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Fedex Is International Company

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Submitted By pinghim
Words 1533
Pages 7
Introduction

With the impact of globalization, international business transactions are busy than before century. The transactions method in goods are not only limited to the traditional. Especially the e-commerce are bring out the brand new transaction method to buyer and seller. They don’t need the entity shop for transaction. They can through the e-commerce platform such as e-bay or Tao Bao to do the business.

Due to e-commerce rise up, the need of logistic business are increase. As an important part of logistics industry, the express industry has benefited the most from economic development and grown into a booming industry. Big profit return, huge potential as well as lower market entry barriers attract enterprises within the same industry and the outside ones. Bright perspectives drive the competitors, including state-owned enterprises, private enterprises and foreign enterprises, into a fierce competition.

This article mainly discuss three logistics service providers: FedEx (USA), Maersk Line (Denmark) and Shun Feng Express (China)

Federal Express Corporation (FedEx)
Background:

Federal Express Corporation (FedEx) is an international express delivery group, providing overnight courier, ground courier, heavy cargo , file copying and logistics services . The headquartered in Tennessee

In the first beginning, FedEx provide services to 25 cities after moved to Tennessee, but difficulties, however, a few years later, the business started to improve. In July 1975, the company begin to earn the profit. In 1978, the company went public and was listed on The New York Stock Exchange

In 2003 , FedEx announced the acquisition of (Kinko's), this merger ended in February 2004 . Later Kinko's renamed "FedEx Kinko's". In 2008, FedEx abandon the "FedEx Kinko's" brand, changed its name to FedEx Office (FedEx Office).

FedEx now having 300 million

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