FedEx

Federal Express is a redirect to this article. See Federal Express (disambiguation) for additional meanings .

Federal Express Corporation Inc.
legal form	Corporation
ISIN	US31428X1063
founding	1971
Seat	Memphis ,  Tennessee , United States
management	Frederick W. Smith ( CEO )
Number of employees	450,000 (2019)
sales	$ 69.6 billion (2019)
Branch	logistics
Website	www.fedex.com/de

The FedEx Corporation (short FedEx , completely Federal Express Corporation Inc. ) is a global American courier - and logistics company based in Memphis (Tennessee) . The air freight division FedEx Express ranks number one on the list of the largest cargo airlines in the world . The Austrian branch of FedEx is in Vienna , the German in Kelsterbach .

With revenues of $ 63.9 billion, the company posted a profit of $ 4.5 billion in fiscal 2017.

The company's main competitors are DHL , UPS, and USPS .

history

In 1971 the company was founded under the name Federal Express by Frederick W. Smith in Little Rock . In 1973 the company moved to Memphis, Tennessee . The name of the company should help secure government contracts. Federal Express was the first transportation company to use modern jet planes. Federal Express benefited greatly from deregulation in the US air transport sector and continued to expand.

In 1989 Federal Express bought the international air freight company Flying Tiger Line . In 1998, the companies were Caliber System, Inc , Roberts Express , Viking Freight and Caliber Logistics , adopted a little later American Freightways , officially, the company operated under the name FDX Corp .

In 2000 the company was given its current name FedEx Corporation , based on the abbreviation FedEx , which has been in use for many years , and made it the official name of the company.

In 2004 FedEx bought the US chain Kinko’s , which offers printing, copying and binding services, and renamed it FedEx Kinko’s .

In a sensational ruling before a US court on June 4, 2006, two FedEx drivers from Lebanon were awarded around 47 million euros in damages for discrimination by a superior.

In November 2006, FedEx was the first Airbus customer to respond to the persistent delivery delays for the Airbus A380 and canceled its order for ten Airbus A380Fs in favor of a new order from rival Boeing for 15 777F aircraft . The reason given by the founder, CEO and President of the FedEx Corporation, Frederick W. Smith , stated that the compensation payments would have no relation to the loss of sales.

In 2008, FedEx was ranked seventh among the US “most admired companies” in the annual Forbes report .

On October 27, 2010, FedEx announced that it had opened the new handling center for Central and Eastern Europe at Cologne / Bonn Airport. Until now, the hub was in Frankfurt am Main. One reason for the move was the possible night flight ban in Frankfurt. On the other hand, there should be no night flight restriction for cargo planes in Cologne until 2030.

On April 7, 2015, FedEx announced that it would take over competitor TNT Express for 4.4 billion euros , which corresponds to a price of eight euros per share. TNT Express, FedEx and PostNL (the largest single shareholder of TNT Express with a stake of 15 percent) have already agreed on a takeover. The acquisition was approved in January 2016. Since then, TNT has been merged with FedEx on a long-term basis.

Key figures

Business and employee development (respective fiscal year)

GJ	Employees	Sales in US $ million	Balance sheet profit in million US $	Equity in US $ million
2005	138,100	29,363	1,449	20,404
2006	138,400	32,294	1,806	22,690
2007	143,000	35.214	2.016	24,000
2008	145,000	37,953	1,125	25,633
2009	140,000	35,497	98	24,244
2010	141,000	34,734	1,184	24,902
2011	143,000	39,304	1,452	27,385
2012	149,000	42,680	2,032	29,903
2013	160,700	44,287	2,716	33,567
2014	162,000	45,567	2,324	33,070
2015	166,000	47,453	1,050	36,531
2016	168,000	50,365	1,820	45,959
2017	169,000	60,319	2,997	48,552
2018	227,000	65,450	4,572	52,330
2019	239,000	69,693	540	54,403

Turnstiles

In addition to the home airport of Memphis, there are other hubs:

• United States
  • Ted Stevens Anchorage International Airport ( Alaska )
  • Dallas / Fort Worth International Airport ( Texas )
  • Indianapolis International Airport ( Indiana )
  • Newark Liberty International Airport ( New Jersey )
  • Oakland International Airport ( California )
  • Miami International Airport ( Florida )
• Canada
  • Toronto Pearson ( Ontario )
• Europe
  • Paris-Charles-de-Gaulle Airport ( France )
  • Cologne / Bonn Airport ( Germany ) ( hub for Central and Eastern Europe since October 27, 2010 )
  • London Stansted Airport ( UK )
• Asia Pacific
  • Guangzhou Baiyun International Airport ( People's Republic of China ) (opened February 6, 2009)

fleet

FedEx started at 14 Dassault Falcon 20s and now operates one of the world's largest air freight fleets.

