FedEx Corp (NYSE: FDX) operates as a parent company that provides delivery, business and e-commerce services through a platform of companies under the brand FedEx.
The American firm was founded in 1997 to serve as a holding company for various FedEx firms that operate independently.
The transportation services firm was originally founded as Federal Express in 1973. It delivers freight and package services through its global integrated network across the globe.
The portfolio of transportation services include supply chain management services, ground small parcel delivery, custom brokerage services, electronic commerce solutions, less than truckload freight delivery, trade facilitation and express deliveries.
The transportation company’s Class A stocks are traded under the symbol ‘FDX’ on NYSE.
The American company reportedly claims to have approximately18 million average daily package volume that connects 99 per cent of global GDP. Its fleet of delivery vehicles include 200,000 motorized vehicles and cargo operations in over 650 airports across the globe.
It provides shipment through multiple channels and reportedly ensures on time and safe delivery. Further, the company provides scheduled pick-up services and claims to save customer’s time and effort. FedEx says that customers can access the services by creating an online account on its portal, followed by creation of shipment label and processing of pickup request.
The online delivery firm offers customizable solutions through its FedEx Ground Automation Pickup and FedEx Express. The automation system reportedly alerts about the first shipment of the day that needs to be picked up.
Further, through its FedEx Office, the American company provides printing and designing services for the following:
• Posters, Banners and Greeting cards
• Canvas prints and business cards
• Post card and invitations
• Brochures, yard signs and flyers
• Menu, photo book, calendars
The transportation firm claims to provide a free ground shipping under certain terms and conditions. Apart from FedEx Office, the company’s subsidiaries include TNT Express, FedEx Ground, FedEx Express, FedEx Supply, FedEx Global Logistics, World Tariff Ltd, and American Freightways.
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