Manufacturing & Construction

FedEx Corporation

Company Profile Analysis

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FedEx Corporation - Manufacturing & Construction showcase

Year Founded & Workforce

1970-12-31

249,000 Employees

Industry

Manufacturing & Construction

Services

F

FedEx Corporation Overview

Company Headquarters: US

Founded: 1971

Workforce: ~249,000

Company Working: FedEx Corporation provides a portfolio of transportation, e-commerce, and business services through companies competing collectively and operating independently, under the FedEx brand. The Company's segments include FedEx Express, FedEx Ground, FedEx Freight, and FedEx Services. The FedEx Express segment offers a range of United States domestic and international shipping services for the delivery of packages and freight. The FedEx Ground segment provides small-package ground delivery services, which include day-certain service to any business address in the United States and Canada, as well as residential delivery services through its FedEx Home Delivery service. The FedEx Freight segment offers less-than-truckload (LTL) freight services. The FedEx Services segment provides sales, marketing, information technology, communications, customer service, technical support, billing and collection services, and certain back-office functions that support the Company's operating segments.

Strategy

FedEx aims to become a leader in providing transportation and e-commerce services to individuals and businesses. It also aims to grow its core package business, expand internationally, increase its supply chain capabilities, grow its e-commerce & technology, and form new service alliances to grow its business. For instance, the company announced the launch of its SameDay Bot, which is a small vehicle that can travel independently along sidewalks and roadsides, helping retailers make same-day and last-mile deliveries to customers.

Company Snapshot

$69.69M

Revenue

249,000

Employees

1970-12-31

Founded

US

Headquarters

SWOT Analysis

Strengths

  • Robust operational network
  • Wide geographic presence
  • Significant industry experience
  • Established presence in the North American market
  • Strong operational network strengthens business
  • Focus on technology

Weaknesses

  • Dependent on North America
  • Highly dependent on the US market
  • Geographic Concentration
  • Increase in liabilities

Opportunities

  • Scope for acquisitions to expand business operations
  • Strategic initiatives to boost growth
  • Expansions in emerging markets
  • Transportation industry in US

Threats

  • Fluctuation in fuel prices
  • Increasing cost of labor in the US
  • Foreign currency exchange risks
  • Competition from companies such as United Parcel Service of America, Inc. and Amazon
  • Foreign exchange risks could impact international operations
  • Cost of labor in US could impact business

Key Developments

DateApproachDevelopment
ExpansionFedEx Express, a subsidiary of FedEx, expanded in the Gulf Cooperation Council (GCC) countries, strategizing to have a direct presence in the Sultanate of Oman. This strategic expansion provides customers with access to international coverage to and from more than 220 countries and territories, a stronger customer care support system, and a more extensive service portfolio, connecting businesses to new markets and customers across the globe.
Contract and AgreementFedEx Express, a subsidiary of FedEx (NYSE: FDX), appointed SAB Express (SAB) as the global service provider for its international services, connecting Saudi Arabia with more than 220 countries and territories
October 2019CollaborationFedEx collaborated with Wing Aviation LLC to conduct residential drone delivery trials in the US. The trials were a part of the US Department of Transportation’s Unmanned Aircraft Systems Integration Pilot Program (IPP).
September 2019CollaborationFedEx collaborated with Wing Aviation LLC, a subsidiary of Alphabet and Walgreen Co., to launch a drone delivery service in Christiansburg, Virginia, US., in October 2019.
February 2019Product LaunchFedEx launched the FedEx SameDay Bot, an autonomous delivery device that assists retailers in making same-day and last-mile deliveries to customers. The launch of the product enabled the company to strengthen its position in the autonomous delivery market.
July 2019PartnerhsipFedEx Corp. and RushMyPassport made a partnership to offer expedited U.S. passport services in US to travelers starting from summer of 2019.

Product Offering

  • FedEx Corporation
    • Logistics
    • Global Visa and Passport Market

Financial Performance

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About the Author

Wantstats Research Team

Wantstats' research desk profiles FedEx Corporation as part of our ongoing coverage of the Manufacturing & Construction sector, drawing on public company data, filings, and market intelligence.

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Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.
Noah Malgeri
Noah Malgeri

Co-Founder, Mojave Rail Fabrication Limited

This is really good guys. Excellent work on a tight deadline. I will continue to use you going forward and recommend you to others. Nice job.
Michael Robert

Manager, JavolVision

Thanks, I am so happy that we worked together. Maybe we still can work together in the future.
Joseph Aguayo
Joseph Aguayo

Sales Operations & Pricing Manager, Intel

Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.
Bong Lau

Sales Leader, Bamberg

We bought your "2025 report" in 2020. Everything is fine and very good.
Peter Groot Koerkamp
Peter Groot Koerkamp

Account and Business Manager, EFS-Holland BV

Thanks for sending the report it gives us a good global view of the Betaïne market.
Younghwan Choi
Younghwan Choi

Senior Retail Manager, LG Chem

We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.
Mark Irwin

Management Consultant, Level 21

I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.
Rob Kooiker

Group Product Manager HVAC & Fire Protection GMA, Rockwool

I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
Jason Lee

R&D Director, Seojin

Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.

FedEx Corporation

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