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Investor Relations

Acquisition History




Federal Express Corporation is founded in Little Rock, AR in 1971 by Frederick W. Smith

 
YEAR ACQUISITION OVERVIEW
1984 Gelco Express International FedEx dramatically expands its presence outside of the U.S. with the acquisition of Gelco Express, a worldwide courier with service to 84 countries.
1989 Tiger International Inc. With the integration of the Flying Tiger Line, FedEx becomes the world's largest full-service, all-cargo airline. The acquisition includes routes to 21 countries, a fleet of cargo aircraft including Boeing 747s, facilities throughout the world and Flying Tigers' expertise in international airfreight.
1998 Caliber System Inc. FedEx creates FDX Corporation (later renamed FedEx Corporation) and grows its portfolio of services with the addition of ground small-package carrier RPS (now FedEx Ground), Western U.S. less-than-truckload carrier Viking Freight (now part of FedEx Freight), Caliber Logistics (now FedEx Supply Chain Services), Caliber Technology (now part of FedEx Services) and Roberts Express (now FedEx Custom Critical).
2000 Tower Group International Inc.
WorldTariff Ltd.
FedEx Corp. creates FedEx Trade Networks. Today, FedEx Trade Networks is one of the largest-volume customs entry filers in North America and provides FedEx customers with end-to-end transportation and customs clearance solutions around the world.
2001 American Freightways Corp. FedEx Corp. acquires this less-than-truckload carrier serving the Central and Eastern U.S. to complement Viking Freight. Rebranded as FedEx Freight in 2002, these companies combine to make FedEx Freight a leader in the regional less-than-truckload shipping industry.
2004 Kinko's Inc. FedEx Corp. expands its retail access to all of the 1,200 Kinko's stores. With the backing of a FORTUNE 100 corporation, Kinko's gains the resources and expertise needed to continue expansion of its corporate document outsourcing business and international operations.
2004 Parcel Direct FedEx Corp. broadens its residential delivery portfolio with the acquisition of Parcel Direct, a leading parcel consolidator. Parcel Direct becomes a subsidiary of FedEx Ground and is renamed FedEx SmartPost. The company offers a proven solution to customers in the fast-growing e-tail and catalog industries seeking a cost-effective means of shipping low-weight, less time-sensitive goods to residential customers.
2006 ANC Holdings Limited FedEx Corporation acquires ANC Holdings Limited, a United Kingdom domestic express transportation company for £120 million. This transaction will allows FedEx Express to directly serve the entire UK domestic market.
2006 Watkins Motor Lines FedEx Corp. acquires Watkins Motor Lines, a leading provider of long-haul LTL services. Watkins is rebranded FedEx National LTL and operates as a separate network within the FedEx Freight segment.
2007 Tianjin Datian W. Group Co., Ltd. FedEx Corp. acquires Tianjin Datian W. Group Co., Ltd.'s ("DTW Group") 50 percent share of the FedEx-DTW International Priority express joint venture and DTW Group's domestic express network in China for approximately US$400 million in cash.
2007 Prakash Air Freight Pvt. Ltd. FedEx Corporation acquires its Indian service provider, Prakash Air Freight Pvt. Ltd. (PAFEX).
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