QUOTE AND NEWS
Forbes  Mar 20  Comment 
The company also beat consensus earnings per share estimates of $1.88, reporting earnings per share of $2.01, an increase of 63% year-on-year, as lower fuel costs and increase in pricing drove operating margins. However, investors reacted...
Wall Street Journal  Mar 19  Comment 
FedEx Corp. says the price it paid for third-party logistics provider GENCO Distribution System Inc. in January was $1.4 billion.
TheStreet.com  Mar 19  Comment 
NEW YORK (TheStreet) -- Shares of FedEx Corp.  are up 0.68% to $174.47 in morning trading Thursday despite Credit Suisse's price target cut to $198 from $203, while maintaining its "outperform" rating.  "We continue to expect improving...
Wall Street Journal  Mar 19  Comment 
FedEx reported quarterly earnings soared 53% as the growing payoff from the company’s restructuring efforts combined with lower fuel costs, a successful holiday season and an easier winter contributed to its bottom line.
Benzinga  Mar 18  Comment 
Logistics and transportation giant FedEx Corporation (NYSE: FDX) came out with better-than-expected third-quarter results Wednesday. The company reported an EPS of $2.01 for the quarter, higher than the $1.88 EPS estimated by analysts. However,...
Forbes  Mar 18  Comment 
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Adobe Systems, Inc. (NASD: ADBE), where a total volume of 36,960 contracts has been traded thus far today, a contract volume which is...
MarketWatch  Mar 18  Comment 
FedEx Chief Executive Fred Smith says Uber is a ‘terrific’ service, but he doesn’t see it becoming a threat in the same-day package delievery business.




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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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