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FedEx Corporation
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The Federal Express was a passenger train operated on the Poughkeepsie Bridge Route.
FedEx Corporation
Type Public (NYSE: FDX (http://www.nyse.com/about/listed/lcddata.html?ticker=FDX))
Founded Memphis, Tennessee (1971)
Location Memphis, Tennessee
Key people Frederick W. Smith, President/CEO
Alan B. Graf Jr., EVP/CFO
T. Michael Glenn, EVP/Marketing
Industry Air Courier
Products See complete products listing.
Revenue image:green up.png$24.710 billion USD (2004)
Website www.fedex.com
FedEx (NYSE: FDX (http://www.nyse.com/about/listed/lcddata.html?ticker=FDX)), properly FedEx Corporation, is a company that offers overnight courier, ground, heavy freight, document copying and logistics services. FedEx is a portmanteau of the company's original name, Federal Express
Contents [showhide]
1 History
2 Operating Units and its logos
3 Other facts of interest
4 Naming rights of sports stadiums and events
5 External links
[edit]
History
The company was founded as Federal Express in 1971 by former U.S. Marine Frederick W. Smith in Memphis, Tennessee, and began operations in 1973. The name was chosen to symbolize a national marketplace, and help in obtaining government contracts. The company, the first cargo airline to use jet airplanes for its services, expanded greatly after the deregulation of the cargo airlines sector. Federal Express pioneered use of the spoke-hub distribution paradigm in air freight, which enabled it to become a world leader in its field. The company operates most of its US overnight freight through its Memphis hub; thus packages from one side of your town to another might find the fastest way via Memphis.
The original Federal Express logo
In 1989 the company acquired Flying Tigers, an international cargo airline. In January 1998 Federal Express acquired Caliber System, Inc, which owned RPS, Roberts Express, Viking Freight and Caliber Logistics. It later purchased American Freightways. When these companies combined, the new organization became known as FDX Corp.
The name "FedEx" had been a popular, if unofficial, abbreviation for Federal Express for several years before the company chose it as its primary brand name in 1994. The "Federal Express" name was eliminated entirely in 2000, when FDX Corporation changed its name to FedEx Corporation.
In February 2004, FedEx bought Kinko's, an American chain that has some 1,200 stores that provide document copying and printing services, for $2.4 billion.
In its advertising, the company made famous the line "Absolutely, positively" for their overnight service; the original phrase was "When it absolutely, positively has to get there overnight." Another slogan, "Relax it's FedEx", is well recognized. For several years the company promoted the slogan "Don't panic", particularly on buttons, probably deliberately lifting it from the Hitchhiker's Guide to the Galaxy stories.
When our country was at war, the military identified the need for trucks. Trucks were very important because it was difficult to find away to transport all the supplies, troops, and food. After WW1, this brought an increase in good roads plus an expanding economy. This helped grow the trucking industry. The 1920’s were the years of innovation. The balloon tires were introduced along with the rail road’s that were established “piggy-back” service. The first mechanically refrigerated van was introduced. In 1925, there were 500,000 miles of hard surface roads in the U.S. In 1926, a fully loaded 2 ton truck was driven from New York to San Francisco in five days.
Delta Airlines was founded by C.E. Woolman, who was an agriculture extension agent. He was not as aggressive,
Wathen, J. (2013). FedEx or UPS: A Rivalry Worthy of Your Attention. The Motley Fool. Retrieved Nov 13, 2013, from http://beta.fool.com/valuemagnet/2013/07/15/fedex-or-ups-a-rivalry-worthy-of-your-attention
The company chosen for this project is the United Parcel Service (UPS). UPS was started in 1907 by Jim Casey, under the name American Messenger Company (AMC), in Seattle, Washington. In 1913, they changed their name to Merchants Parcel Delivery (MPD) when they acquired their first Model T Ford. After making their first expansion to Oakland, California, in 1919, they once again changed their name to what it is today: United Parcel Service. In 1981, UPS bought its first aircraft and in 1982, UPS obtained a portion of the Louisville Airport for use and began operations from the Louisville International Airport’s air hub ("UPS: About UPS", 2014).
The first post office in the United States was established in seventeen seventy-five, which makes it the oldest most reliable post service in history. It is a well know fact that in the beginning, this business was called the Pony Express, which began in eighteen sixty. Years later the US Post office has become the largest company that we rely on to deliver our mail. This mailing institution delivers more mail to a larger area than any other delivery service in the world. They are rendering assistance to more than one million people in North America. There are over six hundred thousand employees and in excess of thirty four thousand facilities nationwide. This institution thrives to provide customer service, available products, transport of products, and accessibility to all consumers. The United States Postal Service is a reliable, excellent, and efficient delivery service. They supply a wide variety of convenient products to help with any shipping needs consumers may have.
