FedEx Corporation

FedEx Corporation - company drop boxes in U.S. Postal...

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FEDEX CORPORATION COMPANY PROFILE The FedEx Corporation is the number one delivery service in the world. Much of the company’s success is due to its close ties to numerous U.S. congressmen and White House officials. This relationship results from the FedEx Corporation’s history of major campaign contributing to both Democratic and Republican candidates, including supplying private jets on stand-by for politicians and lawmakers in need of rapid transportation of any sort. Just as FedEx had intended its scheme to play out, the government returned these favors by granting FedEx unrestricted access to debates concerning international trade and business standards of its prime competitor, government-owned United States Postal Service (USPS). However, in 2001, FedEx and the U.S. Postal Service made a deal. The pact gave FedEx the responsibility to distribute all of the USPS’s overnight packages and express deliveries. In return, FedEx was allowed to place
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Unformatted text preview: company drop boxes in U.S. Postal Service offices nationwide. FedExs main functions are providing customers and businesses all over the world with full access to international package shipping, simplifying and improving online business administration and management, and proving customers with a broad range of business services and assistance. FedEx and its subsidiaries have more than 275,000 employees worldwide. The FedEx Corporation is organized into a tree of sorts that includes the head corporation and its many operating companies. The leading conglomerate is the FedEx Corporation, whose responsibility it is provide tactical direction and merged financial report data for the operating companies that it oversees: FedEx Express, FedEx Ground, FedEx Freight, FedEx Office, FedEx Custom Critical, FedEx Trade Networks, FedEx SupplyChain, and FedEx Services....
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This note was uploaded on 10/05/2011 for the course ECON 101 taught by Professor Brown during the Spring '10 term at Georgia Perimeter.

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