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Encyclopedia > Fed Ex Corporation
FedEx Corporation
Type Public (NYSE: FDX (http://www.nyse.com/about/listed/lcddata.html?ticker=FDX))
Founded Memphis, Tennessee (1971)
Location Memphis, Tennessee
Key people Frederick W. Smith, President/CEO
Alan B. Graf Jr., EVP/CFO
T. Michael Glenn, EVP/Marketing
Industry Air Courier
Products See complete products listing.
Revenue image:green up.png$24.710 billion USD (2004)
Website www.fedex.com

FedEx (NYSE: FDX (http://www.nyse.com/about/listed/lcddata.html?ticker=FDX)), properly FedEx Corporation, is a company that offers overnight courier, ground, heavy freight, document copying and logistics services. FedEx is a portmanteau of the company's original name, Federal Express Transparent FedEx logo, converted from eps This is a copyrighted and/or trademarked logo. ... Literally a public company is a company owned by the public. ... New York Stock Exchange (June 2003) The New York Stock Exchange (NYSE) is one of the largest stock exchanges in the world. ... Wiktionary has a definition of: Foundation This is a disambiguation page — a navigational aid which lists other pages that might otherwise share the same title. ... City nickname: The River City or The Bluff City Location in the state of Tennessee County Shelby County, Tennessee Area  - Total  - Water 763. ... 1971 is a common year starting on Friday (click for link to calendar). ... City nickname: The River City or The Bluff City Location in the state of Tennessee County Shelby County, Tennessee Area  - Total  - Water 763. ... Frederick W. Smith (1944 - ) is the founder of Federal Express, or FedEx, the largest overnight express delivery company in the United States. ... This article discusses delivery couriers; for the font see Courier (font). ... In business, revenue is the amount of money that a company actually receives from its activities, mostly from sales of products and/or services to customers. ... Green up arrow for a positive change in revenue from last fiscal year. ... The United States dollar is the official currency of the United States. ... The front page of the English Wikipedia website. ... New York Stock Exchange (June 2003) The New York Stock Exchange (NYSE) is the second largest stock exchange in the world. ... This article discusses delivery couriers; for the font see Courier (font). ... Logistics is the art and science of managing and controlling the flow of goods, energy and information. ... A portmanteau (plural: portmanteaux or portmanteaus) is a word that is formed by combining two words. ...

Contents

History

The company was founded as Federal Express in 1971 by former U.S. Marine Frederick W. Smith in Memphis, Tennessee, and began operations in 1973. The name was chosen to symbolize a national marketplace, and help in obtaining government contracts. The company, the first cargo airline to use jet airplanes for its services, expanded greatly after the deregulation of the cargo airlines sector. Federal Express pioneered use of the spoke-hub distribution paradigm in air freight, which enabled it to become a world leader in its field. The company operates most of its US overnight freight through its Memphis hub; thus packages from one side of your town to another might find the fastest way via Memphis. 1971 is a common year starting on Friday (click for link to calendar). ... United States Marine Corps Emblem The United States Marine Corps (USMC) is a branch of the United States armed forces. ... Frederick W. Smith (1944 - ) is the founder of Federal Express, or FedEx, the largest overnight express delivery company in the United States. ... City nickname: The River City or The Bluff City Location in the state of Tennessee County Shelby County, Tennessee Area  - Total  - Water 763. ... 1973 was a common year starting on Monday. ... National is the Japanese brand under which Matsushita products are sold. ... A marketplace is the space, actual or metaphorical, in which a market operates. ... A contract is any legally-enforceable promise or set of promises made by one party to another. ... In UK law, a company is an artificial legal person with a separate identity from its members. ... FedEx Airbus A300 Cargo airlines are airlines dedicated to the transportation of cargo. ... Jet aircraft are aircraft with jet engines. ... Deregulation is the process by which governments remove selected regulations on business in order to (in theory) encourage the efficient operation of markets. ... FedEx Airbus A300 Cargo airlines are airlines dedicated to the transportation of cargo. ... The Spoke-hub distribution paradigm derives its name from a bicycle wheel, which consists of a number of spokes jutting outward from a central hub. ... Wikiquote quotations related to: United States Wikinews has news related to this article: United States United States government Official website of the United States government - Gateway to governmental sites White House - Official site of the US President Senate. ... Hub may refer to the following: Look up Hub in Wiktionary, the free dictionary The center of a wheel. ...

