What is FedEx? FedEx Review

FedEx Corporation provides comprehensive transportation, e-commerce and business services to customers and businesses around the world. It is an international express delivery group that provides overnight express, ground express, heavy cargo delivery, document copying and logistics services. It is headquartered in Tennessee, USA, and is currently one of the largest express delivery companies in the world.

Headquarters

Global headquarters: Memphis, Tennessee, USA.

Asia headquarters: Hong Kong.

China Business Area Headquarters: Shanghai, China.

Canadian Headquarters: Toronto, Ontario, Canada.

Europe: Brussels, Belgium.

Latin America: Miami, Florida, United States.

FedEx LOGO

FedEx's brand logo is a combination of the company's original English name, Federal Express. The space between the "E" and the "x" next to it just forms a white (background) arrow pattern:

About FedEx

FedEx Corp. has an annual revenue of $58 billion. Its multiple companies compete together and are all managed under the well-known "FedEx" brand, committed to providing comprehensive business application solutions. FedEx Corp. has been repeatedly selected as the world's most respected and trusted employer. Its more than 400,000 team members all have an "absolute, positive" attitude, adhere to the most stringent safety, ethical and professional standards, and meet the needs of customers and communities.

FedEx Express is one of the world's largest express delivery companies, dedicated to providing fast and reliable express delivery services to more than 220 countries and regions around the world. FedEx uses a global air and land transportation network to ensure that time-sensitive shipments can be delivered quickly before the specified date and time, and has a "on-time delivery guarantee".

FedEx currently operates the world's largest cargo fleet. In terms of fleet size, it is the world's fifth largest airline and the largest operator of A300, A310, Boeing 757, ATR 42, Cessna 208, McDonnell Douglas DC-10/MD-10, and McDonnell Douglas MD-11 aircraft.

Department Classification

1. FedEx Express: provides delivery and shipping services for all types of packages and goods; international trade services, professional customs declaration and sea and air freight forwarding services; international trade consulting services; customs clearance services; tariff services; supply chain solutions (including: key inventory logistics, transportation management, low-temperature transportation services, etc.).

2. FedEx Ground: Provides ground package delivery services with a money-back guarantee for companies and individuals; provides large-scale delivery of light packages that are not time-sensitive (such as bank statements, telecommunications statements, etc.).

3. FedEx Freight

4. FedEx Services: Provides sales, marketing, information technology, communications, customer service, and back-office support services; web-enabled mobile devices (which allow customers to track the status of their packages and obtain and access drop-off location information); computer rentals, ground transportation and on-time express services, copying and digital printing; packaging services; packaging supplies and boxes.

Pros and Cons

1. Advantages: The prices to Central and South America and Europe are more competitive, while the shipping costs to other regions are more expensive. The website information is updated quickly, the network coverage is complete, and the query response is fast.

2. Disadvantages: The price is relatively expensive, the volume and weight of the product need to be considered, and the restrictions on checked items are also relatively strict.

When to choose FedEx

1. Shipping large and heavy packages (over 2 pounds) that do not fit within the USPS flat rate schedule requirements.

2. Reliability and morning delivery are very important to the user's business.

FedEx Important Development History

-Founded in 1971 in Little Rock, Arkansas by former U.S. Marine Frederick W. Smith.

-In 1973, FedEx relocated to Memphis, Tennessee, after Little Rock airport officials refused to provide the company with facilities.

-In July 1975, the company turned a profit for the first time.

-In 1978, FedEx officially went public.

-In September 1997, FedEx launched its first global cargo flight.

-In 2001, after nearly 30 years of continuous development, FedEx finally became one of the world's top 500 companies.

-In 2003, FedEx announced the acquisition of Kinko's, which was completed in February 2004. Kinko's was later renamed "FedEx Kinko's".

-In 2008, FedEx abandoned the "FedEx Kinko's" brand and changed its name to FedEx Office.

-On April 7, 2015, FedEx acquired TNT Express NV of the Netherlands for 4.4 billion euros (about 4.8 billion U.S. dollars) at 8 euros per share in cash to expand its European business.

FedEx's development history in China

-In 1984, FedEx acquired Gelco Express, which had offices in Europe and Asia; FedEx began express delivery business in China and Japan.

-In 1990, FedEx began to carry out express delivery business in Taiwan.

-In 1992, the Asia Pacific headquarters was moved to Hong Kong.

-In 1994, it became the first express delivery company to be electronically connected to the Chinese Customs; it began to fly in and out of China with its own cargo aircraft via weekly flights to Beijing and Shanghai.

-In 1995, we started freight business to and from China.