As of November 30, 2019, FedEx's active fleet consists of 678 aircraft.

Aircraft type	active	ordered	Remarks	image
Airbus A300F	065		FedEx is the world's largest operator of the Airbus A300 and received the last one produced in 2007 (42 new deliveries in total)
ATR 42F	024		five operated by ASL Airlines Ireland
ATR 72F	020th		five operated by ASL Airlines Ireland
ATR 72-600F		030th	As part of the modernization of the feeder fleet, 30 ATR 72-600Fs were ordered as well as options for a further 20 units, which are to be delivered to Fedex with 6 units per year from 2020.
Boeing 757-200F	119		Replacement u. a. for A310. Fedex is the world's largest operator of the Boeing 757-200F
Boeing 767-300F	086	052	FedEx put their first B767-300F into service on September 4, 2013 (100 new orders). Replace MD-10
Boeing 777F	043	012	FedEx is the world's largest operator of the Boeing 777F.
Cessna 208B	236		The Cargomaster were developed by Cessna in cooperation with FedEx, Fedex is the world's largest operator and purchased 300 units.
Cessna 408		050	Delivery from 2021
McDonnell Douglas DC -10	025th		FedEx is the world's largest commercial operator of the McDonnell Douglas MD-10 / DC-10. The DC10-10 should be completely retired by 2021. The DC10-30 will initially remain in operation. 11 original freighters acquired from McDonnell Douglas.
McDonnell Douglas MD-11F	058		FedEx is the world's largest operator of the McDonnell Douglas MD-11; 22 original freighters acquired from McDonnell Douglas / Boeing.
total	676	144

¹The MD-10 is a McDonnell Douglas DC-10 equipped with new avionics . They are partially - e.g. B. from FedEx - also called Boeing MD-10 , as Boeing McDonnell Douglas took over and is responsible for the conversion from the DC to the MD version.

Incidents

• On April 7, 1994, there was a hijack attempt on board a McDonnell Douglas DC-10-30 on flight FX705 . Auburn Calloway, a former United States Navy pilot , tried armed with hammers and a spear pistol to take out the flight crew and take control of the plane, causing it to crash. He wanted to make it look like an accident and die so that his family could have a better life through his life insurance. A long battle ensued between Calloway and the crew. One of the pilots tried risky maneuvers in which the cargo plane briefly exceeded the speed of sound to put Calloway in an unfavorable position and thus make it accessible to his colleagues. During the fight, the crew was able to inform Memphis Airport and called for ambulances and a SWAT crew. After another fight, one of the pilots tried to land the plane blindly with severe head injuries and one eye. There was another tough fight in which Calloway was eliminated. This was followed by the safe landing, during which it was found that two of the pilots had suffered life-threatening injuries.
• On July 31, 1997, the McDonnell Douglas MD-11 F with the registration number N611FE had an accident while landing at Newark International Airport, NJ (EEA) (United States) by a pilot's error, caught fire and burned out completely. All five inmates were able to save themselves.
• On October 17, 1999, the MD-11F, registration number N581FE, had an accident while landing at Subic Bay International Airport (SFS) (Philippines). It rolled over the end of the runway and landed in the sea. All inmates were able to save themselves.
• On March 23, 2009, the MD-11F from Guangzhou , China with the license plate number N526FE had an accident while landing at Narita Airport , Japan . According to preliminary reports, strong gusts of up to 72 km / h are believed to be the cause of the crash. The two pilots died in the accident.
• On October 28, 2016, an MD-10F ( aircraft registration number N370FE ) on flight FX910 crashed while landing in Fort Lauderdale . The machine coming from Memphis broke the left main landing gear while it was coasting, causing the left wing to hit the asphalt and catch fire. The crew was able to save themselves unharmed. According to the NTSB investigation report, the cause of the accident is a crack in the chassis. This was not discovered because the maintenance interval was exceeded by 213 days.

