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Fedex

Last Updated : 2021-08-04

#Fedex

FeDex

FedEx provides customers and enterprises with comprehensive services covering transportation, e-commerce and business operations. FedEx Group provides a comprehensive set of business application solutions through competing and coordinated management and operating models, with annual revenues of 32 billion U.S. dollars which ranked 263rd in the 2012 Fortune Global 500 list and ranked 245th in the 2013 Fortune Global 500 list.
More than 26,000 employees and contractors of FedEx Group pay close attention to safety issues, adhere to the highest ethical standards and professional ethics, meet the needs of customers and society to the greatest extent.
FedEx has a global air and land transportation network, and it usually takes 1-2 working days to provide fast delivery, on-time delivery and "on-time delivery guarantee".

As of May 31, 2012: 71 Airbus A300-600F35 Airbus A310-200F/300F was abolished in 2014, 4 in 2015, 8 in 2016, and 4 in 2017 .
41 Boeing 727-20021 was retired in 2013, 13 was retired in 2014, and 7 was retired in 2015.
Ten of the Boeing 757-200SF that have not yet been delivered will be put into service in 2013, replacing the Boeing 727-200.
In 2014, 27 undelivered Boeing 767-300Fs were delivered, 6 in 2015, 6 in 2016, 6 in 2017, and 6 in 2018. Will replace MD10-30.
Four undelivered Boeing 777F will be put into use in 2013, two will be put into use in 2014, two will be put into use in 2015, two will be put into use in 2016, and two will be put into use in 2017 It will be put into use in 2017, and two will be put into use in 2017. 2018. 13 additional purchase rights.
The production of 52 DC10-108s will be discontinued in 2015, 12 in 2016, 6 in 2017, and 5 in 2018.
The production of 17 DC10-303s will be discontinued in 2014, one in 2015, and production in 2018.
Among the 64 MD-11Fs, one will be discontinued in 2015, one will be discontinued in 2016, eight will be discontinued in 2017, and 26 will be discontinued in 2018.
The FedEx branch has 21 ATR72s.
Five of the 244 Cessna 208 Cargo Masters owned by the FedEx branch will be put into service in 2013.
Currently owned by a branch of FedEx, there are a total of 660 aircraft, of which 57 have not yet been delivered. Currently, it is the largest operator of A300, A310, Boeing 727, DC-10, Cessna 208 and MD-11 models.

FedEx was founded by the former U.S. Marine Corps Frederick W. Smith in Little Rock, Arkansas in 1971. However, since the Little Rock Airport authorities refused to provide facilities to the company, the founder moved FedEx to Memphis, Tennessee in 1973.
After FedEx moved to Tennessee, it served 25 cities, but encountered difficulties and suffered severe initial losses. However, a few years later, business began to improve, and the company suffered a loss for the first time in July 1975. In 1978, FedEx was officially listed.
Today, FedEx serves 3 million customers in 210 cities every day. The main competitors are DHL, UPS and USPS. FedEx is a US$96 million venture capital company that has set a single investment record in the history of the United States.
In April 2013, FedEx plans to reduce transportation capacity to and from Asia.
If FedEx fails, people will not see the unprecedented prosperity of today’s venture capital market. The venture capital market still exists, but its activity is much lower.
According to the news on April 27, 2013, FedEx recently built a second parcel processing station in the Grossbeeren district of Berlin, Germany, thereby further consolidating its market position in the region. The new processing station has 20 employees, responsible for the collection and delivery of packages, route planning and related management tasks.