UPS is a cargo company based in the USA that was first founded in 1907. It has since grown into one of the largest delivery company and delivers to more than 220 countries around the world. In 1975, UPS first embarked on its international ventures by moving into Canada and Germany in the following year. As UPS began to engage in more international operations, it became clear to the company that the need for an independent and self-sustainable airline had become a serious concern. By 1988, UPS provided route network to 41 countries, extending to Asia, Europe, and America. UPS Airlines was found not long after to negate the use of commercial flights and minimize legislative requirements (UPS Pressroom, 1975).
US Airways was founded in 1937 which headquartered in Douglas. This airline is the sixth largest airline in the worldwide, which serves 198 destinations.
When the company was increasing in size and work, Roebuck could not handle the work and quit the company. Sears bought Roebuck’s half and fully owned his company again. Until he met Julius Rosenwall, he bought a dozen factories to be able to get all the products made and shipped out on time. Storekeepers were not staying in business, they were basically fighting a losing battle. Further more, Sears allied with the federal mail and delivered the packages for free, this boosted his revenue. Although the Sears company is not what it used to be, Richard Sears was a genius in retail sales and made everyones life easier with his products and delivery. One of the largest key to own a successful company is to be able to anticipate the changes and Sears defiantly knew how to appeal to every costumer in each time
The term F&I stands for Finance & Insurance. The term has its origins in the F&I office at US automobile dealerships that arranges financing for the purchase after the customer has selected the car. Dealerships profited from either adding percentage points to the finance APR from lenders (rate float), or from reselling the loans to be serviced by others once the customer had purchased the car. Once that became standard practice, in a quest for additional profits, dealerships started offering Credit Insurance products from the same office that protected the customer from having to make loan or lease payments if they were to die or become disabled. Thus, the 'Finance & Insurance' (F&I) industry was born.
Federal Express is an express transportation company, founded in 1973 by Frederick W. Smith. During his college years, he recognized that the United States was becoming a service-oriented economy and needed a reliable, overnight delivery service company. In 1965, as a undergraduate at Yale University, Smith wrote a term paper about the passenger route systems used by most airfreight shippers, which he viewed as economically inadequate. He wrote of the need for shippers to have a system designed specifically for airfreight that could accommodate time-sensitive shipments such as medicines, computer parts and electronics.
Thirdly, the company is committed to delivering superior quality of products and services. It earned a reputation of a convenient and reliable brand that offers the lowest prices, one of the fastest and lowest shipping, widest selection of goods, and many additional features with its services.
UPS was founded in 1907 as a messenger company in the United States and now
After the move, Delta began expanding its service and merging with competing airlines to eventually spread across the United States and the world. Chicago and Southern Air Lines merged with Delta in 1953, followed by Northeast Airlines in 1972, and Western Air Lines in 1987. During this expansion, Delta became the first airline to offer jet planes for passenger service when it added Douglas DC-8s to its fleet (Proctor, Machat, and Kodeta, 2010). It did not take long for Delta to embrace the jet and become an all-jet airline in 1970 with a fleet of DC-8’s that soon expanded to include DC-9’s, DC-10’s, , L-1011 Tristars, Boeing 727’s, and Boeing 747’s. In 1975, Delta expanded again, this time into cargo services with its Delta Air
DHL provides information about its new or existing services through humorous TV commercials, news paper ads, as well as advertisement inside of various magazines. DHL’s offers its services via the internet and at DHL stores located stateside/worldwide. DHL provides guaranteed, door-to-door delivery to virtually every address in the US. DHL’s uses over 400 commercial airlines to expedite packages. DHL provides time sensitive services for the next day before and 2nd day service. DHL’s provides convenient prepaid envelopes, packs, and boxes. DHL’s Smart Mail offers pick-up and sorting to postage and delivery (DHL, 2008).
DHL are the one kind portfolio of the communications which called Deutsche and the logistics which called DHL services. DHL Group provides to customers with the easiest way on how to use and standardized the products as well with the best solution and innovative to ranging from the dialog industrial supply chains from their marketing sides. DHL Express total about 488,824 of employees more than total two-hundred and twenty to provide international express mail services. It was founded in year 1969’s, DHL first delivery is a documents between Honolulu and S.Francisco. DHL Group consists of total six members of the board of management. Board of management are appointed by Supervisory Board and they take the responsibility for the company to manage the whole DHL Group