FedEx
Background FedEx Corporation is a company that offers a global network of services like transportation, informational technologies, international trade, and supply trade services. It does this through its six independent operating companies: FedEx Express, FedEx Ground, FedEx Freight, FedEx Custom Critical, FedEx Trade Networks, and FedEx Services. FedEx’s mission is clear: “FedEx Corporation will produce superior financial returns for our shareowners by providing high value-added logistics, transportation and related information services through focused operating companies. ... FedEx Corporation will strive to develop mutually rewarding relationships with its employees, partners and suppliers. ... Corporate activities will be conducted in the highest ethical and professional standards” (fedex. ... FedEx Corporation, originally called FDX Corporation, was formed in 1998 through an acquisition with Caliber System Inc. ... In 2000 FDX Company divided itself into different operating segments and renamed the company FedEx with the individual segments being renamed as well. ... All the expertise that FedEx had acquired through all the restructuring helped them to become the premier provider of shipping and information services. ... Along with being dubbed the premier provider of shipping and information services, FedEx is also widely acknowledged as a great place to work. The FedEx Company openly embraces and reflects on the diversity in the neighborhoods and communities it serves. FedEx offers a variety of diversity programs within its organization for which they have won many awards. FedEx also encourages its employees to get involved with the community. ... Below you will find some key information about FedEx. ... Memphis, TN 38120 Market Cap (Mil): 20,591 as of 02/04 Latest Qtr Ended: Nov 2003 Updated: 02/20/2004 Officers/Contacts FedEx is a global provider of transportation, e-commerce & supply chain management services, offering integrated business solutions through a network of independently operating subsidiaries. ... Results reflect volume growth at FedEx Ground and in international express shipments and improved operating margins. ... Carter, EVP & CIO Transfer Agent: EquiServe Direct inquiries to: Jim Clippard, VP/Investor Relations ir@fedex. ... In order to comply with these regulations, FedEx requires the following standards to be met: Packaging Your Package • Box weight: Do not exceed the weight specifications for your box. ... In order to comply with IATA’s safety requirements, FedEx requires completed shippers declaration for dangerous goods for each dangerous goods shipment. ... Labels for Dangerous Goods that FedEx requires include: • Labels on same side, only the cargo aircraft label must be affixed on the same side of the package “near” the hazard label. ... fedex. ... Examples of labels Local Regulations Local regulations concerning FedEx Corportation are extremely hard to come by. ... However, a visit to one of the area FedEx stores revealed something rather interesting, though perhaps not exactly a local regulation. ... When prompted to think harder, he decided that where the FedEx drivers are allowed to park their trucks in downtown Dayton is quite an issue. ... He also revealed that one of FedEx’s main competitors, The Post Office, never gets ticketed for parking their trucks in front of buildings to make a delivery. ... Cheatwood concluded was grossly unfair and therefore seemed to impose a regulation upon FedEx that the Postal Service did not have to follow. Political Topics FedEx plays a major role in today’s political environment along with many other large corporations through Political Action Committees (PACs). Between January of 1999 and December of 2000, FedEx contributed over $1,300,000 in “soft money” to the Republican and Democratic parties. FedEx seemed to favor the Republican Party by donating 64% of that $1. ... FedEx is highly supportive of the Air Transport Industry with $392,000 in contributions to it in 2004, with 90% of that money being contributed through their PACs. This is the only area in which FedEx contributed to the transportation industry. FedEx prides itself as being the largest overnight shipper in the industry so being on good terms with this industry is important to FedEx’s success (secrets. ... There have been some studies done on how FedEx’s stocks were affected when each administration was in office and during the grace period between party changes.