FedEx, previously known as Federal Express Corp, was founded in 1971 by CEO and Chairman Federick W Smith, a Yale undergraduate who was focused on creating a ground-breaking new system for the safe delivery of time-sensitive shipments.
By 1973, Federal Express had launched its overnight service in the US, marking the beginning of the modern air/ground express industry we know today.
FedEx went on to launch its international service in 1981 with 'Overnight Letter' to Canada and opened its World Hub adjacent to Memphis International Airport. The 'FedEx' brand was officially adopted in 1994 along with the launch of FedEx.com, the first transportation website to offer online parcel tracking.
Today FedEx delivers an average of 18m packages per day with over 200k motorized vehicles and 680 aircraft.
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If you want to send a package with FedEx in the US, there are lots of services to choose from depending on how quickly your item needs to arrive. Same day and overnight services obviously offer the quickest delivery time, but express shipping is more expensive than slower services.
FedEx Home Delivery takes 2-5 businesses days and is particularly popular for personal shipments as it delivers 7 days a week to residential addresses in the US. The business equivalent of this is FedEx Ground which delivers Monday-Friday to business addresses.
Generally, FedEx is cheaper for international shipping, but UPS is cheaper for domestic. If you're an individual shipping a package, the difference between UPS and FedEx is minimal, it's often down to personal choice.