Trivia

• Cast Away is an American feature filmreleasedin 2000 by 20th Century Fox and DreamWorks andstarring Tom Hanks about a FedEx employee who wasstrandedon a small island in the South Sea after a plane crash , and only after more than four years Hermitage can escape.
• In the FedEx logo, the punches for the letters “E” and “x” meet to form an arrow pointing to the right. Amazingly, this consciously created effect eludes practically any observer.
• Since 2013, the FedEx fleet has had a former Boeing 757-28A converted into a cargo plane with the license plate EI-ETR, which was used by Iron Maiden as the Ed Force One belt aircraft in 2008 and 2009 .

See also

• List of airlines

literature

• BI Hengi: Airlines Worldwide , 9th updated edition from 2018, Nara, ISBN 978-3-925671-69-2 , p. 153

Web links

Commons : FedEx  album of pictures, videos and audio files

• FedEx Corporation website
• FedEx Corporate Social Responsibility Report 2010

Individual evidence

1. ↑ https://finance.yahoo.com/quote/FDX/profile?p=FDX
2. ↑ FedEx Corporation 2019 Annual Report. (PDF; 2.3 MB) Retrieved June 5, 2020 . 
3. ^ Forbes Global 2000 List . In: Forbes . ( forbes.com [accessed July 18, 2018]).
4. ↑ Financial Times Deutschland article ( Memento from December 10, 2006 in the Internet Archive ), video of the original interview on Financial Times USA  ( page no longer available , search in web archives )  Info: The link was automatically marked as defective. Please check the link according to the instructions and then remove this notice.  
5. ↑ FedEx: FedEx Among Top Ten on FORTUNE's Lists of Most Admired Companies March 3, 2008
6. ↑ FedEx opens Cologne-Bonn hub accessed on November 11, 2010
7. ↑ Fedex deal approved: US parcel service allowed to take over TNT Express. handelsblatt.com, accessed June 2, 2016 . 
8. ↑ The integration of FedEx and TNT is going according to plan. In: www.fedex.com. Retrieved June 14, 2018 . 
9. ↑ FedEx Express and TNT. For even more connections and new possibilities. In: www.fedex.com. Retrieved June 14, 2018 . 
10. ↑ FedEx Revenue 2006-2020 | FDX. Accessed April 30, 2020 . 
11. ↑ FedEx Q2 Fiscal 2020 Statistics. December 17, 2019, accessed March 8, 2020 . 
12. ^ Federal Express (FedEx) Fleet Details and History. In: planespotters.net. April 19, 2020, accessed on April 22, 2020 . 
13. ↑ boeing.com - Customer Summary (English) accessed on November 19, 2010
14. ↑ FedEx Express Continues Modernization of Aircraft Fleet . In: About FedEx . ( fedex.com [accessed November 8, 2017]).
15. ↑ ^{a b} http://worldairlinenews.com/2012/06/05/fedex-to-retire-18-airbus-a310-200-and-six-mcdonnell-douglas-md-10-freighters/
16. ↑ http://investors.fedex.com/news-and-events/investor-news/news-release-details/2015/FedEx-Express-Plans-to-Acquire-50-Additional-Boeing-767-300F-Aircraft /default.aspx
17. ↑ http://active.boeing.com/commercial/orders/displaystandardreport.cfm?cboCurrentModel=777&optReportType=AllModels&cboAllModel=777&ViewReportF=View+Report
18. ↑ http://www.airliners.net/aircraft-data/stats.main?id=158
19. ↑ Retirement by 2021: Fedex is retiring the MD-10 and A310. In: aeroTELEGRAPH. October 7, 2019, accessed on November 23, 2019 (Swiss Standard German).  
20. ↑ http://www.fool.com/investing/general/2015/08/04/why-fedex-loves-the-boeing-767.aspx
21. ↑ Aircraft accident data and report in the Aviation Safety Network , accessed on May 11, 2010.
22. ↑ Aircraft accident data and report in the Aviation Safety Network , accessed on May 11, 2010.
23. ↑ Fedex MD10 at Fort Lauderdale on Oct 28th 2016, main gear collapse on landing, aircraft on fire. In: The Avherald. October 28, 2016. Retrieved October 29, 2016 . 
24. ↑ Interview with Lindon Leader, the designer of the logo, accessed on October 6, 2011
25. ↑ https://www.planespotters.net/airframe/Boeing/757/EI-ETR-ILFC/do13IdDd