Open main menu
Home
Random
Recent changes
Special pages
Community portal
Preferences
About Wikipedia
Disclaimers
Incubator escapee wiki
Search
User menu
Talk
Dark mode
Contributions
Create account
Log in
Editing
FedEx
(section)
Warning:
You are not logged in. Your IP address will be publicly visible if you make any edits. If you
log in
or
create an account
, your edits will be attributed to your username, along with other benefits.
Anti-spam check. Do
not
fill this in!
=== 21st century === [[File:FedEx Truck Downtown Miami (25706470807).jpg|thumb|FedEx Express [[delivery van]] in [[Miami]]]] FedEx Corp. acquired privately held [[Kinko's|Kinko's, Inc.]] in February 2004 and re-branded it FedEx Kinko's. The acquisition was made to expand FedEx's retail access to the general public. After the acquisition, all FedEx Kinko's locations offered only FedEx shipping.<ref name="AboutFedEx" /> In June 2008, FedEx announced that they would be dropping the Kinko's name from their ship centers; FedEx Kinko's would now be called [[FedEx Office]].<ref>[http://blog.marketingdoctor.tv/2008/06/03/marketing-101-fed-ex.aspx " The Marketing Doctor Says: FedEx Does It Again!"] {{Webarchive|url=https://web.archive.org/web/20090605025342/http://blog.marketingdoctor.tv/2008/06/03/marketing-101-fed-ex.aspx |date=June 5, 2009 }} Marketing Doctor Blog. June 3, 2008.</ref><ref>{{cite web |author1=Ernest Beck |title=FedEx Ditches Kinko's |url=http://www.businessweek.com/innovate/content/jun2008/id2008069_075908.htm |website=Business Week |publisher=The McGraw-Hill Companies |access-date=20 June 2023 |archive-url=https://web.archive.org/web/20080612233204/http://www.businessweek.com/innovate/content/jun2008/id2008069_075908.htm |archive-date=June 12, 2008 |language=en-US |date=June 9, 2008 |url-status=dead}}</ref> In September 2004, FedEx acquired Parcel Direct, a parcel consolidator, and re-branded it FedEx SmartPost.<ref name="AboutFedEx" /> In April 2015, FedEx acquired their rival firm [[TNT Express]] for β¬4.4 billion ($4.8 billion; Β£3.2 billion) as it looked to expand their operations in Europe.<ref>{{Cite news |date=April 7, 2015 |title=FedEx to buy rival TNT Express for β¬4.4bn |work=BBC News |url=https://www.bbc.co.uk/news/business-32200600 |access-date=June 21, 2018 |archive-date=July 12, 2020 |archive-url=https://web.archive.org/web/20200712025200/https://www.bbc.co.uk/news/business-32200600 |url-status=live }}</ref><ref>{{Cite news |date=April 8, 2015 |title=FedEx to buy Dutch Delivery Company TNT for 4.4 billion euros |publisher=news.biharprabha.com |agency=Reuters |url=http://news.biharprabha.com/2015/04/fedex-to-buy-dutch-delivery-company-tnt-for-4-4-billion-euros/ |access-date=April 8, 2015 |archive-date=April 11, 2015 |archive-url=https://web.archive.org/web/20150411033330/http://news.biharprabha.com/2015/04/fedex-to-buy-dutch-delivery-company-tnt-for-4-4-billion-euros/ |url-status=live }}</ref> In February 2016, FedEx announced the launch of FedEx Cares, a global giving platform, and committed to invest $200 million to strengthen more than 200 communities by 2020.<ref>{{Cite web |title=Timeline |url=https://about.van.fedex.com/our-story/history-timeline/timeline/ |access-date=2019-05-30 |website=About FedEx |archive-date=November 17, 2019 |archive-url=https://web.archive.org/web/20191117193513/https://about.van.fedex.com/our-story/history-timeline/timeline/ |url-status=dead }}</ref><ref>{{Cite web |last=Candid |title=FedEx Launches $200 Million Giving Initiative |url=http://philanthropynewsdigest.org/news/fedex-launches-200-million-giving-initiative |access-date=2019-05-30 |website=Philanthropy News Digest (PND) |archive-date=September 19, 2020 |archive-url=https://web.archive.org/web/20200919161456/http://philanthropynewsdigest.org/news/fedex-launches-200-million-giving-initiative |url-status=live }}</ref> In March 2018, FedEx announced the acquisition of P2P Mailing Limited, a last-mile delivery service, for Β£92 million to expand their portfolio.