FedEx Corporation (FDX) is a global transportation and logistics company that pioneered overnight delivery in 1973. Following the June 2026 separation of FedEx Freight, the Federal Express segment, which contains the core parcel-delivery business, contributes more than 95% of total revenue, compared with about 87% previously. Other businesses include FedEx Office for document production and shipping and FedEx Logistics for global freight forwarding. The 2016 acquisition of TNT Express significantly expanded FedEx's European presence.