FedEx is one of the world's largest transportation companies, delivering millions of packages daily across more than 220 countries. Its express air network, the industry's largest, provides time-definite international and domestic delivery, while FedEx Ground handles e-commerce and business parcels through independent service providers, and FedEx Freight is the largest U.S. less-than-truckload carrier, which the company plans to spin off as an independent public company. Under its Network 2.0 and DRIVE programs, FedEx has merged its historically separate Express and Ground networks into one integrated system, cutting billions in structural costs. The company pioneered overnight delivery when Fred Smith launched it in 1973; FedEx is headquartered in Memphis, Tennessee, near its air superhub.

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FedEx Corp