FedEx Corporation is a U.S based multinational provider of courier, postal and other logistics services in most countries of the world. Its name is an abbreviation of Federal Express, which is the company’s original air division. FedEx is the world’s largest express transportation company.
FedEx operates in five segments: FedEx (providing a wide suite of transportation, e-commerce and business services), FedEx Express (offering delivery of packages and freight, as well as international trade services, namely, customs brokerage, air freight forwarding and customs clearance), FedEx Ground (delivering small packages on the ground to US and Canada), FedEx Freight (shipping bulky cargo on the ground) and FedEx Services (providing sales, marketing, information technology, communications, customer service, as well as back-office support services).
The company delivers cargo and packages to more than 220 countries around the world, ensuring the delivery of more than 3.9 million items every working day. Its major competitors are DHL International GmbH, TNT Express NV and United Parcel Service, Inc.
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