FedEx

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"Federal Express" redirects here. For the passenger train, see Federal Express (passenger
train).

"Fed Express" redirects here. For the tennis player with this nickname, see Roger Federer.
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(March 2009)

FedEx Corporation

Type Public S&P 500 Component

Industry Courier

Founded 1971 (incorporated)

1973 (began operations)

Headquarters Memphis, Tennessee, U.S.

Area served Worldwide

Key people Frederick W. Smith

(Chairman, President & CEO)

Alan Graf EVP and CFO

Robert Carter (CIO; EVP, FedEx Information Services)

Products See complete products listing.

Revenue  US$ 34 billion (2010)

Operating income  US$ 2.075 billion (2008)

 Net income  US$ 1.2 billion (2010)

Total assets  US$ 25.633 billion (2008)

Total equity  US$ 14.526 billion (2008)

Employees 280,000+ (2009)

Subsidiaries FedEx Office, FedEx Express,FedEx Ground, FedEx

Freight, FedEx Custom Critical, FedEx Supply

Chain, FedEx Trade Networks, FedEx Services

Traded as NYSE: FDX

Website FedEx.com

FedEx Corporation (NYSE: FDX), originally known as FDX Corporation, is

a logisticsservices company, based in the United States with headquarters in Memphis,
Tennessee.[1]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.
Contents
 [hide]

1 History

2 Operating units and logos

3 Political donations and

lobbying

4 Advertising

o 4.1 John Moschitta

ad

o 4.2 Motorsports

o 4.3 Football

o 4.4 Other sports
 5 See also

6 References

7 External links

[edit]History

For the history of Federal Express, see FedEx Express.

FedEx Corporation is a Delaware corporation, incorporated October 2, 1997. [2] FDX

Corporation was founded in January 1998 with the acquisition of Caliber System Inc. by
Federal Express. With the purchase of Caliber, FedEx started offering other services
besides express shipping. Caliber subsidiaries included RPS, a small-package ground
service; Roberts Express, an expedited shipping provider; Viking Freight, a regional, less
than truckload freight carrier serving the Western United States; Caribbean Transportation
Services, a provider of airfreight forwarding between the United States and the Caribbean;
and Caliber Logistics andCaliber Technology, providers of logistics and technology
solutions. FDX Corporation was founded to oversee all of the operations of those
companies and its original air division, Federal Express. [3]

In January 2000, FDX Corporation changed its name to FedEx Corporation and re-branded
all of its subsidiaries. Federal Express became FedEx Express, RPS became FedEx
Ground, Roberts Express became FedEx Custom Critical, and Caliber Logistics and
Caliber Technology were combined to make up FedEx Global Logistics. A new subsidiary
called FedEx Corporate Services was formed to centralize the sales, marketing, customer
service for all of the subsidiaries. In February 2000, FedEx acquired Tower Group
International, an international logistics company. FedEx also acquired WorldTariff, a
customs duty and tax information company, TowerGroup and WorldTariff were re-branded
to form FedEx Trade Networks.[3]

FedEx Corp. acquired privately held Kinko's Inc. in February 2004 and rebranded it FedEx
Kinko's. The acquisition was made to expand FedEx retail access to the general public.
After the acquisition, all FedEx Kinko's locations exclusively offered only FedEx shipping.
[3]
 In June 2008, FedEx announced that they would be dropping the Kinko's name from their
ship centers, with FedEx Kinko's changing to FedEx Office.[4][5]

In September 2004, FedEx acquired Parcel Direct, a parcel consolidator, and re-branded

it FedEx SmartPost.[3]

In December 2007, the Internal Revenue Service of the United States 'tentatively decided'
that FedEx Ground Division might be facing a tax liability of $319 million for 2002, due to
misclassification of its operatives as independent contractors. Reversing a 1994 decision
which allowed FedEx to classify its operatives that own their own vehicles, the IRS is
auditing the years 2003 to 2006, with a view to assessing whether similar misclassification
of operatives has taken place. FedEx denies that any irregularities in classification have
taken place, but is facing legal action from operatives claiming benefits that would have
accrued had they been classified as employees. [6]

On October 22, 2008, the Internal Revenue Service withdrew its tentative assessment of tax
and penalties for the 2002 calendar year ($319 million plus interest) against FedEx Ground
Package System, Inc. (“FedEx Ground”) relating to the classification of FedEx Ground’s
owner-operators for federal employment tax purposes.