In 1989 the company acquired Flying Tigers, an international cargo airline. In January 1998 Federal Express acquired Caliber System, Inc, which owned RPS, Roberts Express, Viking Freight and Caliber Logistics. It later purchased American Freightways. When these companies combined, the new organization became known as FDX Corp. Old Federal Express logo Source: http://www. ... 1989 is a common year starting on Sunday of the Gregorian calendar. ... Flying Tiger Line, also known as Flying Tigers, was the first scheduled cargo airline in the United States and a major passenger charter operator during the Cold War era. ... 1998 is a common year starting on Thursday of the Gregorian calendar, and was designated the International Year of the Ocean. ... Roadway Package System was a small package shipping company started by Roadway Services and headquartered in the Pittsburgh, Pennsylvania area. ... American Freightways (AF; now known as FedEx Freight East) was founded in 1982 by the late Sheridan Garrison. ...


The name "FedEx" had been a popular, if unofficial, abbreviation for Federal Express for several years before the company chose it as its primary brand name in 1994. The "Federal Express" name was eliminated entirely in 2000, when FDX Corporation changed its name to FedEx Corporation. 1994 was a common year starting on Saturday of the Gregorian calendar, and was designated the International year of the Family. ... 2000 is a leap year starting on Saturday of the Gregorian calendar. ...


In February 2004, FedEx bought Kinko's, an American chain that has some 1,200 stores that provide document copying and printing services, for $2.4 billion. Kinkos is a store that provides professional printing, copying, and binding services. ...


In its advertising, the company made famous the line "Absolutely, positively" for their overnight service; the original phrase was "When it absolutely, positively has to get there overnight." Another slogan, "Relax it's FedEx", is well recognized. For several years the company promoted the slogan "Don't panic", particularly on buttons, probably deliberately lifting it from the Hitchhiker's Guide to the Galaxy stories. Dont Panic is the advice written across the front of the fictional book The Hitchhikers Guide to the Galaxy in big, friendly letters, according to the narrator of the novel. ... For other uses of the word button, see Button (disambiguation). ... The Hitchhikers Guide to the Galaxy originated as a 1978 radio comedy series written by Douglas Adams. ...


Major competitors include DHL, UPS, and USPS. DHL Logo DHL van DHL Boeing 757 DHL was founded in 1969 by Adrian Dalsey, Larry Hillblom, and Robert Lynn, as a courier service between San Francisco and Honolulu. ... United Parcel Service, Inc. ... The United States Postal Service (USPS) is the United States government organization responsible for providing postal service in the United States, and it is generally referred to as the post office. ...


Operating Units and its logos

FedEx Express Logo
FedEx Kinko's store
A FedEx
A FedEx mailbox

FedEx is now organized into a number of operating units, each of which has its own version of the logo. In all versions, the Fed is purple. The Ex is in a different color for each division. The corporate logo uses a grey Ex. Before all of that the original FedEx logo saw the Fed in orange; it is now used as the FedEx Express logo. FedEx Express logo This is a copyrighted and/or trademarked logo. ... FedEx Express logo This is a copyrighted and/or trademarked logo. ... A typical FedEx Kinkos store, located in Culver City, California. ... A typical FedEx Kinkos store, located in Culver City, California. ... fed ex mailbox - cropped from other wiki pub dom pic File links The following pages link to this file: FedEx Corporation ... The term mailbox may refer to: The storage space used for Electronic Mail. ... Chromaticity diagram - lower right straight border is the line of purple Purple is any of a group of colors intermediate between blue and red. ... Color is an important part of the visual arts. ... Division may mean: Division (mathematics), the opposite operation to multiplication. ... This article or section should be merged with logotype A corporate logo is a component of a brand identity. ... Grey or gray is a color seen commonly in nature. ... The colour orange occurs between red and yellow in the visible spectrum at a wavelength of about 620-585 nanometres. ...

  • FedEx Express -- The original overnight courier services. Uses a large fleet of aircraft to move packages. Logo color: orange.
  • FedEx Freight -- Less than truckload (LTL) and other freight services. Logo color: red.
  • FedEx Ground -- Slower delivery times at a cost savings as compared to FedEx Express. Delivers primarily to businesses. Uses a large fleet of trucks. Formerly Roadway Package System (RPS). Logo color: green.
    • FedEx Home Delivery -- A division of FedEx Ground. Delivers to residences, offering service to virtually every address in the US. The logo is that of FedEx Ground, but often includes a drawing of a dog carrying a package.
    • FedEx SmartPost -- Consolidates parcels, formerly the independent company Parcel Direct.
  • FedEx Custom Critical -- Delivers urgent, valuable, or hazardous items using a large fleet of trucks and chartered aircraft. Formerly Roberts Cartage or Roberts Express. Logo color: blue.
    • Passport Transport -- Transports cars, especially those of high value.
  • FedEx Trade Networks -- Provides services relating to customs, insurance, and transportation advice. Formerly C.J. Tower & Sons, then Tower Group International. Logo color: yellow.
  • FedEx Supply Chain Services -- Provides logistics services. Formerly Roadway Logistics System, then Caliber Logistics. The logo color is grey, the same as the corporate logo.
  • FedEx Services -- Provides marketing and information technology (IT) services for the other FedEx divisions. The logo color is grey, the same as the corporate logo. Headquartered in Collierville, TN.
  • FedEx Kinko's Office and Print Services -- Provides a range of media services, including printing, copying, and internet access. The logo color is blue, the same as that of FedEx Custom Critical, but it also includes the name Kinko's in purple after FedEx. Formerly an independent company, it was simply known as Kinko's.

