Federal Express: A Company Overview Essay by The Research Group

Federal Express: A Company Overview
A look at its founding, goals, strengths and weaknesses, expansion of services, threats, stocks, technology and recommendations.
# 20268 | 2,475 words | 6 sources | 1993 | US
Published on Mar 18, 2003 in Business (Companies)

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From the Paper:

"In 1973, Frederick Smith began a company in Memphis which would revolutionize the way that American companies sent packages. Federal Express became a powerful force in moving packages and letters overnight from any point in the continental United States to any other point. Taking full advantage of airline deregulation in 1978, the company's shortened name, Fed Ex, has become synonymous with overnight delivery in much the same way that Xerox is synonymous with photocopying.

The company's mission is to provide high-quality express delivery of packages or documents. Initially, the company focused on parcels weighing less than 70 pounds, which was the minimum weight the traditional freight forwarders would handle. Until Federal Express, these smaller packages were sent by airline couriers. Smith brought his company into the marketplace..."

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