FedEx (Federal Express) is an international parcel delivery service courier based in the United States. The corporation was founded back in 1971 by Fredrick Smith in Arkansas. Let us know more detail about ‘FedEx Competitors’.
FedEx Competitors
With its continuous growth, several courier services have also developed. These FedEx competitors are working to dominate the parcel delivery market. Despite the struggle, only one of the competitors has managed to defeat FedEx in its operations.
FedEx led the package tracking system which provides real-time updates on the actual location of a parcel.
Currently, there are many couriers some trying to outdo their founder FedEx.
Let’s talk about those in the front row with FedEx:
• United Parcel Services (UPS)
This is a multinational shipping company founded in 1907 by James Casey. It was formerly known as the American Messenger Company and it specialized in telegraphs. UPS widened its services from a telegraphing company and currently, it’s among the fortune 500 companies.
It is well known for its ground shipping services plus it has its store called UPS store which takes part in UPS shipments and gives tools for businesses. The service has the largest revenue in the market followed by FedEx and DHL.
• DHL
This is a logistics company from Germany that provides express mail, package delivery, and courier services. Its sub-branch DHL Express is the leading parcel service provider in Europe and German’s main courier service. It was founded in 1969 by Larry Lee Hillblom, an American businessman who later sold it due to bankruptcy.
It started operations from San Fransisco in the States and slowly expanded its horizons to other parts of the world. DHL delivers small packages in association with United States Postal Services through its micro-network DHL Global Mail.
• APL Logistics
This is a Japan-based freight forwarding and transportation company with its headquarters in Singapore. It is known for its global chain supply specialty. It was founded in 1980 after importers became needy for a way to manage the flow of their goods.
APL created American Consolidation Services which was responsible for monitoring the movement of goods to consolidation points and shipping of goods according to the requirements of the buyer. From its root in Japan, the logistics company currently operates in over 60 countries with no specific field for it has its hands in all the markets from the automobile market to retail traders.
• XPO logistics
It was founded in 1989 by Keith Avery and Michael Welch. Its main aim was to reduce the truckload and truck brokerage. The headquarters of this company is in Greenwich, Connecticut in the U.S
Originally it was called Express-1 Solutions Inc but after an American businessman purchased it, he renamed it XPO logistics. After the
purchase, the businessman expanded its networks to North America and this increased its popularity hence its use.
Currently, XPO offers its service in up to 18 different countries with offices in Greenwich, Buchanan, Ann Arbor, Carol Stream, and 9 other offices spread in the world
• TNT
Thomas Nationwide Transport is an Australian-based logistics company founded in 1946. Ken Thomas was the founder who owned one truck and used it to transport commodities hence the name.
The company provides mail, parcel, and e-commerce services to Germany, Italy, the Netherlands, Belgium, and other parts of the world. It is a distribution company with its headquarters located in the Netherlands.
It currently offers road and air delivery services to all parts of the world. It became a branch of FedEx in 2015 intending to expand its operations. Despite being FedEx’s branch, it still competes with FedEx in the distribution chain.
• DB Schenker
It is a division of Deutsche Bahn a German rail operator focusing on logistics. It was acquired in 2002 and deals in air, land, sea, and freight contracts. Deutsche Bahn is the largest rail operator and infrastructure owner in Europe with DB Schenker Logistics and DB Schenker Rail as units. The two units above were combined and now operate as a combined sector.
The company deals with many global and local firms, in addition, it also deals with some of the large multinational supply chains of commodities.
Deutsche Bahn also owns DB Cargo the largest cargo transporter in the United Kingdom.
Conclusion
In conclusion, FedEx is in the logistics, shipping, freight, and delivery sector and it has some competitors. The competitors can either be some of its sub-branches or other companies dealing in the same field with FedEx and offering similar services or a bit different to the company.
Despite the competition, FedEx is still among the top if not the leading parcel and freight delivery services. As we know for something to be significant it needs a bit of competition so that the firm can put its best foot forward. Therefore, the above companies are among the reasons why FedEx is ensuring the provision of quality services to us.
