.
Number of locations
2,000 FedEx locations (2024)
Area served
Worldwide
Key people
Services
Revenue US$87.69 billion (2024)
US$5.559 billion (2024)
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
Websitefedex.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. 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.

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.