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Old 04-24-2006, 06:24 PM
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cub pilot
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Joined APC: Feb 2006
Position: J3 to CL600; retired doing instrument taining
Posts: 78
Default FedEx Corporation

FedEx Corporation includes 6 companies in addition to FedEx Express. These are FedEx Ground, FedEx Freight, FedEx Kinko's, FedEx Trade Networks, FedEx Supply Chain Services, and FedEx Custom Critical. The FedEx web page details these companies with an overview and facts. http://www.fedex.com/us/about/today/companies/?link=4
Total FedEx Corporation revenues for FY 2005 were 29.3 Billion of which FedEx Express generated 19.5 Billion or 66% of the total FedEx Corporation revenues. Checking FY 2004, FedEx Express accounted for 71% of the total revenues and in FY 2003, FedEx Express had 73% of the total Corporation revenues. Consider that the domestic US ground freight business is 4 times the size of the airfreight business. At this rate of growth of these 6 FedEx companies, FedEx Corporation will derive more revenue from these 6 companies in FY 2009 than what you will see on the Fedex Express ledger.
Fedex is a great company with excellent mangement. When pited against FedEx Corporation, ALPA is in a tug boat compared to a Ocean Freighter. Hopefully u'all will find some common ground. But if this is not possible, expect to see a repeat of what transpired 7 years ago with Captain Fato and FedEx management.

Last edited by cub pilot; 05-28-2006 at 02:00 PM.
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