Wednesday, August 21, 2019

FedEx Corporation 942 South Shady Grove Road Memphis, TN 38120 USA Frederick Smith born Marks, Mississippi, Notice of Lawsuit Stealing Mail for President Donald John Trump Sr, from Official International Court of Justices CARNEGIEPLEIN 2 KJ DEN HAGG HAGG 2517 “Intl Priority Mail, #Tracking #Number #Fedex 489114914440


Corporate Headquarters: 942 South Shady Grove Road, Memphis, Tennessee 38120, (901) 818-7500.
FedEx Corporation
942 South Shady Grove Road
Memphis, TN 38120
USA

Frederick Smith  born  Marks, Mississippi, Notice of Lawsuit Stealing Mail for President Donald John Trump Sr, from Official International Court of Justices CARNEGIEPLEIN 2 KJ DEN HAGG HAGG 2517  “Intl Priority Mail, #Tracking #Number #Fedex 489114914440


FedEx Corporation is an import/export company, incorporated October 2, 1997, in Delaware.[4] FDX Corporation was founded in January 1998 with the acquisition of Caliber System Inc. by Federal Express. With the purchase of Caliber, FedEx started offering other services besides express shipping. Caliber subsidiaries included RPS, a small-package ground service; Roberts Express, an expedited shipping provider; Viking Freight, a regional, less than truckload freight carrier serving the Western United States; Caribbean Transportation Services, a provider of airfreight forwarding between the United States and the Caribbean; and Caliber Logistics and Caliber Technology, providers of logistics and technology services. FDX Corporation was founded to oversee all of the operations of those companies and its original air division, Federal Express.[5]
In the 1990s, FedEx Ground planned, but later abandoned, a joint service with British Airways to have BA fly a Concorde supersonic jet airliner to Shannon, Ireland with FedEx packages on board, and then FedEx would have flown the packages subsonically to their delivery points in Europe. Ron Ponder, a vice president at the time, was in charge of this proposed venture.
A Federal Express McDonnell Douglas MD-11 in 1995.
In January 2000, FDX Corporation changed its name to FedEx Corporation and re-branded all of its subsidiaries. Federal Express became FedEx Express, RPS became FedEx Ground, Roberts Express became FedEx Custom Critical, and Caliber Logistics and Caliber Technology were combined to comprise FedEx Global Logistics. A new subsidiary, called FedEx Corporate Services, was formed to centralize the sales, marketing, and customer service for all of the subsidiaries. In February 2000, FedEx acquired Tower Group International, an international logistics company. FedEx also acquired WorldTariff, a customs duty and tax information company; TowerGroup and WorldTariff were re-branded to form FedEx Trade Networks.[5]
FedEx Corp. acquired privately held Kinko's, Inc. in February 2004 and re-branded it FedEx Kinko's. The acquisition was made to expand FedEx's retail access to the general public. After the acquisition, all FedEx Kinko's locations exclusively offered only FedEx shipping.[5] In June 2008, FedEx announced that they would be dropping the Kinko's name from their ship centers; FedEx Kinko's would now be called FedEx Office.[6][7] In September 2004, FedEx acquired Parcel Direct, a parcel consolidator, and re-branded it FedEx SmartPost.[5]
In December 2007, the U.S. Internal Revenue Service "tentatively decided" the FedEx Ground Division might be facing a tax liability of $319 million for 2002, due to misclassification of its operatives as independent contractors. Reversing a 1994 decision which allowed FedEx to classify its operatives that own their own vehicles as independent contractors, the IRS audited the years 2003 to 2006, with a view to assessing whether similar misclassification of operatives had taken place. FedEx denied that any irregularities in classification had occurred, but faced legal action from operatives claiming benefits that would have accrued had they been classified as employees.[8]
In June 2009, FedEx began a campaign against United Parcel Service (UPS) and the Teamsters union, accusing its competitor of receiving a bailout in an advertising campaign called "Brown Bailout". FedEx claimed that signing the Federal Aviation Administration re-authorization bill, which would let some of its workers unionize more easily (and, according to the Memphis-based company, "could expose [its] customers at any time to local work stoppages that interrupted the flow of their time-sensitive, high-value shipments”),[9] was equivalent to giving UPS a "bailout". Independent observers heavily criticized FedEx's wording,[9] claiming that it was "an abuse of the term".[9] FedEx Express employees are regulated under the Railway Labor Act.[10]
On January 14, 2013, FedEx named Henry Maier CEO and President of FedEx Ground, to take effect after David Rebholz retired on May 31, 2013.[11] On July 17, 2014, FedEx was indicted for conspiracy to distribute controlled substances in cooperation with the Chhabra-Smoley Organization and Superior Drugs.[12] According to the U.S. Department of Justice, "FedEx is alleged to have knowingly and intentionally conspired to distribute controlled substances and prescription drugs, including Phendimetrazine (Schedule III); Ambien, Phentermine, Diazepam, and Alprazolam (Schedule IV), to customers who had no legitimate medical need for them based on invalid prescriptions issued by doctors who were acting outside the usual course of professional practice."[13] A representative for the company contested these claims, stating that it would violate personal rights of customers to deny service and that "We are a transportation company — we are not law enforcement".[14] On July 17, 2016 the Department of Justice U.S. Attorney's Office confirmed in a statement that it had asked U.S. District Court Judge Charles Breyer to dismiss the indictment but also did not say why.[15][16][17]
In April 2015, FedEx acquired their rival firm TNT Express for €4.4 billion ($4.8 billion; £3.2 billion) as it looks to expand their operations in Europe.[18][19]
In February 2016, FedEx announced the launch of FedEx Cares, a global giving platform, and committed to invest $200 million to strengthen more than 200 communities by 2020.[20][21]
In March 2018, FedEx announced the acquisition of P2P Mailing Limited, a last-mile delivery service, for £92 million to expand their portfolio.[22]
In September 2018, FedEx expanded FedEx Ground U.S. operations to six days per week due to the rise in demand for e-commerce[23]
In January 2019, FedEx Trade Networks was re-branded to FedEx Logistics.[24]
In May 2019, FedEx announced the expansion of FedEx Ground U.S. operations to seven days per week during the holiday peak season. The service will continue year-round beginning in January 2020 for the majority of the U.S. population.[25]
On June 1, 2019, the authorities in China filed a case against FedEx for allegedly undermining the rights of Chinese clients.[26] The investigation stemmed from allegations by Huawei that FedEx attempted to divert the shipping route of its packages without the company's prior authorization.[27][28][29] which in turn have been denied by FedEx.[27][28] It has been reported that FedEx refused to deliver a used Huawei phone into the US. Writers at PC Magazine tried to ship a Huawei P30 from a UK office to a US one to find it sent back a few days later.[30][31]
In June 2019, FedEx announced they will not be renewing their $850 million contract with Amazon for the company's U.S. domestic express delivery business. Amazon account for just 1.3 percent of 2018 revenues.[32]
In July 2019, China accused FedEx of holding back more than 100 packages that Huawei was trying to deliver to China. The Chinese state media said that the company committed “violations” when it diverted Huawei parcels.[33]
In August 2019, FedEx announced the termination of ground deliveries for Amazon, and 2 months ago, it terminated its air delivery contract with Amazon.[34]

