FedEx & UPS

7 Pages 1824 Words

Introduction

In the last 20 years, guaranteed two-day and overnight delivery service has resulted in drastic changes in business’ perceptions of “timely”.

The Pony Express delivered messages for only a few months until the telegraph rendered it obsolete. Many think that fax machines and e-mail do the same thing to the overnight market. So far this has not been the case. The industry has continued to change nonetheless, hastened by the march of technology.

As manufacturers and sellers have focused on driving costs down in a more competitive marketplace, inventory management has become an increasingly important issue. The package delivery industry has responded with packages and services that make better inventory management possible. The industry offers many price structures, timing options, and tracking information alternatives for a variety of different needs.

Business Summary

FedEx Corporation (FedEx) is a global provider of transportation, e-commerce and supply chain management services. Services offered by FedEx companies, through over 215,000 employees and contractors, include worldwide express delivery, ground small-parcel delivery, less-than-truckload freight delivery, supply chain management, customs brokerage, and trade facilitation and electronic commerce solutions. FedEx offers its integrated business solutions through a portfolio of operating companies, including Federal Express Corporation, the Company's largest subsidiary.

United Parcel Service Inc. (UPS) is an express carrier, package delivery company and a global provider of specialized transportation and logistics services. Over the course of more than 90 years, the Company has expanded from a small regional parcel delivery service into a global company. UPS delivers packages each business day for 1.8 million shipping customers to six million consignees. The Company's primary business is the time-definite delivery of packages and documents t...