FEDEX CORP
FedEx Corporation, incorporated in Delaware in 1997, is a holding company that provides strategic direction to the FedEx portfolio of companies. The company offers a broad range of transportation, e-commerce, and business services through its reportable business segments: FedEx Express, FedEx Ground, FedEx Freight, FedEx Services, FedEx Dataworks, FedEx Office, and FedEx Logistics. FedEx Express is the world's largest express transportation company, offering time-definite delivery to over 220 countries and territories. FedEx Ground is a leading North American provider of small-package ground delivery services, while FedEx Freight is a leading North American provider of less-than-truckload freight transportation services. FedEx Services provides sales, marketing, information technology, communications, customer service, technical support, billing and collection services, and back-office functions. FedEx Dataworks focuses on creating solutions to transform the digital and physical experiences of customers and team members. The company's website is located at fedex.com, and its stock is traded under the ticker symbol FDX. In 2023, the company announced a consolidation plan called "one FedEx," which aims to bring FedEx Express, FedEx Ground, FedEx Services, and other FedEx operating companies into Federal Express Corporation, becoming a single company operating a unified, fully integrated air-ground network. The organizational redesign will be implemented in phases, with full implementation expected in June 2024. The company's strategy includes managing its business as a portfolio, making decisions based on the highest overall long-term return on capital for the enterprise, and focusing on making appropriate investments in technology and assets to optimize long-term earnings performance and cash flow.