A General Presentation of Fedex
Essay by people • December 11, 2011 • Essay • 1,209 Words (5 Pages) • 1,849 Views
. A general presentation of FedEx
FedEx is an American airline company specialized in the international transport of freight its original name was federal express. It is the number 2 in the world about the integrators ; the group is present in more than 220 countries and has 290000 employees ,672 planes and 75000 deliveries cars in the world , FedEx has also several subsidiaries allowing it to be in touch with the express delivery ;such as FedEx express , FedEx ground , FedEx custom critical , FedEx freight and FedEx trade networks. The founder has a corporate strategy , employees have a say on the company management , according to the founder , a good team is also a good productivity . FedEx headquarter is in Memphis
And in Tennessee
II . Financial analysis
In 2011, the group FedEx posted good revenue for its third quarter in comparison
with last year , its revenue went up by 11% this year ,that is to say that its revenue now
were $9.66 billion and from last year it were $8.70 billion.Its operating income went down
this year ; because of winter storms the FedEx group saw its shipping volume going down,
that incidence did not prevent FedEx's divisions from having organic income growth ,
with a total turnover of 35 billion in 2009.
The group FedEx subsidiaries :
FedEx has a lot of subsidiaries in the world such as FedEx express, FedEx ground , FedEx
Custom critical FedEx freight and FedEx trade networks ; we will see how each subsidiary
Reports its revenue in the third quarter in 2010 and 2011 , we will focus on FedEx express , FedEx ground as well as FedEx freight . let's start by FedEx express revenue ,its revenue , , for this year ,
Soared by 11 % in comparison with 2010 , that it means that last year its revenue were
$5.44 billion and this year , it accounts 6.05 billion , its operating income for 2011 , is $
178 million , what represents a fall of 33% in reference to last year's operating income
Which was $ 265 million , about the operating margin , we saw that
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