Description

FedEx Corporation, established in Memphis, Tennessee, in 1971, stands as a major global provider of transportation, e-commerce, and diverse business solutions, catering to both domestic and international markets. The company's operations are structured across several key segments: FedEx Express delivers rapid parcel and freight services, including time-critical transportation, and facilitates cross-border operations through technology and e-commerce shipping solutions. FedEx Ground specializes in reliable, day-definite package delivery services for both commercial and residential customers. FedEx Freight manages less-than-truckload (LTL) freight shipping. This segment boasted approximately 30,000 vehicles and 400 service centers as of May 31, 2022. FedEx Services supplies vital internal support functions, such as sales, marketing, information technology, communications, customer support, technical assistance, billing, collection, and other back-office administrative services. The Corporate, Other and Eliminations segment offers comprehensive supply chain management, specialized logistics, customs brokerage, international ocean and air freight forwarding, document and business services, and provides retail access for customers utilizing its package transportation offerings.