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Fedex Corporation  (FDX)
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Fedex's

Competitiveness


 

FDX Sales vs. its Competitors Q4 2023



Comparing the current results to its competitors, Fedex reported Revenue decrease in the 4 quarter 2023 year on year by -2.84 %, slower than the combined decrease of the FDX's competitors by -6.83 %, recorded in the same quarter.

List of FDX Competitors

With a net margin of 4.06 % Fedex achieved higher profitability than its competitors.

More on FDX Profitability Comparisons



Revenue Growth Comparisons




Net Income Comparison


Fedex CorporationNet Income in the 4 quarter 2023 grew year on year by 14.21%, while most of its competitors have experienced a contraction in net income by -44.79 %.

<<  FDX Stock Performance Comparisons


Fedex's Comment on Competitors and Industry Peers


The transportation and business services markets are both highly competitive and sensitive to price and service, especially in periods of little or no macro-economic growth. Some of our competitors have more financial resources than we do, or they are controlled or subsidized by foreign governments, which enables them to raise capital more easily. We also compete with regional transportation providers that operate smaller and less capital-intensive transportation networks. In addition, high volume package shippers are developing in-house ground delivery capabilities, which would in turn reduce our revenues and market share. We believe we compete effectively with these companies — for example, by providing more reliable service at compensatory prices. However, an irrational pricing environment can limit our ability not only to maintain or increase our prices (including our fuel surcharges in response to rising fuel costs), but also to maintain or grow our market share. While we believe we compete effectively through our current service offerings, if our current competitors or potential future competitors offer a broader range of services or more effectively bundle their services or our current customers become competitors, it could impede our ability to maintain or grow our market share.

Competitors within the U.S. include other package delivery concerns, principally United Parcel Service, Inc. (“UPS”), passenger airlines offering express package services, regional delivery concerns, air freight forwarders and the USPS. FedEx Express’s principal international competitors are DHL, UPS, TNT Express, foreign postal authorities, freight forwarders, passenger airlines and all-cargo airlines. Many of FedEx Express’s international competitors are government-owned, -controlled or -subsidized carriers, which may have greater resources, lower costs, less profit sensitivity and more favorable operating conditions than FedEx Express.

FedEx Ground is headquartered in Pittsburgh, Pennsylvania, and its primary competitors are UPS, the USPS and regional delivery carriers.

FedEx Freight’s primary competitors are YRC Worldwide Inc. (which includes YRC Regional Transportation and YRC Freight), Con-way Freight (a subsidiary of Con-way Inc.), UPS Freight, Old Dominion Freight Line, Inc. and ABF Freight (a subsidiary of ArcBest Corporation).

 

 





  

Overall company Market Share Q4 2023

despite revenue deterioration, Fedex increased its market share in this segment.

company increased its market share in this segment to approximately 40.02 %.


<<  More on FDX Market Share.
 
*Market share is calculated based on total revenue.

  News about Fedex Corporation Contracts

title: FedEx's Groundbreaking fdx Platform Revolutionizes Data-Driven Commerce and Customer Journeys

FedEx Announces First-Of-Its-Kind Data-Driven Commerce PlatformIn a groundbreaking move, FedEx Corp. (NYSE: FDX) has unveiled fdx, the first data-driven commerce platform that aims to streamline the entire customer journey. Through the integration of advanced technology and innovative solutions, FedEx is paving the way for companies to enhance demand, conversion rates, fulfillment optimization, and return processes. With this unparalleled platform, FedEx stands out as the sole logistics company offering end-to-end e-commerce solutions, catering to businesses of all sizes.FedEx recognizes the need to adapt to the evolving digital landscape, and the company's transformation into a digitally-led business has pl...





Who are Fedex Corporation's Competitors?




C h Robinson Worldwide Inc
Share Performance



-12.75%
This Quarter



C h Robinson Worldwide Inc
Profile

C.H. Robinson Worldwide Inc is a logistics company that operates as a third-party logistics (3PL) provider. They offer a wide range of transportation and logistics services to help companies optimize their supply chain management.

More about C h Robinson Worldwide Inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 9,101.221 mill. $ 17,596.443 mill. $ 325.129 mill.


Forward Air Corporation
Share Performance



-53.15%
This Year



Forward Air Corporation
Profile

Forward Air Corporation operates as a transportation and logistics company that provides expedited less-than-truckload (LTL) services, including final mile, truckload, intermodal drayage, and pool distribution. They specialize in time-definite services primarily to the North American air cargo and freight forwarding industries.

More about Forward Air Corporation's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 757.815 mill. $ 1,370.735 mill. $ 167.351 mill.


United Parcel Service Inc
Share Performance



+0.58%
30 Days



United Parcel Service Inc
Profile

United Parcel Service Inc (UPS) operates as a global logistics company, utilizing a hub and spoke distribution model to provide package delivery, freight forwarding, and specialized transportation services. It offers a wide range of solutions to efficiently transport goods, manage supply chains, and provide technology-driven logistics solutions to businesses worldwide.

More about United Parcel Service Inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 127,821.800 mill. $ 90,958.000 mill. $ 6,708.000 mill.


Expeditors International Of Washington Inc
Share Performance



-4.34%
This Year



Expeditors International Of Washington Inc
Profile

Expeditors International of Washington Inc is a global logistics company that provides supply chain solutions to businesses. They act as intermediaries between manufacturers, exporters, and importers, offering services such as transportation, customs brokerage, and warehousing to ensure efficient and smooth movement of goods worldwide.

More about Expeditors International Of Washington Inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 17,992.482 mill. $ 10,463.870 mill. $ 807.371 mill.


Air T Inc
Share Performance



+3.91%
Over The Past 5 Days



Air T Inc
Profile

Air T Inc is a diversified holding company that primarily operates in two segments: the overnight air cargo segment, through its subsidiary Air T Worldwide, and the ground equipment sales and service segment, through its subsidiary Global Ground Support. It focuses on providing air transportation services and selling/maintaining ground support equipment, catering to various industries including airlines, ground handling companies, and airports.

More about Air T Inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 62.987 mill. $ 288.530 mill. $ -13.499 mill.


Air Transport Services Group Inc
Share Performance



-20.04%
This Year



Air Transport Services Group Inc
Profile

Air Transport Services Group Inc (ATSG) operates as a leading provider of air cargo transportation and related services. The company's business model focuses on leasing aircraft and providing aircraft maintenance, repair, and overhaul (MRO) services to a diverse range of customers worldwide. ATSG collaborates with various major airlines and cargo carriers, offering flexible, cost-effective solutions for their cargo transportation needs.

More about Air Transport Services Group Inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 959.997 mill. $ 2,086.596 mill. $ 117.986 mill.


Pitney Bowes Inc
Share Performance



+12.18%
30 Days



Pitney Bowes Inc
Profile

Pitney Bowes Inc's business model centers around providing a range of services and solutions related to shipping, mailing, and ecommerce. They offer technology platforms, software, and logistic services to help businesses manage their mailing and shipping needs efficiently.

More about Pitney Bowes Inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 758.984 mill. $ 3,266.348 mill. $ -385.627 mill.


Ryder System Inc
Share Performance



+1.96%
This Quarter



Ryder System Inc
Profile

Ryder System Inc is a transportation and supply chain management company that offers a wide range of logistics services, including fleet management, dedicated transportation, and supply chain solutions. Their business model revolves around providing customized and integrated solutions to help companies optimize their transportation and distribution networks.

More about Ryder System Inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 5,589.592 mill. $ 11,783.000 mill. $ 406.000 mill.



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