In a world where actual things still really do need to be somewhere overnight, FedEx continues outpace smaller rival UPS while holding off the specter of future competition from Amazon. About 53% of the company’s $50 billion top line still comes from its express division. But other services like TNT Express, FedEx Ground, FedEx Freight, and FedEx Services are broadening the company’s position in 220 countries and territories around the world while expanding its portfolio of e-commerce, transportation, and business offerings. And the company continues to invest in customer-specific ways. One recent example: FedEx Supply Chain, formerly known as Genco, which has recently expanded a specialized, 1.1 million multi-tenant warehouse close to its global hub in an “end-of-runway” facility designed to better meet the needs of medical device and pharmaceutical customers with specialized delivery needs.
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News about FedEx
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