FedEx Express And Competitors

Oct. 21, 2009 - PRLog -- When it comes to international airfreights, there are several companies that competes in this market. One of the biggest known airfreight company in the world is the a subsidiary of FedEx known as FedEx Express. FedEx Express is the world's largest airline in terms of aircraft and in terms of freight tons flown. It is a subsidiary of FedEx Corporation and delivers packages and freight to more than 375 destinations in nearly every country each day.

Growth of FedEx Express
FedEx Express' rapid growth was when the 1977 Public Law Act 95-163 were enacted, removing restrictions on the routes operated by all-cargo airlines, and enabled Federal Express to purchase its first large aircraft: seven Boeing 727s. Since then, the went public and was listed on The New York Stock Exchange in 1978.

Today, although FedEx Express suffered major losses because of the economic downturn, which also lead to the company closing an Asian-Pacific hub at Subic Bay in 2006, FedEx Express is still considered the largest airfreight in the world. According to freight philippines companies, FedEx Express opened a new hub at Piedmont Triad International Airport in Greensboro, North Carolina on June 2, 2009.

Major Competitors
Other than FedEx Express, other courier companies have also provided international airfreight services. These includes UPS Airlines, TNT Airlines, and DHL Aviation. According to freight philippines companies, FedEx Express' main competitor in the airfreight market is DHL. DHL Aviation is a division of DHL Express (owned by Deutsche Post World Net) responsible for providing air transport capacity. It is not a (single) airline but refers to several airlines owned, co-owned or chartered by DHL Express. The combined fleet consists of over 350 aircraft. One market that FedEx Express and DHL competed is the overnight delivery service.

Although DHL Express was one of the only truly international delivery companies, and the only one offering overnight service, FedEx Express took these over. DHL turned their attention to the overnight market in the US, following the success of FedEx, and opened a major distribution hub in Cincinnati in 1983. However, DHL was never able to overcome FedEx's head start, capturing only 6% of the domestic market.

In comparison, at the same time they were by far the largest international carrier, with 40% of that market. According to freight philippines companies, by the late 1980s the domestic operations of DHL Express were losing money, while the foreign operations continued to account for 2/3rds of the company's income. For more information visit to our site at http://www.lbcexpress.com