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Strategic Management of the FedEx Corporation

 


             - FedEx Corp. acquires Caribbean Transportation Services.
             2000 - Parent company FDX is renamed "FedEx Corporation." Services are divided into companies that operate independently yet compete collectively: FedEx Express, FedEx Ground, FedEx Global Logistics, FedEx Custom Critical and FedEx Services. .
             - FedEx Ground launches FedEx Home Delivery, an innovative business-to-residential service, in major U.S. markets.
             - FedEx Trade Networks is created with the acquisitions of Tower Group International and WorldTariff.
             - FedEx Custom Critical acquires Passport Transport.
             - FedEx teams with Amazon.com on a major e-commerce event, delivering the book "Harry Potter and the Goblet of Fire" to 250,000 eager customers on the Saturday of its release.
             - FedEx introduces customer technology solutions including a redesigned fedex.com, FedEx e-Commerce Builder, FedEx Global Trade Manager and FedEx Ship Manager.
             2001 - FedEx Express and the U.S. Postal Service forge a public-private alliance. FedEx Express provides air transportation of some U.S. mail and places FedEx Drop Boxes at post offices nationwide.
             - FedEx Corp. acquires American Freightways, a less-than-truckload carrier serving the 40 eastern states in the U.S. .
             2001 –UPS launches direct flights to China with China Express.
             2002 - FedEx Corp. brands two of its LTL companies, American Freightways and Viking Freight, together as FedEx Freight. .
             - FedEx Trade Networks reorganizes; Tower Group International becomes FedEx Trade Networks Transport & Brokerage Inc., and a new subsidiary is created, incorporating the services of WorldTariff, called FedEx Trade Networks Trade Services.
             - FedEx Home Delivery completes its expansion to serve virtually 100 percent of the U.S. population.
             2003 - FedEx marks a 30-year milestone; Federal Express (now FedEx Express) began its first night of continuous operations in 1973.
             - FedEx teams again with Amazon.com - FedEx Express and FedEx Home Delivery delivered over 400,000 copies of "Harry Potter and the Order of the Phoenix" (up from the previous release of 250,000) in a single day.


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