FedEx pioneered overnight delivery in 1973 and remains the world's largest express package provider. In its fiscal 2022 (ended May 2022), FedEx derived 51% of revenue from its express division, 37% from ground, and 10% from freight, its asset-based less-than-truckload shipping segment. The remainder comes from other services, including FedEx Office, which provides document production/shipping, and FedEx Logistics, which provides global forwarding. FedEx acquired Dutch parcel delivery firm TNT Express in 2016. TNT was previously the fourth-largest global parcel delivery provider.
Integrated Freight & Logistics
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