What is FedEx? FedEx Review

Headquarters

Global headquarters: Tennessee, USA

Asia Headquarters: Hong Kong

Canadian Headquarters: Toronto, Ontario, Canada

European headquarters: Brussels, Belgium

Latin America Headquarters: Miami, Florida, USA

LOGO

FedEx was formed by merging the company's original English name, Federal Express. The "E" in its logo and the "x" next to it just form a reversed arrow pattern.

Department Classification

1. FedEx Express, the federal express delivery division, provides delivery and shipping services for all types of packages and goods; international trade services, professional customs declaration and ocean and air freight forwarding services; international trade consulting services; customs clearance services; tariff services; supply chain solutions (including: key inventory logistics, transportation management, low-temperature transportation services, etc.). 2. FedEx Ground, the ground service division, provides companies and individuals with a refund-guaranteed ground package delivery service; and provides large-scale delivery of light packages that are not time-sensitive (such as: bank statements, telecommunications statements, etc.).

3. FedEx Freight

4. FedEx Services, the federal services division, provides sales, marketing, information technology, communications, customer service, and back-office support services; web-enabled mobile devices (which allow customers to track the status of their packages and obtain and access drop-off location information); computer rentals, ground transportation and on-time courier services, copying and digital printing; packaging services; packaging supplies and boxes.

Express delivery service

The express delivery service in the United States is very similar to UPS, with same-day, second-day, 2-3-day and Ground's 1-7-day delivery. In terms of international express delivery, FedEx has one more item than UPS, FedEx International Mail Service, which is suitable for small items of clothing, books and audio-visual products, and can be delivered in 4-7 days or 7-11 days, and the price is relatively cheaper.

When to choose FedEx

Shipping large, heavy packages (over 2 lbs) that do not fit within the USPS flat rate schedule requirements.

Reliability and morning deliveries are important to your business.

Pros and Cons

Advantages: Prices to Central and South America and Europe are competitive, but shipping to other regions is more expensive. Website information is updated quickly, network coverage is comprehensive, and query responses are fast.

Disadvantages: It is more expensive, the volume and weight of the product need to be considered, and the restrictions on checked items are also strict.

Historical Development

Founded in 1971 by Frederick W. Smith in Little Rock, Arkansas.

In 1972, he moved to Memphis, Tennessee.

In 1973, after obtaining venture capital, Fred Smith purchased 33 Dassault Hawk aircraft.

FedEx went public in 1978.

By 1988, FedEx had provided overnight express services to 90 countries and regions around the world.

In 1995, FedEx obtained the right to operate cargo planes directly to China.

In September 1997, FedEx launched its first global cargo flight.

In 2001, after nearly 30 years of continuous development, FedEx finally became one of the world's top 500 companies.

In October 2001, FedEx's express delivery processing center at Shanghai Pudong International Airport (the largest express delivery processing center in China) was officially put into operation.

On June 3, 2002, FedEx (China) Co., Ltd. announced that in the next five years, FedEx will add 100 outlets to its 202 outlets in China.

In September 2002, FedEx upgraded its express delivery services between Asia Pacific and Europe to use MD-11 cargo aircraft.

In 2003, FedEx acquired Kinko's.

On April 27, 2013, FedEx built a second package processing station in the Grossbeeren district of Berlin, Germany, further strengthening the company's market position in the region.

On December 16, 2014, FedEx agreed to acquire reverse logistics company Genco.

In 2015, FedEx acquired Dutch Express to expand its European business.