Friday, June 21, 2019
FedEx Express Essay Example | Topics and Well Written Essays - 1000 words
FedEx tell - Essay ExampleFedEx started its business long back in 1997 as a logistics go gild which specialization was import/ merchandise division with the produce FDX. But it started its full operation in 1998 after the acquisition of bore System Inc. After that it started ground services with express shipping. Caliber handled the small package ground service and RPS Viking Freight handled the less than truck loads throughout the western United States, Roberts Express handled the shipping services, airfreight services between Caribbean and United States handled by Caribbean Transportation Services. For technology solutions it got help from Caliber Logistics and Caliber Technology. Later in 2000 FedEx bought Tower Group global which was a logistics services company working internationally and WorldTariff which was a tax and customs duty organization. And then merged those two organizations, and form FedEx Trade Network. (FedEx Express, 2013) The main line of business of the F edEx Express Later in 2004 FedEx Corp takes over Kinkos Inc. and set up FedEx Kinkos. After this merging FedEx not only became a logistics provider for organizations but it set up its operation to the individual public. After that all the FedEx Kinko retail stores starts offering shipping exclusively but later in 2008 FedEx exclude Kinkos name from its name and made it FedEx Office. During 2004, FedEx bought component part Direct and renamed it as FedEx SmartPost. FedEx Express is an airline service which only dealt with cargo. In terms of freight tons it is the largest airline of the world and in terms of size of the fleet the fourth largest airline of the world. Names of the countries in which the FedEx operates FedEx Express served to 375 destinations every day to almost all the countries. As the largest express transportation company of the world it headquarters in Memphis International Airport except that in United States of America its national hub is in Indianapolis Intern ational Airport. former(a) regional hubs in United States of America are Ted Stevens Anchorage International Airport, Oakland International Airport, Newark Liberty International Airport, Fort Worth Alliance Airport and Miami International Airport. Outside of United States of America other regional headquarters are like Paris-Charles de Gaulle Airport, Guangzhou Baiyun International Airport, Toronto Person International Airport and Cologne Bonn Airport. Another airport which was about to open for FedEx Express was Piedmont Triad International Airport. 4Ps marketing mix concept by the FedEx Competition Competitors for FedEx are ARAMEX, BAX Global, Choice Logistics, DHL Express, Purolator Courier, trinitrotoluene N.V., United Parcel Service etc. Other freight competitors for FedEx Express in international market are like DHL, UPS (United Postal Service) from United States. And from foreign countries like Deutsche Post, TNT N.V. Except them others are like freight forwards, and other p assengers and cargo airlines. Many competitors of FedEx are government controlled or subsidized organizations. Because of that those organizations have better resources costs of services are low, low profit margin and favors regarding government policies and rules-regulations. Target market FedEx made a seven year contract in
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