QUOTE AND NEWS
Clusterstock  Nov 10  Comment 
By Nick Carey CHICAGO (Reuters) - After years of failed efforts, the Teamsters union has won a toehold in the trucking units of FedEx and Con-way and is targeting more facilities at both, potentially threatening what analysts see as a core...
Wall Street Journal  Nov 5  Comment 
FedEx said the chief executive of its freight segment, William J. Logue, will retire at the end of the year because of health concerns.
Jutia Group  Nov 5  Comment 
[Business Wire] - FedEx Office® announced today a collaboration with InnerWorkings, Inc., a leading marketing execution firm, to expand the range of professional print products available for commerc Read more on this. FedEx Corporation (FDX),...
Insurance Journal  Nov 3  Comment 
The family of the bus driver killed with nine others in a fiery collision with a FedEx truck in Northern California has filed a wrongful death lawsuit against the company. The Sacramento Bee reported that the lawsuit seeks damages, claiming...
Wall Street Journal  Nov 1  Comment 
A group of FedEx Freight drivers voted Friday to join a local Teamsters union, marking only the second time a group of the company’s U.S. drivers has done so, increasing pressure on the delivery giant.
Benzinga  Oct 31  Comment 
FedEx Express, a subsidiary of FedEx Corp. (NYSE: FDX), has formally requested assistance from the National Mediation Board (NMB) to expedite its ongoing pilot negotiations. The NMB is the U.S. governmental agency that oversees labor agreements...
Jutia Group  Oct 31  Comment 
[Business Wire] - FedEx Express, a subsidiary of FedEx Corp. , has formally requested assistance from the National Mediation Board to expedite its ongoing pilot negotiations. The NMB is the U.S. Read more on this. FedEx Corporation (FDX),...
Wall Street Journal  Oct 30  Comment 
FedEx said a union election for drivers at the company’s FedEx Freight Middletown, Pa., facility was cancelled after International Brotherhood of Teamsters withdrew its election petition.
Jutia Group  Oct 27  Comment 
[Business Wire] - MEMPHIS, Tenn.--(BUSINESSWIRE)-- FedEx is expanding solutions for global customers who need their critical deliveries to arrive as early as the start of the next business day. FedEx Express, a subsidiary ... Read more on this. ...




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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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