Finances[edit]

For the fiscal year 2018, FedEx reported earnings of US$4.572 billion, with an annual revenue of US$65.450 billion, an increase of 8.5% over the previous fiscal cycle. FedEx's shares traded at over $244 per share, and its market capitalization was valued at over US$55.5 billion in October 2018.[35] FedEx ranked No. 50 in the 2018 Fortune 500 list of the largest United States corporations by total revenue.[36]
Year Revenue
in mil. USD$
Net income
in mil. USD$
Total Assets
in mil. USD$
Price per Share
in USD$
Employees
2005 29,363 1,449 20,404 83.40
2006 32,294 1,806 22,690 101.69
2007 35,214 2,016 24,000 100.12
2008 37,953 1,125 25,633 76.143
2009 35,497 98 24,244 59.52
2010 34,734 1,184 24,902 80.69
2011 39,304 1,452 27,385 82.21
2012 42,680 2,032 29,903 86.05
2013 44,287 2,716 33,567 106.25 281,000
2014 45,567 2,324 33,070 144.80 269,900
2015 47,453 1,050 36,531 161.10 166,000
2016 50,365 1,820 45,959 159.36 168,000
2017 60,319 2,997 48,552 205.60 169,000
2018 65,450 4,572 52,330 244.53 227,000

Operating units and logos[edit]

