FedEx Corporation is a US multinational transportation, e-commerce and business services company listed on the NYSE under the ticker FDX. Frederick W. Smith founded it as Federal Express Corporation on May 5, 1971 in Little Rock, Arkansas, and moved operations to Memphis, Tennessee in 1973, where the company is still headquartered. It reported revenue of US$94.72 billion in fiscal 2026, up 7.73% from US$87.93 billion the year before, and its market capitalisation stood at about US$75.95 billion in July 2026. FedEx says it has more than 575,000 team members worldwide.
The group runs through operating units including FedEx Express, FedEx Ground, FedEx Logistics, FedEx Office and FedEx Dataworks, with its main air hub at Memphis International Airport. Two structural changes reshaped the company in 2026. FedEx completed the spin-off of FedEx Freight on June 1, 2026, creating a separate NYSE-listed company under the ticker FDXF, and on July 1, 2026 it agreed to sell FedEx Supply Chain to France's CMA CGM Group at an enterprise value of US$1.4 billion. Raj Subramaniam has been president and CEO since 2022, R. Brad Martin is executive chairman, and Claude Russ is interim CFO.
In India, the business runs under Federal Express Corporation AMEA and the locally registered FedEx Express Transportation and Supply Chain Services (India) Private Limited, incorporated on December 29, 2010 with the Registrar of Companies in Mumbai. Mumbai is the sub-regional headquarters for the Indian subcontinent and Hyderabad hosts the company's first Advanced Capability Community, a technology and digital hub opened in December 2023 with a US$100 million investment. FedEx also has offices in Bengaluru, New Delhi and Gurugram, and in February 2026 it broke ground on a 300,000 square foot fully automated air cargo hub at Navi Mumbai International Airport backed by a long-term investment of Rs 2,500 crore.