GENCO, A FedEx Company, began in 1898 as H. Shear Trucking Company. Hyman Shear delivered commodities in Pittsburgh and surrounding communities by horse and wagon until purchasing his first gas-powered truck in 1917. Within a short time, the company was operating a small fleet of trucks and servicing an expanded area.
Through the 1970s and 1980s, GENCO expanded its third-party logistics service offerings to include public warehousing, distribution and product postponement services. In the late 1980s, the company transformed product returns management by developing a centralized returns process known today as reverse logistics.
In 1995, the company consolidated divisions and service offerings under one name: GENCO Distribution Systems. Over the decades that followed, GENCO continued to grow through key acquisitions, innovations and expansion of service offerings.
FedEx acquired GENCO in 2015 and continues to expand its network to meet the evolving needs of customers. GENCO brings a range of third-party logistics services — from fulfillment capabilities such as distribution and warehousing to returns processing and recommerce — that benefit e-tailers and greatly expand the FedEx e-commerce portfolio.