The FedEx logo is a wordmark designed in 1994 by Lindon Leader of Landor Associates, of San Francisco.[37] It consists of Fed in purple and Ex in orange. The FedEx wordmark is notable for containing a subliminal right-pointing arrow in the negative space between the "E" and the "X", which was achieved by designing a proprietary font, based on Univers and Futura, to emphasize the arrow shape.[37] Previously, the Ex was in a different color for each division and platinum for the overall corporation use. However, in August 2016, FedEx announced that all operating units will adopt the purple and orange color logo over the next 5 years (the same as the original FedEx logo, and later used by FedEx Express).[38]
FedEx Express McDonnell Douglas MD-11 landing in Hong Kong on August 11, 2010.
FedEx is divided into the following operating units:
  • FedEx Express (Orange "Ex"): The original overnight courier services, providing next day air service within the United States and time-definite international service. FedEx Express operates one of the largest civil aircraft fleets in the world and the largest fleet of wide bodied civil aircraft; it also carries more freight than any other airline.[39]
    • Caribbean Transport Services: Until 2008, a part of FedEx Freight. Provides airfreight forwarding services between the US mainland, Puerto Rico, the Dominican Republic, and other Caribbean islands.
    • TNT Express: An international courier delivery services company, now a subsidiary of FedEx, with its headquarters in Hoofddorp, Netherlands. The firm has fully owned operations in 61 countries, and delivers documents, parcels and pieces of freight to over two hundred countries.
FedEx Ground delivery van
FedEx Vehicle in Tomaszów Mazowiecki, central Poland
  • FedEx Ground (Orange "Ex", formerly Green): Guaranteed day-definite delivery within Canada and the United States at a cost savings as compared to time-definite FedEx Express. Uses a large fleet of trucks which are owned by the independent owner/operators and drivers are independent contractors who control individual delivery routes and territories. Formerly Roadway Package System (RPS).[40]
    • FedEx Home Delivery: Specializes in residential delivery Tuesday through Saturday and offers delivery options to provide more flexibility for residential recipients. The logo includes a drawing of a dog carrying a package . FedEx Home Delivery only operates in the United States. In the US it is not uncommon for Home Delivery packages to be delivered by standard Ground trucks. To make up the difference, FedEx Ground in Canada performs the business deliveries and residential deliveries.[41]
    • FedEx SmartPost: Consolidates parcels from merchants such as e-commerce and catalog companies and uses the United States Postal Service for the final delivery. Formerly the independent company Parcel Direct until FedEx acquired it for $120 million in 2004.[42]
  • FedEx Freight (Orange "Ex", formerly Red): Less than truckload (LTL) and other freight services. The largest LTL carrier in the United States, with $4.5 billion in revenue for 2008.[43] Formerly American Freightways, Viking Freight, and Watkins Motor Lines.
    • FedEx Freight Canada: Formerly Watkins Canada Express.
  • FedEx Logistics (Orange "Ex", formerly Platinum): Known as FedEx Trade Networks until 2019, FedEx Logistics provides supply chain solutions, specialty transportation, cross border e-commerce technology services, customs brokerage, and trade management tools and data. Formerly C.J. Tower & Sons, then Tower Group International.
    • FedEx Air & Ocean Cargo Networks: International air and ocean freight forwarding.
    • FedEx Cross Border: Provides cross border enablement technologies and solutions that help retailers and e-tailers reach international e-commerce consumers. Its capabilities include duty and tax calculations, export compliance management, HS classification, currency conversions, shopping cart management, and protection against credit card fraud. Formerly Bongo International.
    • FedEx Custom Critical (Orange "Ex", formerly Blue and then Red): Delivers urgent, valuable, or hazardous items using trucks and chartered aircraft. Freight not accepted for transport includes perishable food, alcohol, medication, livestock, household goods, hazardous waste, and money.[44] Drivers are independent contractors who own their vehicles. Service in Mexico uses interline carriers. Formerly Roberts Cartage and then Roberts Express.
    • FedEx Customs Brokerage: Services related to customs and international trade compliance.
    • FedEx Forward Depots: Critical inventory and service parts logistics, TechConnect repair and refurbishment of business technology equipment, 3-D printing and the FedEx Packaging Lab.
    • FedEx Supply Chain: Third-party logistics including transportation management, warehousing, fulfillment, and returns. Formerly GENCO, Roadway Logistics System, and Caliber Logistics.
  • FedEx Services (Orange "Ex", formerly Platinum): Provides global marketing, planning, and information technology (IT) services for the other FedEx operating companies.
    • FedEx Customer Relations: Offering a customer service toll-free telephone line for customer questions. It is operated by an automated operator then will prompt the user to a live agent for uses of tracking, claims, scheduling pick-ups (Express, Ground, Same Day, Custom Critical, Freight Express, and Freight LTL), compliments and complaints, locations (both staffed counter locations and drop-boxes), ordering supplies, setting up FedEx accounts, billing etc. Formerly FCIS or FedEx Customer Information Services.
    • FedEx Delivery Manager: Provides U.S. customers with options to schedule dates, locations, and times of delivery. Customers can also track and manage deliveries en route to or from their home, without a tracking number or FedEx account.
  • FedEx Office (Orange "Ex", formerly Blue): The retail arm of the corporation, offers copying and digital printing, professional finishing, document creation, Internet access, computer rentals, signs and graphics, direct mail, Web-based printing, and FedEx shipping. Formerly an independent company, known as Kinko's until it was acquired by FedEx in 2004 and rebranded to FedEx Kinko's. In June 2008 the company was finally rebranded as FedEx Office.[45]
    • FedEx Office Print and Ship Centers: Provides services such as copying, printing, Internet access, and shipping. They are a central location for FedEx customers to deposit their packages for shipping, offering self-service photocopy and fax machines, office products for packing and shipping, boxes, and packaging services. They also offer "Hold at Locations" for FedEx Ground & FedEx Express shipments for easy pick up. Transfer to Office/Ship centers takes 1 to 2 business days (example: calling the customer service line one day prior to pick up. This ensures package is put with proper route of courier that services that area). FedEx Office counts with its own FedEx Couriers for Center to Center and local customer deliveries. Formerly, these locations were called FedEx World Service Centers.

1 comment:

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