The colour orange occurs between red and yellow in the visible spectrum at a wavelength of about 620-585 nanometres. ... The Litas (monetary symbol LTL) is the official currency of Lithuania. ... Cargo is a term used to denotes goods or produce being transported generally for commercial gain, usually on a ship, plane, train or lorry. ... Red is a color at the lowest frequencies of light discernible by the human eye. ... American Freightways (AF; now known as FedEx Freight East) was founded in 1982 by the late Sheridan Garrison. ... 2003 is a common year starting on Wednesday of the Gregorian calendar. ... Wikiquote quotations related to: United States Wikinews has news related to this article: United States United States government Official website of the United States government - Gateway to governmental sites White House - Official site of the US President Senate. ... The Caribbean or the West Indies is a group of islands in the Caribbean Sea. ... Roadway Package System was a small package shipping company started by Roadway Services and headquartered in the Pittsburgh, Pennsylvania area. ... In economics, business, and accounting, a cost is a price paid, or otherwise associated with, a commercial event or economic transaction. ... Roadway Package System was a small package shipping company started by Roadway Services and headquartered in the Pittsburgh, Pennsylvania area. ... Roadway Package System was a small package shipping company started by Roadway Services and headquartered in the Pittsburgh, Pennsylvania area. ... Wiktionary has a definition of: Green Green is a colour seen commonly in nature. ... Wikiquote quotations related to: United States Wikinews has news related to this article: United States United States government Official website of the United States government - Gateway to governmental sites White House - Official site of the US President Senate. ... Roadway Package System was a small package shipping company started by Roadway Services and headquartered in the Pittsburgh, Pennsylvania area. ... Trinomial name Canis lupus familiaris The Dog is a canine carnivorous mammal that has been domesticated for at least 14,000 years and perhaps for as long as 150,000 years based on recent evidence. ... Package can refer to: a box, or such, containing something (perhaps, a present). ... Blue (from Old High German blao shining) is one of the three primary additive colors; blue light has the shortest wavelength range (about 420-490 nm) of the three primary colors. ... A small variety of cars, the most popular kind of automobile. ... Customs is the plural of custom, a common practice among a group of people, see Norm (sociology) Customs duty is a tariff or tax on the import or export of goods. ... Insurance is a system to alleviate financial losses by transferring risk of loss from one entity to another. ... Yellow is the color of light whose wavelength is between 565 nm and 590 nm, or is a mixture of red and green light that appears to be the same color. ... Logistics is the art and science of managing and controlling the flow of goods, energy and information. ... Grey or gray is a color seen commonly in nature. ... Traditionally, marketing has been a term applied to the craft of linking the producers (or potential producers) of a product or service with customers, both existing and potential. ... Categories: Information technology ... Grey or gray is a color seen commonly in nature. ... Blue (from Old High German blao shining) is one of the three primary additive colors; blue light has the shortest wavelength range (about 420-490 nm) of the three primary colors. ... Chromaticity diagram - lower right straight border is the line of purple Purple is any of a group of colors intermediate between blue and red. ... Kinkos is a store that provides professional printing, copying, and binding services. ...

Other facts of interest

As of 2001 Fedex has 667 airplanes total. They also have the world's largest fleet of wide-body aircraft, such as the DC-10 shown here.
  • The movie Cast Away, based on the story Robinson Crusoe, is about a FedEx employee who survives a plane crash and subsequently becomes stranded on an island. According to commentary on the DVD editon of the film, the use of the FedEx name was for authenticity, and not a result of product placement.
  • Chief operating officer Jim Barksdale went on to lead Netscape.
  • A common story is that Fred Smith got a C at Yale on the paper where he came up with the idea that became FedEx. In an article (http://www.fedex.com/us/about/news/ontherecord/speaker/fredsmith.pdf?link=4) he wrote for the October 2002 issue of Fortune Small Business he said that he doesn't actually know what grade he got. He said he probably didn't get a very good grade, though, because the paper was not very well thought out.
  • The company's well-known logo has a right-pointing arrow located in the negative space between the E and x. While the arrow becomes quite obvious when pointed out, most people don't notice it otherwise. The arrow has been occasionally pointed to as a mild form of subliminal advertising, the arrow symbolizing forward movement and thinking.
  • The company's planes are named after the children of employees.
  • After Federal Express became known as FedEx and subsequently diversified its operations, it called the original service FedEx Express. Since "FedEx" derives from "Federal Express", this means that "FedEx Express" could be expanded to "Federal Express Express" - a pleonasm.
  • Jeopardy! superchampion Ken Jennings incorrectly asked "What is FedEx?" to the Final Jeopardy! answer: "Most of this firm's 70,000 seasonal white-collar employees work only four months a year." ending his 74-game winning streak. The correct response was "What is H&R Block?," which led to Nancy Zerg's surprise upset.

