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FedEx Corporation, originally known as FDX Corporation, is a logistics services company, based in the United States with headquarters in Memphis, Tennessee. The name "FedEx" is a syllabic abbreviation of the name of the company's original air division, Federal Express, which was used from 1973 until 2000. - Source: Wikipedia
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FedEx also has said it plans to hire up to 70,000 seasonal workers to handle extra holiday deliveries, a jump from 55,000 last year.
FedEx's profit jumps as residential deliveries soar →
FedEx said in a statement said that company officials “are working with investigators to fully understand the matter.”
