Essay on Fedex V. Ups
In today’s ever advancing world, shipping services are an essential part of our everyday lives. The two largest companies’ in the shipping industry today are Federal Express Corporation (FedEx) and the United Parcel Service (UPS). FedEx is an international company that believes in quality customer service. With its consistently high quality and innovative services, FedEx has achieved a relatively high market share in the global package delivery market. FedEx is currently the global leader in the express package delivery market, and it offers delivery services in over 220 countries and territories. The biggest competition that FedEx faces today is UPS. UPS …show more content…
Federal Express (FedEx)
Federal Express (FedEx), started its business in 1971, processes approximately 3.5 million packages on a daily basis (FedEx Facts, 2008). Its worldwide headquarters is located in Memphis, Tennessee. FedEx has been successful in the air transportation sector, serving millions of customers in over 220 countries. It is one of the major private U.S. companies offering a one-class service for door-to-door shipment of small parcel packages (Cheema, 1995). Priority overnight service uses a global air-and-ground network system to speed up delivery of time-sensitive shipments. FedEx has 15 global hubs in its hub-and-spoke system: 8 in the United States, 3 in Europe, 3 in Japan and Philippines, and 1 in the Middle East.