FedEx Ground
Type | Subsidiary |
---|---|
Industry | Transportation |
Founded | 1985 as RPS; Merged with Federal Express in 1998, rebranded as FedEx Ground in 2000 |
Headquarters | Moon Township, Pennsylvania |
Area served | United States & Canada |
Key people | John.A.Smith, President and CEO |
Products | Delivery |
Revenue | US$120.6 billion (FY2020)[1] |
Number of employees | More than 65,000 employees and independent contractors (June 2010) |
Parent | FedEx Corporation |
Website | www |
FedEx Ground is a subsidiary of the FedEx Corporation which specializes in ground transportation, usually long-haul truck transportation, for parcels.[2] It is headquartered in Moon Township, Pennsylvania, a suburb of Pittsburgh. It was originally founded as Roadway Package System (RPS) as a lower cost competitor to UPS and took advantage of new barcode, material handling, and computer technologies.[citation needed] The FedEx Ground Network also contains FedEx Home Delivery for residential shipping and FedEx Ground Economy, the latter of which was formerly known FedEx SmartPost.
FedEx advertises both services as "low-cost shipping services" and claims that they deliver to more locations than UPS Ground.[2][3] FedEx Ground delivers every day of the week to all 50 US states and additionally offers recipients to choose an evening or appointment-based delivery. FedEx claims all Ground packages will arrive within 1-5 days for the Contiguous United States and 3-7 days for Alaska and Hawaii. FedEx additionally offers FedEx International Ground for shipments between the United States and Canada, as well as within Canada.[2]
History[]
After beginning service on March 11, 1985, RPS grew, expanding service from its initial coverage of the Mid-Atlantic states, so much so that it eventually became the largest subsidiary of its parent company, Akron-based Roadway Services. By 1996, RPS had achieved 100% coverage of the US and Canada. By this time, parent company Roadway Services had been reformed as a new holding company called Caliber System, Inc.[citation needed]
In 1997, Fred Smith, founder of FedEx, contacted Dan Sullivan, co-founder of RPS and now president of Caliber System, about merging the two companies.[4] The acquisition of Caliber System was finalized in January 1998.
In 2000, FedEx merged the Caliber System operating companies into the FedEx organization with, Roberts Express becoming FedEx Custom Critical and RPS becoming FedEx Ground. American Freightways and Viking Freight, which initially operated under its original name, was re-branded FedEx Freight in 2001.[5]
In 2004, FedEx acquired ParcelDirect and renamed it to FedEx SmartPost, which was later renamed to FedEx Ground Economy. This service is contractual between FedEx and other businesses; ordinary shippers will use Ground or Home Delivery. Originally, SmartPost used the FedEx network in transit and delivers packaged to the United States Postal Service for last mile delivery; today, FedEx offers to deliver Ground Economy parcels directly.[6]
References[]
- ^ "FedEx 2019 Form 10-K Annual Report" (PDF). sec.gov. U.S. Securities and Exchange Commission. July 16, 2019.
- ^ Jump up to: a b c "FedEx Ground". FedEx. Retrieved May 20, 2021.
- ^ "FedEx Home Delivery". FedEx. Retrieved May 20, 2021.
- ^ Delivering the goods
- ^ "StackPath". www.fleetowner.com. Retrieved May 20, 2021.
- ^ "Is FedEx Ground Economy the same as FedEx SmartPost? (FAQ) - Detailed Image". www.detailedimage.com. Retrieved May 20, 2021.
- ^ Birkner, Christine (August 24, 2016). "FedEx Is Making All of Its Logos Purple and Orange, Its Most Recognized Color Scheme". ADWEEK.
External links[]
- FedEx
- American companies established in 1985
- 1985 establishments in Pennsylvania
- Companies based in Allegheny County, Pennsylvania
- Moon Township, Allegheny County, Pennsylvania
- Transport companies established in 1985
- Transportation companies based in Pennsylvania
- Logistics companies of the United States