Fedex corporation

OUTLINE I INTRODUCTION 2 II FOUNDING 2 III GROWTH 2 IV RECENT DEVELOPMENTS 3 FDX Corporation I INTRODUCTION FDX Corporation, holding company for Federal Express Corporation and other businesses that provide rapid delivery of packages, letters, and other shipments within the United States and worldwide. Federal Express Corporation, also called FedEx, virtually invented the overnight-delivery industry, and within ten years rose from a startup operation to a $1 billion company. FDX Corporation's other subsidiaries include RPS, a business-to-business ground package …

…its World Wide Web site, allowing customers to enter shipment information and access details on the status of their shipments. The following year the company announced it would begin offering three-day delivery service within the United States, a move aimed at increasing its competitiveness with UPS in lower-cost, ground-based delivery services. In 1998 Federal Express Corporation acquired Caliber Systems, a freight company that operated a variety of delivery services, and formed the holding company FDX Corporation.