In June 2009, FedEx began a campaign against UPS and the Teamsters union, accusing its

competitor of receiving a bailout in an advertising campaign called "brown bailout". FedEx
claims that signing the Federal Aviation Administration re-authorization bill, which would let
some of its workers unionize more easily (and, according to the Memphis-based company,
"could expose [its] customers at any time to local work stoppages that interrupt the flow of
their time-sensitive, high-value shipments”[7]), is equivalent to giving UPS a 'bailout'.
Independent observers have heavily criticized FedEx's wording, [7] claiming that it was "an
abuse of the term".[7] FedEx staff are regulated under the Railway Labor Act.[8]

[edit]Operating units and logos

FedEx is organized into operating units, each of which has its own version of the wordmark,
designed by Lindon Leader of Landor Associates, of San Francisco, California, in 1994.
[9]
 The Fed is always purple and the Ex is in a different color for each division and grey for
the overall corporation use. The original "FedEx" logo had the Ex in orange; it is now used
as the FedEx Express wordmark. The FedEx wordmark is notable for containing a hidden
right-pointing arrow in the negative space between the "E" and the "X", which was achieved
by designing a proprietary font, based on Univers and Futura, to emphasize the arrow
shape.[9]

FEDEX OPERATING COMPANIES SCAC CODES FOR FEDEX:

The Standard Carrier Alpha Code (SCAC) is a unique code used to identify transportation
companies. It is typically two to four alphabetic letters long. It was developed by
the National Motor Freight Traffic Association in the 1960s to help the transportation
industry for computerizing data and records.
FDE - FedEx Express FDEG - FedEx Ground - A package delivery company FDCC - FedEx
Custom Critical FEXF - FedEx Freight FXFE - FedEx LTL Freight East FXFW - FedEx LTL
Freight West (formerly VIKN - Viking) FXNL - FedEx Freight National (formerly Watkins)

FedEx Express Airbus A310-200

FedEx Ground delivery truck

FedEx Freight Truck

 FedEx Express (Orange "Ex"): The original overnight courier services, providing

next day air service within the United States and time-definite international service.
FedEx Express operates the second largest civil aircraft fleet in the world (after Delta Air
Lines) and the largest fleet of wide bodied civil aircraft; it also carries more freight than
any other airline.[10]
  Caribbean Transport Services: Until 2008, a part of FedEx Freight.
Provides airfreight forwarding services between the U.S. mainland, Puerto Rico,
the Dominican Republic, and other Caribbean islands.
 FedEx Ground (Green "Ex"): Guaranteed day-definite delivery within Canada and
the United States at a cost savings as compared to time-definite FedEx Express. Uses a
large fleet of trucks which are owned by the independent owner/operators and drivers
are independent contractors who control individual delivery routes and territories.
Formerly Roadway Package System (RPS).[11]
 FedEx Home Delivery: A division of FedEx Ground, specializing in
residential delivery Tuesday through Saturday and offers delivery options to provide
more flexibility for residential recipients. The logo includes a drawing of
a dog carrying a package . FedEx Home Delivery only operates in the United States.
To make up the difference, FedEx Ground in Canada performs the business
deliveries and residential deliveries.[12]
 FedEx SmartPost: Consolidates parcels from merchants such as e-
commerce and catalog companies and uses the United States Postal Service for the
final delivery. Formerly the independent company Parcel Direct until FedEx
acquired them for $120M in 2004.[13]
 FedEx Freight (Red "Ex"): Less than truckload (LTL) and other freight services. The
second largest LTL carrier in the United States, with $4.5 billion in revenue for 2008. [14]
 FedEx Custom Critical (Blue "Ex"): Delivers urgent, valuable, or hazardous
items using trucks and chartered aircraft. Freight not accepted for transport
includes perishable food,alcohol, livestock, household goods, hazardous
waste and money.[15] Drivers are independent contractors. Service in Mexico
uses interline carriers. Formerly Roberts Cartage or Roberts Express.
 FedEx Freight, Inc: Formerly American Freightways and Viking Freight.
 FedEx Freight Canada: Formerly Watkins Canada Express.
 FedEx National LTL: Formerly Watkins Motor Lines.
 FedEx Trade Networks (Yellow "Ex"): Provides services relating
to customs, insurance, and transportation advice. Formerly C.J. Tower & Sons,
then Tower Group International.
 FedEx Supply Chain Services (Grey "Ex"): Provides logistics services including
Critical Inventory Logistics, Transportation Management Services, Fulfillment Services,
etc. Formerly Roadway Logistics System, then Caliber Logistics.
 FedEx Corporate Services (Grey "Ex"): Provides
global marketing, planning and information technology (IT) services for the other FedEx
operating companies.
 FedEx TechConnect: Offering a customer service toll-free telephone line for
customer questions. It is operated by an automated operator then will prompt the user to
a live agent for uses of tracking, claims, scheduling pick-ups (Express, Ground, Same
Day, Custom Critical, Freight Express, and Freight LTL), compliments and complaints,
locations (both staffed counter locations and drop-boxes), ordering supplies, setting up
FedEx accounts, billing etc. Formerly FCIS or FedEx Customer Information Services.

