Federal Express was founded 1971 by Fred Smith in Little Rock, Arkansas, soon moved his business to Memphis, Tennessee in 1973 due to some problems in the airport authorities did not allow the activity of the airline. The name was chosen as a symbol of the U.S. domestic market, and was intended to get most government contracts. The company began operations on April 17, 1973, with an initial network of 14 Dassault Falcon 20s which connected 25 U.S. cities. FedEx was the first cargo airline that used only jet aircraft for its services, expanding the deregulation of air cargo carriers in the industry.
Federal Express operates in most U.S. cities through its hub (hub) of Memphis. Other U.S. hubs are located in Indianapolis, Indiana, Columbus, Ohio, Newark, New Jersey, Oakland, California Anchorage, Alaska, Fort Worth, Texas, Los Angeles International Airport, Miami, Florida, Baton Rouge Metropolitan Airport and Greensboro (North Carolina). The Canadian hub operates from Toronto Pearson International Airport. In the year 2008 will open the new super-hub of Asia in Guangzhou Baiyun International Airport in southern China, replacing the hub of 'FedEx Express in Subic Bay in the Philippines by increasing the service company in the Southeast Asian countries.
In August 1989 the company acquired Flying Tigers, an international cargo airline, thus inheriting the contracts of carriage of the air forces of U.S. transport and can carry passengers across continents and the U.S. until October 1992.
In January 1998, Federal Express acquired Caliber System Company, Inc., which owned Roadway Package System, Roberts Express, Viking Freight, and Caliber Logistics. The companies merged and became known as FDX Corp. the name "FedEx" was popular under the abbreviated name of Federal Express for many years before the company accept this name as an officer in 1994. The new identity was revealed to the world on June 24, 1994. The name "Federal Express" was completely eliminated in 2000, when FDX Corporation changed its name to FedEx Corporation adopted the slogan "The World On Time" 1 In 2000, FedEx and the USPS company signed a contract dated 7 years to carry all high priority mail through the FedEx system. The postcard was exdtendido contract until 2012 and USPS thus remains one of the largest customers of FedEx.
In 2001, FedEx acquired American Freightways Company, 2 an air cargo containers ('less-than-truckload' - LTL), and combined with the company 'Viking Freight' was created 'FedEx Freight. " In February 2004, FedEx bought Kinko's, a chain that provides copying and reproduction services located in Dallas by the amount of $ 2.4 billion (largely associated with the company also acquired UPS Mailboxes Etc).
In 2005, FedEx Express began a period of expansion since its Indianapolis hub, which will be completed in 2010 and became one of the largest of FedEx Express.
In May 2006, FedEx acquired the assets of Watkins Motor Lines, a leader in LTL transportation in an amount of $ 780 million. The purchase allowed FedEx to provide more choice in their transportation of heavy weights. The company was renamed FedEx National LTL, and is part of FedEx Freight segment.
In 2007 it bought and announced the following:
• FedEx announced a sponsorship agreement with Formula One team McLaren
• FedEx Express Corporation acquired the business DTW Group, its partner in China.
• FedEx Corporation Completes Acquisition of global service partner, PAFEX, India.
• FedEx Express acquired its service partner in Hungary, Flying Cargo Hungary Kft
• FedEx Express announced the next day domestic service in China.
• FedEx Express announced the launch of Express Freight, a direct flight from Manchester (United Kingdom) Super-Hub in Memphis. The service increases daily capacity between the UK and U.S. by 50% and adds 20% to the daily capacity from Europe to America.
• FedEx Express EMEA announced that the ANC based in the UK is renamed as FedEx UK
In 2009, FedEx is recognized as a leader in Asia, with over 14,000 employees serving more than 30 countries and territories in the Asia-Pacific, FedEx continues to expand and improve emergency services in Asia and the Pacific. In February 2009, FedEx launched its Asia Pacific Center in Guangzhou, which serves the entire Asia-Pacific region. This center has improved connectivity and allows FedEx to expand operations.
In September 2009, FedEx starts delivery service in its first B777F aircraft, which will start flying between the U.S. and Asia in 2010 and reduce transit times from 1 to 3 hours.
In October 2009, FedEx announced a new point of Asia - Europe service, reducing transit times by one day.
Motivation and Strategies for Entrepreneurs, The lives and stories of famous entrepreneurs and inventors, companies and corporations
martes, 25 de enero de 2011
History of Federal Express
Publicado por
Luis Alberto Cardenas
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