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Federal Express
Beginning of Essay
(FedEx) under the leadership of Fred Smith has been innovative from its very beginning. The very idea of a hub-and-spokes distribution system was revolutionary. Smith saw the air freight industry in the early 70’s as inefficient and unreliable. In the early .... Middle of Essay
.... There are combination carriers, which are primarily passenger airline companies that also carry cargo. And then there are “all-cargo” companies like Federal Express which only carry cargo, have fleets of planes, usually fly at night, have ground transportation, and personnel for door-to-door pick-up and delivery. The “all cargo” companies control 90% of the domestic cargo companies.
Competition in the “all cargo” segment of the industry includes: UPS, DHL, Airborne Express and U.S. Postal Service. The entire industry delivers roughly 5.6 million packages each day. FedEx currently has a 45 – 50 % market share and thus deliv ....
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Words: 2404 - Pages: 9
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