With annual revenues of $33 billion, the company offers integrated business applications through operating companies competing collectively and managed collaboratively, under the respected FedEx brands.

[10] FedEx Express employees are regulated under the Railway Labor Act. FedEx's shares traded at over $244 per share, and its market capitalization was valued at over US$55.5 billion in October 2018. FedEx annual net income for 2018 was $4.572B, a 52.55% increase from 2017. Federal Express became FedEx Express, RPS became FedEx Ground, Roberts Express became FedEx Custom Critical, and Caliber Logistics and Caliber Technology were combined to comprise FedEx Global Logistics. Reversing a 1994 decision which allowed FedEx to classify its operatives that own their own vehicles as independent contractors, the IRS audited the years 2003 to 2006, with a view to assessing whether similar misclassification of operatives had taken place. [37] FedEx ranked No. It expanded to Europe and Asia in 1984. Register in seconds and access exclusive features. U.S. Charges Six Russian Agents for Hacking That Cost Billions, Online shopping surge leads FedEx and UPS to set limits, Earnings Reports for the Week of Oct. 19-23 (NFLX, PG, TSLA), Weekly Wrap: A justified pause with a cautious end note. FedEx Corporation (FDX) provides customers and businesses worldwide with a broad portfolio of transportation, e-commerce and business services. In 1994, Federal Express shortened its name to "FedEx" for marketing purposes, officially adopting a nickname that had been used for years. [25], In May 2019, FedEx announced the expansion of FedEx Ground U.S. operations to seven days per week during the holiday peak season. Please authenticate by going to "My account" → "Administration". Then you will be able to mark statistics as favourites and use personal statistics alerts. FedEx's shares traded at over $244 per share, and its market capitalization was valued at over US$55.5 billion in October 2018. [34], In July 2019, China accused FedEx of holding back more than 100 packages that Huawei was trying to deliver to China. Lipper shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon. Source: FactSet, Indexes: Index quotes may be real-time or delayed as per exchange requirements; refer to time stamps for information on any delays. Learn more about how Statista can support your business.

FedEx is divided into the following operating units: The Standard Carrier Alpha Code (SCAC) is a unique code used to identify transportation companies. [4], The company grew rapidly, and by 1983 had a billion dollars in revenues, a rarity for a startup company that had never taken part in mergers or acquisitions in its first decade. Shipping Information. According to the union, some members were subject to "extremely difficult conditions" at hospitals urged by government mandates due to the COVID-19 pandemic. Announces Henry J. Maier to Succeed David F. Rebholz as President and CEO for FedEx Ground |url=, one of the top contractors of the US government, Air Line Pilots Association International, National Motor Freight Traffic Association, "Connecting People and Possibilities: The History of FedEx", " The Marketing Doctor Says: FedEx Does It Again! FedEx annual/quarterly net income history and growth rate from 2006 to 2020.

Fiscal first quarter adjusted net income at FedEx jumped 60% to $1.28 billion, or $4.87 per share. Please check your download folder. This is also considered the "top-line" of the income statement. Any copying, republication or redistribution of Lipper content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of Lipper. Source: FactSet. Deliver", Federal Motor Carrier Safety Administration, Owner–Operator Independent Drivers Association, Glossary of the American trucking industry, Airline holding companies of the United States, Sierra National Forest Fire & Aviation Management, https://en.wikipedia.org/w/index.php?title=FedEx&oldid=983945896, Companies in the Dow Jones Transportation Average, Companies listed on the New York Stock Exchange, Multinational companies headquartered in the United States, Articles with dead external links from August 2020, Articles with permanently dead external links, Articles with dead external links from August 2019, Short description is different from Wikidata, Wikipedia articles with WorldCat identifiers, Creative Commons Attribution-ShareAlike License, "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, "Don’t worry, there's a FedEx for that,” 2002–2003, From 1997 to 2002, FedEx was the title sponsor of, From 1989 to 2010, FedEx was the title sponsor of the, Beginning in 2007, FedEx became the title sponsor of the, This page was last edited on 17 October 2020, at 06:14. $39 per month* [6] In June 2008, FedEx announced that they would be dropping the Kinko's name from their ship centers; FedEx Kinko's would now be called FedEx Office. (billed annually). Accessed October 20, 2020. https://www.statista.com/statistics/878581/fedex-ground-total-annual-package-volume/, FedEx. Sources: FactSet, Tullett Prebon, Commodities & Futures: Futures prices are delayed at least 10 minutes as per exchange requirements. [6], In December 2007, the U.S. Internal Revenue Service "tentatively decided" the FedEx Ground Division might be facing a tax liability of $319 million for 2002, due to misclassification of its operatives as independent contractors. Analysts expected earnings of $2.69 per share and revenue … After the acquisition, all FedEx Kinko's locations offered only FedEx shipping. Please create an employee account to be able to mark statistics as favorites. Get the latest earnings releases, 10-Qs, webcasts, stat book, and more.

FedEx Corporation is an American multinational delivery services company headquartered in Memphis, Tennessee.

[])). FedEx. Stocks: Real-time U.S. stock quotes reflect trades reported through Nasdaq only; comprehensive quotes and volume reflect trading in all markets and are delayed at least 15 minutes. Their worldwide network is served by five regions outside the U.S.: Canada; Asia Pacific (APAC); Europe; Middle East, Indian Subcontinent and Africa (MEISA); and Latin America, Caribbean (LAC). 50 in the 2018 Fortune 500 list of the largest United States corporations by total revenue. The company was founded in 1971 as Federal Express Corporation by Frederick W. Smith, a graduate of Yale Business School. In, FedEx. FDX Corporation was founded to oversee all of the operations of those companies and its original air division, Federal Express.[4]. Revenues are used for all operating expenses as well as other line items which eventually lead to the net income for the company. Bush. FedEx compete collectively as a broad portfolio of customer solutions and are managed collaboratively, under the respected FedEx brand. A company with efficient margins is able to turn revenues into the most net income. Revenue is an extremely important metric when analyzing a company. FedEx claimed 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 interrupted the flow of their time-sensitive, high-value shipments"),[10] was equivalent to giving UPS a "bailout". [6], FedEx Corp. acquired privately held Kinko's, Inc. in February 2004 and re-branded it FedEx Kinko's. In 2005, FedEx was among 53 entities that contributed the maximum of $250,000 to sponsor the second inauguration of President George W. Retail price of gasoline in the United States 1990-2019, Automotive industry worldwide - statistics & facts, Motorcycle Industry in the United States - statistics & facts, Research expert covering aviation, aircraft , rail and train manufacturing and the logistics industry, Profit from additional features with an Employee Account. The company is known for its overnight shipping service and pioneering a system that could track packages and provide real-time updates on package location, a feature that has now been implemented by most other carrier services. Compare FDX With Other Stocks ", "UPS, FedEx "Brown Bailout" battle rages on", "FedEx indicted for drug dealing. [28][29] It has been reported that FedEx refused to deliver a used Huawei phone into the US. In 2001, FedEx sealed a $9 billion deal with the USPS to transport all of the post office's overnight and express deliveries. Values have been rounded. Get the detailed quarterly/annual income statement for FedEx Corporation (FDX). He began formal operations in 1973, when he moved operations to Memphis. All rights reserved. Find out the revenue, expenses and profit or loss over the last fiscal year. Trefis. Already a subscriber? [3] FedEx is also one of the top contractors of the US government.

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