Fedex

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Category: Business and Industry

Date Submitted: 05/10/2014 03:24 AM

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The organization I chose for my session long project is FedEx. The modern air/ground express industry was pioneered with the founding of Federal Express in 1971 headquartered out of Memphis, Tennessee. The corporation was created in 1998 as FDX Corporation and became FedEx Corporation in January 2000. In 2013, FedEx earned more than 44 billion dollars in revenue thanks to over 300,000 worldwide employees processing more than 10 million shipments for express, ground, freight and expedited delivery services.

FedEx provides customers and businesses worldwide with a broad assortment of transportation, e-commerce and business services. With annual revenues of $44 billion, the company offers integrated business applications through operating companies competing collectively and managed collaboratively, under the respected FedEx brand. Consistently ranked among the world's most well-regarded and trusted employers, FedEx encourages its team members to remain "absolutely, positively" focused on safety, the highest ethical and professional standards and the needs of their customers and communities.

A specific type of operation process that takes place at this company is their FedEx Express service. Their express distribution remains the industry’s global leader, providing rapid, reliable, time-definite delivery to more than 220 countries and territories, connecting markets that comprise more than 90 percent of the world’s gross domestic product in less than three business days. Unmatched air route authorities and transportation infrastructure, combined with leading-edge information technologies, make FedEx Express the world’s largest express transportation company, providing fast and reliable services for more than 3.9 million deliveries each business day. This is made possible due to their 649 aircraft fleet, operating out of 1,200 stations and 10 air express hubs at various locations like Anchorage, Alaska and the world hub in Memphis, Tennessee. Additionally, this...