Business Analysis: FedEx

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Recommended: Brief introduction of FedEx

The company I decided to do my course project on was Fed-Ex. This corporation was incorporated on October 2, 1997. Fed-Ex provides many services such as, FedEx Express, FedEx Ground, FedEx Freight and FedEx services. FedEx Express offers a certain time of delivery within one-three business days. However, FedEx ground focuses on residential and business deliveries with packages weighing up to 150 pounds. Furthermore, FedEx Freight provides service to virtually all United States ZIP Codes (including Alaska and Hawaii). And finally, FedEx Services provides other companies with many sales, markets, informational technology and customer service. FedEx has ben providing their employees with many benefits until the economy went into recession. FedEx became the latest company in 2008 to announce their cut back on employees 401k in order for the company to save money. FedEx announced that employees will be taking a 5 percent pay cut and their top manager will be receiving a 7.5-20 percent pay cut, with no pay raises for the following year. Through this tragic decision that FedEx Corporation has imposed on their workers they are saving approximately $200 million through their remainder fiscal year and approximately $600 million in the following year. Workers were very upset about these decisions because they were not notified first. FedEx is committed to providing outstanding customer experience, to being a great place to work, a thoughtful steward of the environment and a caring citizen in the communities where we live and work. At FedEx, we are passionate about sustainably connecting people and places and improving the quality of life around the world.

To begin with, FedEx corporation workforce has over 290,000 team members employed. ...

... middle of paper ...

...w.businessweek.com/news/2010-06-25/

delta-fedex-lose-ruling-over-union-organizing-update1-.html

FedEx Ground – “High turnover rate a result of poor and strenuous working conditions” . (n.d.). Retrieved February/March, 2011, from http://www.glassdoor.com/Reviews/Employee-Review-FedEx-Ground-RVW190839.htm

The lawsuit FedEx wishes never would see the light of day. (2007, January).

Retrieved from bloomberg website: http://www.glgroup.com/News/

The-lawsuit-FedEx-wishes-never-would-see-the-light-of-day-15196.html

Mission, Strategy, Values Fed Ex. (n.d.). Retrieved March/April, 2011, from

http://about.van.fedex.com/our_company/company_information/mission_statement

Padden, L. (n.d.). FedEx posts higher earnings; cuts costs. Retrieved March/

April, 2011, from http://money.cnn.com/2008/12/18/news/companies/FedEx/

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