FedEx is a Memphis-based holding company providing transportation, ecommerce, and business services, employing 306,000 people. Its segments include FedEx Express, Ground, Freight, and Services, offering various shipping solutions.
FDX has been in the news recently: Frederick Smith, the founder of FedEx, has passed away at the age of 80, as announced by CEO Raj Subramaniam. Smith started the company in 1973 with just 14 planes, and it has since grown to handle 17 million shipments daily.
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