FedEx

FedEx Corporation is an American multinational courier delivery services company. It was founded as Federal Express by Frederick W. Smith in 1971 and began operations in 1973. The company is headquartered in Memphis, Tennessee, and operates a global network that serves more than 220 countries and territories. FedEx became known for its overnight air-express service and pioneered a hub-and-spoke network centered on its Memphis hub, enabling time-definite deliveries.

FedEx is organized into several units: FedEx Express (air express), FedEx Ground (ground delivery), FedEx Freight (less-than-truckload freight), FedEx Services (information technology, sales, and support), FedEx Office (retail printing and shipping), and FedEx Logistics (freight forwarding and supply-chain services). The parent company, FedEx Corporation, trades as FDX on the New York Stock Exchange and is part of the Dow Jones Transportation Average. In 2016, FedEx acquired TNT Express to expand its European network, with integration completed over the following years.

FedEx operates a hub-and-spoke network and maintains a large fleet of aircraft and automated sorting facilities, centered on Memphis International Airport. The company emphasizes reliable, time-definite delivery services and supports a broad range of e-commerce and business-to-business logistics activities.

FedEx is a major participant in global logistics and faces competition from United Parcel Service (UPS), DHL, and other regional carriers. It pursues sustainability initiatives, including a Path to Net Zero by 2040, and investments in fuel-efficient aircraft, electric vehicles, and other low-emission technologies to reduce environmental impact.