The Federal Express Corporation slogan- ‘the world on time‘ is one of the largest airlines in the world. The cargo airline has its base in the South-Eastern part of the United States, precisely in Memphis, Tennessee. The company was founded in 1971, by Mississippi-born Fredrick W. Smith, the company owns one of the largest fleets of planes and one of the largest freight tons flown. Let us know ‘Does FedEx Have Planes?’.
FedEx has larger than 650 aircraft that deliver freight and various packages across about 375 destinations in more than 200 countries on almost all continents. The company makes use of top-rated aircraft that aid speed and accommodate a larger quantity of packages. The Airbus 300, Boeing 727, MD-10/11, and Cessna 208, among others.
FedEx Air Hubs
FedEx has a worldwide network of 12 air hubs located in various airports around the world. Apart from its Global Hub otherwise called Super Hub, located in its headquarters, the company has National Hubs, Regional Hubs, and International Regional Hubs it makes use of. Below are the airports in which these hubs are located.
- Global Hub
Memphis International Airport
- National Hub
Indianapolis International Airport
- Regional Hubs
Oakland International Airport
Fort Worth Alliance Airport
Newark Liberty International Airport
Miami International Airport
Piedmont Triad International Airport
Ted Stevens Anchorage International Airport
- International Regional Hubs
Guangzhou Baiyun International Airport
Cologne Bonn Airport
Kansai International Airport
Paris-Charles de Gaulle Airport
Liege Airport
Toronto Pearson International Airport
FedEx Corporation’s Subsidiaries
FedEx Corporation does not only deal in delivering packages on air alone. But uses other means of transportation like land and sea, which have been given the names; FedEx Ground, FedEx Express, and FedEx Freight.
FedEx Ground:
FedEx Ground takes care of the delivery of small packages and home deliveries across the United States and Canada. The FedEx ground has its headquarters in Pennsylvania and was formerly called Roadway Package System till 1998. FedEx Ground delivers packages to commercial and residential addresses with less than 150lbs. It makes use of trucks and delivery vans in the delivery of goods which could take between 1-5 days.
Delivery rates by ground are cheaper. FedEx Ground also delivers US posts to the nearest post office through the FedEx Ground Economy, formerly called SmartPost, to its final destination before it is picked up by the United States Post Service (U.S.P.S) for final delivery to the customer.
It is very important to make sure that the correct shipping address and other required details for the delivery are accurate, to avoid longer delivery periods.
FedEx Freight:
FedEx Freight delivers goods larger than 150lbs across various routes. They deliver bulk goods via train, air, or road. The company delivers less than truckload services across (L-T-L), that is FedEx freight delivers goods for customers whose products cannot fill an entire truck, so they deliver their goods alongside other shippers.
Intrastate delivery takes about 1-2 working days, regional shipments take between 2-4 working days, and cross-country deliveries take between 4-6 working days. FedEx Freight Priority takes between 1-3 days and if you are using FedEx Freight Economy, your package will be delivered within 3-6 days.
The company also makes international freight deliveries across about 50 states which also takes between 1-3 days. FedEx Freight Direct is also available for both residential and home deliveries
FedEx Express:
While other divisions of FedEx Corporations take care of day-bound deliveries, FedEx Express takes care of time-bound deliveries. The subsidiary delivers across continents to about 220 countries. The FedEx Express majorly makes use of airplanes to deliver time-sensitive bulk goods. Packages are time-bound; 10:30 am, 12 noon, and 3 pm within one to three days.
In 2022, FedEx Express restored its money-back guarantee for domestic and export shipments in the United States for selected FedEx Express services.
FedEx Non-served Areas
For now, FedEx does not serve the following countries:
- The central African Republic
- Cuba
- Equatorial Guinea
- Comoros
- Falklands
- Guinea Bissau
- Iran
- North Korea
- Johnston Island
- Kiribati
- Mayotte Island
- Myanmar
- Somalia
- Sudan
- St. Helena
- Nauru
- Niue
- Sao Tome & Principe
- Saint Pierre Et Miquelon
- Sierra Leone
- Solomon Islands
- Syria
- Tajikistan
- Tuvalu
- Tokelau Islands
- Republic of Turkemenistan
- Wake Islands
Conclusion
FedEx has employed more than 800,000 staff in its company which has helped the company realize revenue growth from year to year. With total revenue growth from $50.4B in 2016, to $69.7B in 2019, the company has made a predicted annual growth of about 4.1% to achieve a total of $75.5B in 2021.
FedEx Corporation’s total revenues grew from $50.4 billion in fiscal 2016 to $69.7 billion in fiscal 2019.FedEx Express contributes about 57% of the corporation’s total revenue, FedEx Ground, at 31%, and FedEx Freight at 12%.
In 2019, the total assets of the company were estimated at $54.403 billion and increased in 2020 to $73.537 billion. By 2021, the total assets boosted by 12.57% to become $84,108 billion by February 2022.
The annual salary of a FedEx pilot ranges between $39,981 to $415,062 and an average of $221,135 yearly.
FedEx operates the largest transport and logistics company globally and was named on the Forbes list of the world’s largest companies. FedEx Express has also won an award at the first edition of Britain’s Customer Service of the year award. The company was awarded for taking its customers a priority and for improving its services and delivery networks to satisfy customers.
Frequently Asked Questions
- Do FedEx Planes Fly Often?
FedEx planes fly regularly to deliver goods to customers. About 150 FedEx planes are en route to their air hubs between nighttime and the early hours of the morning. The goods are offloaded in the air hub’s sorting system after landing.
- Can FedEx Planes Carry Passengers?
FedEx planes do not have seats and do not carry people. Only the pilot, flight engineer, and a few other staff may be on the plane. Cargo planes do not even have as many windows as passenger planes.
- Does FedEx Use Other Airlines For Delivery?
FedEx only makes use of FedEx Express for the delivery of its bulk goods.
