FedEx Corporation - Overview
In the US, the company has a notable market share in at least four industries: Transportation and Warehousing, Business Service Centers, Couriers & Local Delivery Services, General Freight Trucking (Less Than Truckload) and Transportation and Warehousing.
FedEx Corp. (NYSE: FDX) provides customers and businesses worldwide with a broad portfolio of transportation, e-commerce and business services.
FedEx Corporation, originally known as Federal Express Corporation, is an American multinational conglomerate holding company specializing in transportation, e-commerce, and business services.
FedEx Ground — pickup and delivery of small packages, typically boxes, weighing less than 150 pounds, generally within the business-to-business market segment.
Federal Express is the largest express transportation company in the world with integrated expedited, standard, and economy offerings for business and residential package shipping. *Average daily volume information for Q1 FY25.
In FY 2024, FedEx contributions accounted for approximately 0.9%7 of overall net economic output in the Transportation, Storage, and Communications sector, as defined by the United Nations Conference on Trade and Development (UNCTAD).
Despite the name, this term is used to describe the movement of goods from one place to another by any mode of transport, not simply through the use of ships. Indeed, there are four major modes of transportation that traditionally form the backbone of the shipping industry. These are: Marine - ships. Air - aeroplanes.
Both FedEx and UPS operate under integrated logistics and transportation models, leveraging extensive networks to deliver packages and freight across the globe. While both companies serve similar markets, their approaches to operations, revenue generation, and customer engagement can be distinct.
FedEx Supply Chain, formerly known as GENCO (General Commodities Warehouse & Distribution Co.) is a major third-party logistics (3PL) provider in the United States and Canada. It serves various industries, including: technology & electronics, retail & e-commerce, consumer & industrial goods, and healthcare industries.
FDX is the global open finance ecosystem. Join over 200 financial institutions, financial data aggregators, fintechs, industry utilities, payment networks, consumer groups, financial industry groups, service providers and other stakeholders defining the technical standards for open finance-data sharing.
Fed-Ex is a publicly held company and the stock trades on the NYSE. It is not owned or controlled by any government agency.
NAICS Code 492110 - Couriers and Express Delivery Services sits in the 2-digit Transportation and Warehousing sector.
Industry: Integrated Freight & Logistics.
What is the sector breakdown of the S&P 500? The eleven sectors of the S&P 500 are information technology, financials, health care, consumer discretionary, communication services, industrials, consumer staples, energy, real estate, materials, and utilities.
Shipping Business = the act of carriage of cargo from point A to point using the ships which falls under the Maritime industry.. Freight = the cargo that is carried using the shipping services offered by the shipping lines using the ships which falls under the Maritime industry..
Related Definitions
Freight sector means all transportation-based and transportation-dependent enterprises involved in the supply chain from point of origin to point of consumption, including ports, rail, freight corridors, and warehouses and distribution centers.
Ship Sector Understanding (SSU) The Participants to the SSU are Australia, the European Union, Japan, Korea, New Zealand, and Norway. The SSU provides specific disciplines that may be applied to officially supported export credits relating to the export of sea-going vessels, ship conversions and hovercraft vessels.
Answer and Explanation: FedEx operates as an oligopoly, the reason behind this being its market concentration. Both FedEx and UPS accommodate around 80% of the market share.
The 3 main sectors of the economy are primary, secondary and tertiary sectors. Manufacturing comes under the secondary sector, extraction of raw materials industries comes under the primary sector of the economy and the services industry comes in the tertiary sector of the economy.
United Parcel Service, Inc. (UPS) and FedEx Corp. (FDX) are two leading delivery services companies and main competitors to each other, at least in the public eye. However, to those following them closely, the two companies are quite different in their business models and strategies.
As one of the leading logistics companies worldwide, FedEx is well-regarded in the supply chain industry. FedEx operates a portfolio of solutions; FedEx Express, FedEx Ground, FedEx Freight, FedEx Services, FedEx Logistics and FedEx Office.