FedEx, or Federal Express was born in 1971, when Frederick W. Smith bought the Controlling Arkansas Aviation Sales, located in the Little Rock, Arkansas. Mr. Smith identified that the package delivery service was very inefficient, for that reason, FedEx began working to revolutionize the global business practices of all shipping companies in the world. Fed-Ex defines speed and quality in its services.
In the beginning, FedEx worked with the launch of 14 small aircraft from Memphis International Airport. On that night, Federal Express delivered 186 packages to 25 U.S. cities from Rochester, NY, to Miami, Fla. (The headquarters located in Memphis, Tennessee.) Today, Fed-Ex has the world's largest all-cargo air fleet, including McDonnell-Douglass MD-11s, Airbus A-300s and A-310s. The planes have a total daily lift capacity approximately 26.5 million pounds. In a day period, the fleet travels 500,000 miles while its couriers log 2.5 million miles a day the equivalent of 100 trips around the earth. FedEx handles about 3.2 million packages and documents every business day.
Federal Express has a very organized and defined corporate structure. This allows FedEx to coordinate sales, marketing and technology to support the global FedEx brand.
FedEx works on the basis that people are first, to maintain nice environment the company has an excellent benefits package, including: healthcare programs (dental, medical, and vision and prescription drugs), life insurance, accidental and death dismemberment, business travel accident insurance, and employee stock purchase plan, education assistance, paid time off, vacation, holidays.