Fed-ex Case Analysis

1125 Words5 Pages
Individual Case Analysis: FedEx Table of Contents: Synopsis_________________3 Update Information_______4 Case Challenges__________5-7 Works Cited_____________8 Synopsis FedEx, formally known as Federal Express, started delivering packages and freight on April 17, 1973. The company was founded by Frederick W. Smith, a Yale University graduate. Federal Express offered overnight and second-day delivery to 22 major cities in the United States. The company started in Memphis, TN, and it is still in that location today. FedEx didn’t actually start showing a profit until July 1975. FedEx starting going international in the 1980s after the company purchased Tiger International and carriers in Japan and Italy. In 1989 FedEx became the first U.S. express carrier to offer direct flights to China. With advancements in technology around the world, FedEx had the task to keep up with the changes. In 1996 FedEx introduced internet-based shipping. FedEx calls this program interNetShip. When UPS had a strike in 1997 850,000 packages a day came to FedEx, thus another boost in revenues for the company. The name “FedEx” didn’t come about until the year 2000. Now FedEx has expanded into several other markets that mainly deal with logistics. They have formed somewhat of a partnership with the U.S. postal service. FedEx has made available air transportation for express postal shipments. In return, the U.S. Postal Service now allows FedEx to place drop-off boxes in significant locations. Another noteworthy move by FedEx occurred in 2004 when they purchased Kinko’s in order to better serve small businesses. Update Information In 2006 FedEx introduced FedEx Supply Chain Services to provide transportation and supply-chain logistics to help customers maximize earnings and minimize costs (FedEx). Supply chain management is a

More about Fed-ex Case Analysis

Open Document