Federal Express Canada

Company History

• In 1965, undergraduate W.Smith got an average grade for his idea of accommodating urgent and time-sensitive shipments.
• Federal Express earns the revenue of $1 billion in US which was the first business in US to achieve this status without merger.

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• In 1984, Federal Express acquires Gelco Express International . As the US success builds up, Federal Express utilize its experience and expertise in the Air Express industry to commence regular scheduled flights to Europe, Netherlands , Belgium and Germany.
• 1985, Federal Express started its operations in France and Switzerland.

Company Descriptions

• Federal express originate express transportation providing rapid, reliable, time-definite delivery to more than 220 countries and territories
• FedEx express the world’s largest gives quick and solid conveyance of around 6 million shippers and 29 million pounds of cargo With annual revenues of $67 billion.

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• FedEx inspires its more than 425,000 team members to remain focused on safety, the highest ethical and professional standards and the needs of their customers and communities.

How Our Company Works

SUCCESSES AND FAILURES OF THE COMPANY

• Within three years of the founding of the company, Federal Express was on the verge of bankruptcy.
• It was losing over $1 million a month
• At its peak, the organization had only $5000 to its name.
• On Monday, the management of the company had a pleasant surprise lined up. FedEx had $32,000 in its bank account, which was just enough to cover the fuel for their planes and to continue operating a few days more.
• Soon after, the company was able to raise significant amounts in funding. Today FedEx is a global giant with operations in more than 220 countries and territories and an annual revenue of US $45 billion.

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• Most ordinary people would have quit at this point and shut down the company, but not Fred Smith
• Smith traveled to Las Vegas and figured out how to anchor some organization reserves.

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• On Monday, the management of the company had a pleasant surprise lined up. FedEx had $32,000 in its bank account, which was just enough to cover the fuel for their planes and to continue operating a few days more.
• Soon after, the company was able to raise significant amounts in funding. Today FedEx is a global giant with operations in more than 220 countries and territories and an annual revenue of US $45 billion.

FedEx Cares For You

• FedEx cares for customers, customer services and workers.
• FedEx will be investing more than $200 million in more than 200 by 2020 to create more openings and opportunities.
• It delivers positive change around the world through FedEx Care workers, its new global giving platform.

Charitable work done by FedEx

• Delivering for Good- At the time of natural hazards, FedEx helps to provide goods all over the world.
• Sustainable Transportation FedEx is introducing the new solution and investing in the solution to reduce congestion, increasing mobility with promoting the environment protection.

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• Employment Pathways FedEx offers so many employment opportunities to youth with getting interconnected to each other and giving volunteerism.
• Road Safety Utilizing FedEx's security mastery helps in reducing street crash and using new technology as well as it educates the people about road safety.

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• Global Entrepreneurship Advancing women and minority-owned small businesses globally through training and increased access to resources, capital and new markets.

Volunteerism

• It’s the piece of our culture at FedEx for team member to support our charitable investments and local neighborhood
• They dedicate their time, the place where they live and work around the world.

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• Volunteerism is more than a one-time event or delivery.
• Team members are contributing their hard work, skills and hearts to improve community in need and to deliver solutions for people by volunteering thousands of hours each year

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