Download high resolution version (1024x768, 75 KB) Wikipedia does not have an article with this exact name. ... Download high resolution version (1024x768, 75 KB) Wikipedia does not have an article with this exact name. ... 2001 is a common year starting on Monday of the Gregorian calendar, and also: The International Year of the Volunteer The United Nations Year of Dialogue Among Civilizations Events January January 1 - A black monolith measuring approximately nine feet tall appears in Seattles Magnuson Park, placed by an anonymous... Fixed-wing aircraft is a term used to refer to what are more commonly known as aeroplanes in Commonwealth English (excluding Canada) or airplanes in North American English. ... Fleet can refer to several things: Two or more motor vehicles owned by a company A group of ships: Fishing fleet Naval fleet, such as US 1st Fleet also known as the US Coast Guard US 2nd Fleet US 3rd Fleet US 5th Fleet US 6th Fleet US 7th Fleet... Wide-body Virgin Atlantic Airbus A340-300 A wide-body aircraft is a large airliner with a fuselage diameter of about 6 metres and twin aisles. ... Biman Bangladesh Airlines McDonnell Douglas DC-10 The McDonnell Douglas DC-10 is a three-engined long-range airliner, with two engines mounted on underwing pylons and a third engine at the base of the vertical stabilizer. ... Cast Away is a 2000 film by 20th Century Fox and DreamWorks about a FedEx employee who is stranded on a deserted island after his plane crashes somewhere in the South Pacific. ... Robinson Crusoe is a novel by Daniel Defoe, first published in 1719 and sometimes regarded as the first novel in English. ... Product placement is a promotional tactic used by marketers in which characters in a fictional play, movie, television series, or book use a real commercial product. ... Jim Barksdale was the president and CEO of Netscape Communications Corporation from January 1995 until the company merged with AOL in March 1999. ... Netscape Communications Corporation was the publisher of the Netscape Navigator web browser as well as many other internet and intranet client and server software products. ... This article is about the institution of higher learning in the United States. ... 2002 is a common year starting on Tuesday of the Gregorian calendar. ... Categories: Magazines stubs | Time Warner subsidiaries | Business magazines ... This is an article about the projectile; see Arrow (disambiguation) for other meanings. ... A subliminal message is a signal or message designed to pass below (sub) the normal limits of perception. ... Pleonasm is the use of more words than necessary to express an idea. ... Ken Jennings on Jeopardy!. Kenneth Wayne Jennings III (born May 23, 1974) holds the record for the longest winning streak and the most money won on the syndicated game show Jeopardy!, as well as other records. ... Jeopardy! is a popular international television game show, originally devised by Merv Griffin, who also devised Wheel of Fortune. ... H&R Block (NYSE: HRB) is a tax preparation and personal finance management company founded by brothers Henry W. and Richard Bloch in Kansas City in 1955 (they changed the name of the company to prevent mispronounciation). ...

Naming rights of sports stadiums and events

FedEx Field is located in Landover, Maryland. ... Landover is an area of Prince Georges County in the State of Maryland in the United States of America. ... Conference NFC Division East Founded 1932 Home Field FedEx Field City Landover, Maryland Colors Burgundy and gold Head Coach Joe Gibbs All-Time Record (W-L-T) (At Start of 2005 Season) 527-477-27 The Washington Redskins are a National Football League team whose team headquarters is based in... The National Football League (NFL) is the largest and most popular professional American football league, consisting of thirty-two teams from American cities. ... FedExForum is a sports venue officially opened in September of 2004. ... The Memphis Grizzlies are a National Basketball Association team based in Memphis, Tennessee. ... NBA logo The National Basketball Association of the United States and Canada, commonly known as the NBA, is the premier professional basketball league in North America. ... The University of Memphis was founded in Memphis, TN in 1912 as the West Tennessee Normal School. ... The FedEx St. ... The PGA Tour is an organization which is headquartered in Ponte Vedra Beach, Florida, USA. It operates the USAs main professional golf tours. ...

External links


  Results from FactBites:
 
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