FedEx Kinko's

 FedEx Office (formerly FedEx Kinko's) (Blue "Ex"): The retail arm of the corporation,
offers copying and digital printing, professional finishing, document creation, Internet
access, computer rentals, videoconferencing, signs and graphics, direct mail, Web-
based printing, and FedEx shipping. Formerly an independent company, known
as Kinko's until it was acquired by FedEx in 2004 and rebranded to FedEx Kinko's. In
June 2008 the company was finally rebranded as FedEx Office. [16]
 FedEx Office and Print Centers: Provides services such as copying,
printing, Internet access and FedEx shipping.
 FedEx Ship Centers: Provides a central location for FedEx customers to
deposit their packages for shipping, also offering a self service photocopy and fax
machine, office products for packing and shipping, boxes and packaging services.
Formerly, these locations were called FedEx World Service Centers.
 Both FedEx Office and Print Centers and Ship Centers now offer Hold at
Locations for FedEx Ground shipments for easy pick up. Transfer
to Office/Ship centers takes 1 to 2 business days (example: calling the customer
service line one day prior to pick up. This ensures package is put with proper route of
 courier that services that area). FedEx Express dispatch stations do not offer this
service.
[edit]Political donations and lobbying
According to the Center for Responsive Politics, FedEx Corp is the 21st largest campaign
contributor in the United States. The company has donated over $21 million since 1990,
45% of which went to Democrats and 55% to Republicans. Strong ties to the White House
and members of Congress allow access to international trade and tax cut rebates as well as
the rules of the business practices of the United States Postal Service. In 2001, FedEx
sealed a $9 billion deal with the USPS to transport all of the post office's overnight and
express deliveries.[17]

In 2005, FedEx was among 53 entities that contributed the maximum of $250,000 to
sponsor the second inauguration of President George W. Bush.[18][19][20]

During the first three months of 2010, FedEx spent nearly $4.9 million lobbying the federal
government (UPS, FedEx's main competitor, spent $1.6 million on lobbying over the same
period), a 4% increase from the $4.7 million spent during the last quarter of 2009, but more
than twice what it spent on lobbying during the first quarter of 2009. [21]

[edit]Advertising

This section does not cite any references or sources.

Please help improve this article by adding citations to reliable sources. Unsourced material may
be challenged andremoved. (January 2009)

Some of FedEx's best-known ad campaigns:

 “When it Absolutely, Positively has to be there overnight” – 1978–1983

 “It’s not Just a Package, It’s Your Business” – 1987–1988
 “Our Most Important Package is Yours” – 1991–1994
 “Absolutely, Positively Anytime” – 1995
 “The Way the World Works,” 1996–1998
 “Be Absolutely Sure,” 1998–2000
 “This is a Job for FedEx,” 2001–2002
 “Don’t worry, there’s a FedEx for that,” 2002–2003
 “Relax, it’s FedEx,” 2004–2008
 "We Understand," 2009–present
 "WeLiveToDeliver" 2009–present
 "Brown Bailout" 2009–present
 "The World On Time" 2009–present
[edit]John Moschitta ad

In 1981, their advertising firm Ally & Gargano hired performer John Moschitta, Jr., known for
his fast speech delivery, to do an ad for Federal Express titled "Fast Paced World". This
single commercial would be cited years later by New York as one of the most memorable
ads ever.[22]

[edit]Motorsports

 From 1997 to 2002, FedEx was the title sponsor of Champ Car World Series when it
was known as CART. The series was known as theCART FedEx Championship
Series, which led to the official "Champ Car" designation in reference to the fact they
were the FedEx Championship.
 FedEx became the sponsor of the #11 NASCAR Sprint Cup Toyota owned by Joe
Gibbs Racing in 2005. FedEx uses four (predominantly black) paint schemes to
showcase its different products (Express, Freight, Ground, and Office), and in 2005 also
ran a special scheme to promote a charity event at the FedEx St. Jude Classic golf
tournament. The car is driven by Denny Hamlin.
 FedEx previously sponsored the Formula One team McLaren. Prior to that FedEx
had sponsored Ferrari, Benetton (now Renault) and Williams F1.
 FedEx does not currently sponsor any F1 team, but does have its brand logo placed
on the McLaren crash suit collar.
[edit]Football

 From 1989 to 2010, FedEx was the title sponsor of the Orange Bowl, played
in Miami, FL.[23]
 FedExField, home of the National Football League's Washington Redskins in the
Maryland suburbs of Washington, D.C.[24]
[edit]Other sports

 FedEx sponsors FedExForum, home of the NBA's Memphis Grizzlies and

the University of Memphis men's basketball team.
 Beginning in 2007, FedEx became the title sponsor of the FedEx Cup, a
championship trophy for the PGA Tour.
[edit]