About FedEx
FedEx is one of the most popular courier services provider companies in the world. It was established in 1971 by Frederick W. Smith and was known as Federal Express at the time. The company was the result of a term paper written by Smith during his time at Yale. His paper outlined several problems faced by the logistics industry, especially with time-sensitive shipments, and proposed a solution which later became FedEx. FedEx became fully operational in the spring of 1973 with a workforce of 389 people and 14 commercial aircraft. FedEx was soon the poster child of fast deliveries and went on to expand to surface shipping, freight, services, logistics and more. By 1984, FedEx had entered foreign markets in Europe and Asia, with regular flights to European destinations starting in the year that followed.
As FedEx spread its international presence it began acquiring carriers and with Tiger International’s integration, it became the world’s largest cargo-only commercial airline in the world. This was followed by another major event a decade later when it famously adopted the name “FedEx”. FedEx is one of the world’s largest logistics companies with operations spanning more than 220 countries and territories around the world. It made $69 billion dollars in revenue in the year 2020 and claims to connect almost 99% of the world’s Gross Domestic Product (GDP). FedEx handles an average volume of 12.5 million packages every single day through its Express, Ground and Freight arms. It employs more than 600,000 people worldwide under its six subsidiaries and parent operations. It owns 650 aircraft operating out of 650+ airports around the world to provide Express deliveries globally.
FedEx also owns more than 200,000 motor vehicles to deliver packages and help support its 0n-ground infrastructure. It owns and operates 13 air shipping and 39 surface operations hubs as well as 600+ ground shipping facilities. FedEx receives over 100 million monthly visitors and 400 million daily tracking requests on its website. FedEx operates through its six subsidiaries which handle different aspects of the logistics process. It provides air cargo services and overnight, time-definite, delivery services through FedEx Express which operates the largest fleet of wide-body commercial cargo-only aircraft and one of the largest overall aircraft fleets in the world. Its surface operations are handled by FedEx Ground which manages a large number of trucks to provide time-sensitive and affordable surface delivery solutions.
FedEx allows businesses to track their orders and extend such capabilities to their customers by providing an advanced shipment tracking system that can be used to know the location of a package using a unique tracking ID. Apart from these, it offers freight and several logistics services as well as dedicated eCommerce solutions for companies. For eCommerce companies, FedEx offers several services including order shipping and fulfillment, custom and branded packaging, platform integrations and more. It also offers value-added design and printing solutions to companies allowing them to create customized business cards, manuals, menus, presentations.
In its 50 years of operations, FedEx has been recognized as one of the market leaders in the shipping label and logistics industry. Today, it is one of the most popular choices for eCommerce companies around the world to ship products. Its presence in both the B2C and B2B sectors has allowed it to create a unique logistics network that spans across continents, industries, and scales. Since internet penetration has increased significantly over the last 2 decades, FedEx has supported several eCommerce businesses in reaching their customers through a suite of tailored solutions for these online sellers. ClickPost has a courier API integration with FedEx and allows eCommerce companies to go live with FedEx in just 1 day.
