Industry: Air Courier
Fortune Rank: 60
FDX is a global provider of transportation, e-commerce & supply chain management services, offering integrated business solutions through a network of independently operating subsidiaries. For the 3 months ended 8/31/05, revenues rose 10% to $7.71B. Net income rose 3% to $339M. Results reflect improvements across all operating segments, partially offset by higher salaries and benefits expense.
FedEx Corporation (FedEx) provides a portfolio of transportation, e-commerce and business services with companies that operate independently and compete collectively under the respected FedEx brand. The company operates in four business segments. The FedEx Express segment includes FedEx Trade Networks, Inc., which provides international trade services, specializing in customs brokerage and global cargo distribution. FedEx Ground is a provider of small-package ground delivery service. This segment also includes FedEx Supply Chain Services, Inc., which offers supply chain solutions. FedEx Freight is a United States provider of regional next-day and second-day and interregional less-than-truckload (LTL) freight services. This segment also includes FedEx Custom Critical, Inc., a time-specific, critical shipment carrier, and Caribbean Transportation Services, Inc., a provider of airfreight forwarding services. The FedEx Kinko's segment provides document solutions and business services.
FedEx Corporation is a Fortune 500 company. In 2010 FedEx Corporation was ranked number 60 on the Fortune 500 list, making it the 60th largest company in the United States when judged by revenue.
FedEx Corporation achieved revenue of $35,497.00 million in 2010 and earned a profit of $98.00 million.
FedEx Corporation's rank changes
The company's ranking in 2010 was a decline from 2009 when it was ranked 59th on the Fortune 500. The Previous ranking was based on its 2009 revenue of $37,953 million (a change of -2 million compared to 2010) and profits of $1,125 million (a change of 97 million compared to 2010).
Another point of view
To many investors, profits are more important than the revenue a company earns. If the Fortune 500 was ranked by profits instead of revenue then FedEx Corporation would be ranked 359th rather than 60th due to its profits of $98 in 2010.
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* US$ Million
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