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Home > Fortune 500 Companies > Fedex Corp
Fedex Corp
FedEx Corp. was formed in January 1998 with the acquisition of Caliber System Inc. FedEx began building its international network early on with FedEx Express and today that network is unsurpassed, providing access to more than 220 countries and territories worldwide.
FedEx provides access to a growing global marketplace through a network of supply chain, transportation, business and related information services. FedEx Corporation provides transportation, e-commerce and business services worldwide. The company operates in four segments like as FedEx Express, FedEx Ground, FedEx Freight, and FedEx Kinko’s.
FedEx Express segment offers a range of shipping services for the delivery of packages, documents, and freight. FedEx Ground segment provides small-package ground delivery services. It specializes in the consolidation and delivery of high volumes of low-weight, less time-sensitive business to consumer packages using the U.S. Postal Service for final delivery to residences.
FedEx Kinko’s segment provides document management solutions, facilities management, and other business services. Its global network of digitally-connected locations offer access to technology for black and white and color copying, printing, finishing and presentation services, signs and graphics, Internet access, videoconferencing, Web-based printing, document management solutions and global express shipping services.
FedEx airlifted 90,000 pounds of American Red Cross relief supplies to Houston on September 2. FedEx Custom Critical Launches New Time-Definite Service also it Enhances Online Shipping Toolkit. FedEx Corp. common stock can be bought or sold through a stockbroker, bank or financial institution that offers brokerage services.
FedEx Shares can also be purchased through the EquiServe Investment Plan for FedEx Corporation, an alternative to traditional retail brokerage methods of purchasing, holding and selling FedEx Corp. common stock. Federal Express Corporation's initial public offering was on April 12, 1978 at 24.00 dollars per share. The ticker symbol FDX is now used by FedEx Corp., the holding company for Federal Express Corp., FedEx Ground, FedEx Freight, FedEx Custom Critical and FedEx Trade Networks.
The senior unsecured debt of FedEx Corp. and FedEx Express is rated BBB by Standard & Poors and Baa2 by Moody's. Its long term contains grow benefits by 10 percent per year, achieve 10 percent operating margin, Increase EPS by 10percent-15 percent per year, Increase cash flow and returns. Also plan grow core package business.
FedEx Corporation provides strategic leadership and consolidated financial reporting for the FedEx family of companies, managing a broad portfolio of transportation, e-commerce and business services.
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