FedEx Marks 40th Anniversary
London, April 17, 2013 – The company that launched the overnight delivery industry is forty years old. On April 17, 1973, FedEx Corp. (NYSE: FDX), then known as Federal Express, began operations at the Memphis International Airport with the delivery of 186 packages to 25 U.S. cities. Europe played a key role in getting the fledgling start-up company off the ground as the first cargo aircraft fleet of Federal Express was entirely made up of Falcon jets built by the French aircraft manufacturer, Dassault Aviation. The Falcon laid the foundation for future generations of FedEx cargo planes until it was phased out in 1983.
Today, globally FedEx and its four operating companies handle more than nine million packages each day via a high-tech network designed to connect customers by air, land and sea to more than 220 countries and territories worldwide.
“For 40 years, the men and women of FedEx have dedicated themselves to helping our customers connect to the world,” said Frederick W. Smith, chairman, president and chief executive officer, FedEx Corp. “Today, our more than 300,000 team members mark this milestone with a spirit of service and dedication that ensures 40 years is only the beginning.
“FedEx UK operations provide our customers with top quality service, from both a UK and an intercontinental perspective,” said Trevor Hoyle, managing director, Ground Operations UK and Ireland, FedEx Express Europe, Middle East, Indian Subcontinent and Africa (EMEA). “Whilst our customers in the UK value our service, above all they tell us how much they value the access which FedEx Express offers to our global network, enabling them to export to countries and territories responsible for over 90 percent of the world’s GDP. I would like to thank both our employees and customers for making the past 40 years so successful and to toast to the next 40 years.”
FedEx: Yesterday and Today
Since launching operations in 1973, FedEx has grown into both a driver and indicator of the global economy, linking 90 percent of the world’s GDP. The year 1985 marked the start of regularly-scheduled flights between the U.S. and Europe and in the past 18 months alone, FedEx Express in Europe has added more than 2,700 new team members bringing the total to 19,910. In addition, the total number of stations now stands at 175.
In the UK and Ireland, where FedEx Express has been operating since 1984, the company employs 5,180 team members and has 84 stations.
Today, FedEx encompasses diverse yet complementary businesses that cover a full range of logistics and business solutions designed for the needs of today’s global and local commerce.
The company that made its mark with the overnight delivery has adapted to meet the changing needs of its customers over the past four decades, pioneering advances in the process of moving and tracking goods around the world. Its portfolio now includes a robust variety of shipping options including Ground, Freight and ocean-based services, as well as business solutions designed to meet the needs of customers from start-ups to international corporations.
From the beginning, the company’s innovative “hub and spoke” approach to transportation and seamless integration of cutting-edge IT systems set FedEx apart, and laid the groundwork for a sophisticated network capable of moving millions of packages around the world. On its busiest day since launching 40 years ago, December 18, 2012, FedEx processed 19.8 million packages. It is estimated that FedEx has shipped more than 31 billion packages since 1973.
To celebrate 40 years of FedEx history we’ve compiled some of the most unique and unusual moments in our collective corporate history. We bet you didn’t know that…
· FedEx transported 90 tonnes of stranded materials for the "Titanic: The Artifact Exhibition," including a 3,000 pound piece of the ship's hull, from Milan, Italy, to Atlanta, Ga., via a FedEx Express MD-11 in 2006.
· FedEx shipped a delectable three-tonne shipment of a chocolate replica of the Notre-Dame Cathedral from the Salon du Chocolat show in Paris to the Chocolate Show Event in New York.
· FedEx transported Russian Empress Catherine the Great's collection of historic artifacts from St. Petersburg to Memphis for a special exhibition.
· There are 365 hybrid-electric vehicles in the FedEx’ fleet. Since hitting the road in 2004, more than 1.1 million liters of fuel have been saved.
· FedEx transported the “Phoenix” capsule, a device used to aid in the rescue of 33 miners who were trapped for nearly ten weeks in a Chilean mine. Following the rescue, the capsule toured the globe before returning to Santiago, Chile.
· FedEx transported 127 crates of historic Machu Picchu artifacts from Newark, N.J. to Lima, Peru to be displayed in their new museum home.
· Seventeen classic Ferraris, worth millions of dollars, were shipped via FedEx from Brussels to the U.S. for a car show.
· FedEx helped bring Jaws to life by carrying the star, a 13-foot tiger shark from Florida, in a 15-foot casket to Martha’s Vineyard, Mass., where the film was shot, in 1974.
· FedEx Express transported 630 tons (504,000 bottles of 2004 Beaujolais Nouveau wine from Lyon-Saint-Exupery Airport to Japanese enthusiasts anticipating the annual uncorking on November 18, 2004
For additional FedEx anniversary information, and historical images, visit:
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