<ref>{{Cite web |title=FedEx Expanding E-Commerce Capabilities with Acquisition of P2P |url=http://investors.fedex.com/news-and-events/investor-news/news-release-details/2018/FedEx-Expanding-E-Commerce-Capabilities-with-Acquisition-of-P2P/default.aspx |access-date=2019-05-30 |website=investors.fedex.com |archive-date=September 19, 2020 |archive-url=https://web.archive.org/web/20200919084456/http://investors.fedex.com/news-and-events/investor-news/news-release-details/2018/FedEx-Expanding-E-Commerce-Capabilities-with-Acquisition-of-P2P/default.aspx |url-status=live }}</ref> In June 2019, FedEx announced they would not be renewing their $850 million contract with [[Amazon (company)|Amazon]] for the company's U.S. domestic express delivery business. Amazon accounted for 1.3 percent of 2018 revenues.<ref>{{Cite news |last=Albert-Deitch |first=Cameron |date=2019-06-10 |title=Amazon's Vendor Purge and FedEx Cancellation Prove 1 Thing: Startups Need to Watch Out |work=[[Inc. (magazine)|Inc.]] |url=https://www.inc.com/cameron-albert-deitch/amazon-fedex-vendor-purge-startups.html |access-date=2019-06-10 |archive-date=September 25, 2020 |archive-url=https://web.archive.org/web/20200925164502/https://www.inc.com/cameron-albert-deitch/amazon-fedex-vendor-purge-startups.html |url-status=live }}</ref> In August 2019, FedEx announced the termination of ground deliveries for Amazon as well.<ref>{{Cite web |title=FedEx to end ground delivery business with Amazon |url=https://news.yahoo.com/fedex-severs-ties-amazon-135119289.html |access-date=2019-08-08 |website=news.yahoo.com |date=August 7, 2019 |archive-date=July 31, 2020 |archive-url=https://web.archive.org/web/20200731131008/https://news.yahoo.com/fedex-severs-ties-amazon-135119289.html |url-status=live }}</ref> In December 2020, FedEx acquired ShopRunner, an e-commerce platform.<ref>{{Cite web |date=December 28, 2020 |title=FedEx completes acquisition of ShopRunner to bolster e-commerce |url=https://www.bizjournals.com/memphis/news/2020/12/28/fedex-completes-acquisition-shoprunner.html |publisher=Bizjournal |access-date=February 7, 2021 |archive-date=December 31, 2020 |archive-url=https://web.archive.org/web/20201231021753/https://www.bizjournals.com/memphis/news/2020/12/28/fedex-completes-acquisition-shoprunner.html |url-status=live }}</ref> On March 29, 2022, founder [[Frederick W. Smith]] announced he would be retiring as CEO and become executive chairman effective June 1, 2022. The company named [[Raj Subramaniam]], FedEx's current president and COO, as Smith's successor.<ref>{{cite news |last1=Watts |first1=Micaela A. |title=FedEx founder Fred Smith to step down as CEO; Raj Subramaniam to succeed him |url=https://www.commercialappeal.com/story/money/industries/logistics/2022/03/28/fedex-fred-smith-ceo-raj-subramaniam/4455316001/ |access-date=1 April 2022 |work=[[The Commercial Appeal]] |date=March 28, 2022 |archive-date=March 31, 2022 |archive-url=https://web.archive.org/web/20220331045437/https://www.commercialappeal.com/story/money/industries/logistics/2022/03/28/fedex-fred-smith-ceo-raj-subramaniam/4455316001/ |url-status=live }}</ref><ref>{{Cite web |date=2022-03-28 |title=FedEx names Raj Subramaniam as CEO, replacing founder Fred Smith |url=https://www.cnbc.com/2022/03/28/fedex-names-raj-subramaniam-as-ceo-replacing-founder-frederick-smith.html |access-date=2022-03-29 |website=CNBC |language=en |archive-date=March 29, 2022 |archive-url=https://web.archive.org/web/20220329144846/https://www.cnbc.com/2022/03/28/fedex-names-raj-subramaniam-as-ceo-replacing-founder-frederick-smith.html |url-status=live }}</ref>
Edit summary
(Briefly describe your changes)
By publishing changes, you agree to the
Terms of Use
, and you irrevocably agree to release your contribution under the
CC BY-SA 4.0 License
and the
GFDL
. You agree that a hyperlink or URL is sufficient attribution under the Creative Commons license.
Cancel
Editing help
(opens in new window)