FedEx

FedEx Corporation is an American multinational courier delivery services company headquartered in Memphis, Tennessee. The name “FedEx” is a syllabic abbreviation of the name of the company’s original air division, Federal Express, which was used from 1973 until 2000.

FedEx Corp. engages in the provision of a portfolio of transportation, e-commerce, and business services. It operates through the following business segments: FedEx Express, TNT Express, FedEx Ground, FedEx Freight, and FedEx Services. The FedEx Express segment focuses on time-definite delivery across countries and territories. The TNT Express deals with international small-package ground delivery and freight transportation. The FedEx Ground segment engages in the provision of small-package ground delivery services to any business address in the United States and Canada. The FedEx Freight segment includes the provision of less-than-truckload freight services across all lengths of haul. The FedEx Services segment focuses on the provision of sales, marketing, information technology, communications, and back-office support to other companies in the FedEx Group. The company was founded by Frederick Wallace Smith on June 18, 1971 and is headquartered in Memphis, TN.