-In 1996, it was approved for direct mail business between the United States and China.

-In 1997, the number of flights between China, the United States and Central Asia increased to four per week; the FedEx Express Transshipment Center was established at Taiwan's Chiang Kai-shek International Airport (now renamed Taoyuan International Airport) (CKS) to carry out express delivery business.

-In 1998, the service coverage in China increased to 111 cities; FedEx began to conduct express delivery business through the FedEx dedicated express sorting center established in the Asia Airfreight Center of Hong Kong International Airport.

-In 1999, Shenzhen, China was connected to the AsiaOne network; an agreement was signed with Shenzhen Airport (Group) Company to open flights to Shenzhen Airport; FedEx and Tianjin Datian Group established a joint venture, Datian-FedEx Co., Ltd.; FedEx's service coverage in China increased to 144 cities.

-In 2000, service coverage in China increased to 190 cities; two giant pandas were transported from China to the Smithsonian National Zoo in Washington, D.C.

-In 2001, the Daejeon-FedEx Express facility was put into use. The facility is located in the Shanghai Customs International Express Supervision Center at Shanghai Pudong International Airport; service coverage in China increased to 198 cities.

-In 2002, the company expanded its facilities at Taipei Taoyuan International Airport to 8,700 square meters; it became the first and only international carrier to offer a "On-Time Delivery Guarantee" to customers in mainland China.

-In 2003, China was established as an independent region centered in Shanghai to provide Chinese customers with more focused and responsive services; the industry's first direct flight from southern China to North America was opened; two giant pandas were transported from China to the Memphis Zoo in Tennessee, USA.

-In 2004, the U.S. Department of Transportation (DOT) approved the addition of 12 flights to China and the establishment of the China headquarters in Shanghai.

-In 2005, plans were announced to build a new Asia-Pacific hub at Guangzhou Baiyun International Airport in southern China; the industry's first direct next-day flight from China to India was launched, which, as part of the global eastbound route, connects Europe, India, China and Japan through FedEx's U.S. hub in Memphis.

-In 2006, FedEx officially broke ground on its Asia-Pacific transshipment center at Guangzhou Baiyun International Airport; FedEx and DTW Group signed an agreement to acquire DTW Group's 50% stake in the joint venture, DTW-FedEx Express Co., Ltd., as well as DTW Group's domestic express network in China.

-In 2007, it announced the launch of a next-day domestic delivery service in China, which was quickly expanded to more than 30 Chinese cities and provided date-specified delivery services to more than 200 cities and towns across China.

-In 2008, as an important measure to celebrate the first anniversary of the launch of domestic services in China, FedEx provided next-early delivery services to nine major cities in China and extended the cut-off time in the Yangtze River Delta, Pearl River Delta, Beijing and Tianjin regions; in December, FedEx successfully conducted its first flight operation test at its new Asia-Pacific transit center in Guangzhou (a southern Chinese city) and announced the time for the new transit center to be put into use.

-On February 6, 2009, the new Asia-Pacific transshipment center located at Guangzhou Baiyun International Airport (a southern Chinese city) was officially put into use; in June, FedEx established a customer service center in Wuhan, China; introduced next-day delivery service, connecting the express delivery network between mainland China, Hong Kong, Singapore, France and Germany; in March and May, extended cut-off and shortened delivery time services were provided in the Pearl River Delta region respectively; starting from October, FedEx's international inbound express service in Shanghai, China was upgraded.

-In 2010, FedEx launched the domestic delivery service in China from January 4, providing more economical and less time-consuming services. However, FedEx did not lower customer expectations and always provided customers with reliable services.

-In March 2011, a new FedEx Express station covering an area of ​​2,230 square meters was established in Suzhou, China; in June, a strategic cooperation memorandum was signed with Shanghai Airport (Group) Co., Ltd.; in September, the largest FedEx Express station was opened in Shanghai to meet the growing local customer demand and package volume.

-In 2012, the company signed an agreement with Shanghai Airport Authority (SAA) to build a new FedEx Shanghai International Express and Cargo Center in China, which is expected to be put into use in 2017; and added a Boeing 777 direct cargo flight between Taipei and the FedEx International Transshipment Center (Memphis, USA).

-In 2013, we completed the expansion of our port operation center at Beijing Capital International Airport, further enhancing our international cargo handling capabilities to meet the growing needs of customers in North China.

-In 2015, a series of "one-stop" cold chain solutions were launched in mainland China, which can benefit customers whose goods need refrigerated transportation.

-In 2016, FedEx Customized Priority (FCF) was launched in mainland China in January and Thailand in August respectively.