QUOTE AND NEWS
DailyFinance  Jul 18  Comment 
Kirby McInerney LLP is investigating potential claims against FedEx Corporation (“FedEx” or the “Company”) (NYSE:FDX) concerning whether the Company and its executives violated their fiduciary duties. On July 17,...
MarketWatch  Jul 18  Comment 
Parcel delivery company, facing charges of delivering drugs to customers ordering from illegal internet pharmacies, says it has no interest in violating the privacy of its customers and cannot do the job of law enforcement.
TheStreet.com  Jul 18  Comment 
NEW YORK (TheStreet) -- Drug trafficking is a serious crime and shares of FedEx shares are vulnerable following the package delivery company's disclosure that the Department of Justice filed criminal charges that the company was shipping...
TheStreet.com  Jul 18  Comment 
NEW YORK (TheStreet) -- Shares of FedEx Corp.  are down -0.92% to $150.50 in pre-market trade after the company was accused in a federal indictment of delivering prescription pain pills, sedatives, anti-anxiety drugs and other controlled...
MarketWatch  Jul 18  Comment 
FedEx said in a filing Friday that while it will defend itself vigorously, if the company is convicted of illegal activities, it is "reasonably possible" that the amount or range of loss could be "material." The Department of Justice charged the...
MarketWatch  Jul 18  Comment 
The Justice Department charges FedEx with conspiracy to distribute controlled substances for its alleged role in transporting painkillers and other prescription drugs that had been sold illegally.
Wall Street Journal  Jul 18  Comment 
The Justice Department charged FedEx with transporting prescription painkillers that the U.S. said had been sold illegally. If found guilty, FedEx faces a potential fine of at least $1.6 billion.
Reuters  Jul 17  Comment 
FedEx Corp was indicted on Thursday for shipping packages from illegal online pharmacies despite repeated warnings from U.S. drug enforcement officials, according to a court filing.
New York Times  Jul 17  Comment 
The case focuses on whether FedEx had appropriate safeguards to prevent online pharmacies from shipping drugs without prescriptions.
TheStreet.com  Jul 17  Comment 
NEW YORK (TheStreet) -- Good day traders! Today's top swing trade ideas are FedEx , Marathon Oil and Southwestern Energy . Will the Market Run Higher? Watch the Euro/U.S.Dollar Google Internet Ad Assault Still Hurting Yahoo!, Bing and Content...




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FedEx Corporation (NYSE: FDX) is a carrier service best known for offering express small package and document shipping. FedEx serves American business customers primarily but is moving rapidly into foreign markets. All but freight services are available to individuals through FedEx Office storefronts which also offer printing, photocopying, internet access, and other business-center services.

Business Overview

FedEx is the clear market leader in express shipping, nearly 49% market share by volume in the U.S. In ground shipping, it is only starting to establish itself in a market dominated by competitor UPS. In its freight businesses too, FedEx is gaining market share but its long-term success is uncertain. FedEx is placing big bets on the expanded international network it is now developing. Building out an international shipping network creates high upfront costs. FedEx's success will depend on how quickly it can attract customers to this expanded network.

Business Growth

  • Revenue: Revenue increased from $34.7 billion in 2010 to $39.3 billion in 2011.
  • Net Income: Net income increased from $1.18 billion in 2010 to $1.45 billion in 2011.[1]

FedEx and United Parcel Service, the largest package delivery company, are considered economic bellwethers. FedEx handles goods equal to 4 percent of U.S. gross domestic product and 1.5 percent of global GDP. UPS ships goods equal to 6 percent of U.S. GDP and 2 percent of global GDP.[2]

FedEx Freight (around 12-15%% of total revenues)[3]

FedEx Freight provides less-than-truckload (LTL) freight services through its FedEx Freight businesses (regional LTL freight services) and its FedEx National LTL business (long-haul LTL freight services). Forged in 2001 after FedEx acquired LTL carrier American Freightways, FedEx Freight is the company's newest line of business.

Ah, i see. Well that's not too tircky at all!"

Competition

Deutsche Post AG: A privately held company, Deutsche Post AG competes with UPS through its DHL operations. Overall, DHL-branded businesses account for more than half of the parent company's sales. However, most of Deutsche Post's sales come from outside its home country. Deutsche Post still handles the mail in Germany, delivering an average of 70 million letters per working day. In addition to traditional postal operations, the company provides mail process outsourcing at home and abroad. [4]

United States Postal Service: USPS is also not traded publicly. It is an independent government agency that relies on postage and fees to fund operations. USPS handles all kinds of mail and ships domestically and internationally. They also offer prices subsidized by the U.S government. The USPS delivers more than 200 billion pieces of mail a year (at an average of more than 650 million per day) to some 150 million addresses in the US and its territories. Though it has a monopoly on delivering the mail, the USPS faces competition for services such as package or freight delivery.[5]

United Parcel Service (UPS) : FedEx and UPS are close competitors in almost every way. FedEx offers every service offered by UPS, including freight services. UPS is the world’s largest small-package carrier, by revenue and by volume. UPS offers ground, air, and ocean freight shipping and shipping-related services. Every day, UPS ships approximately 15 million packages for businesses and individuals around the world.[6]



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