SupplyChain Magazine January 2022 | Page 27

TOP 100 COMPANIES 08 07

FedEx
Year Founded : 1971 Industry : Transportation / e-Commerce / Third-party logistics
Deloitte
Year Founded : 1845 Industry : Professional Services
FedEx Corporation is an American multinational conglomerate holding company specialising in transportation , e-commerce and business services . It has its HQ in Memphis , Tennessee .
It is a leader in the third-party logistics industry . Among the services it offers are : warehousing , inventory and fulfillment ; distribution ; inventory logistics ; reverse logistics and returns ; and repair and refurbishment .
The company was founded by Yale graduate Frederick W . Smith , who based the idea on a term paper about a system designed for urgent deliveries .
By 2015 , FedEx was successful enough to acquire rival firm , TNT Express , for € 4.4 billion ( US $ 4.8 bn ) as it looked to expand its operations in Europe .
Deloitte is a leading global provider of audit and assurance , consulting , financial advisory , risk advisory , tax , and related services .
The company employs around 330,000 people in 150 countries and territories . Through its WorldClass initiative , the company says that by 2030 it will be helping 50 million people , by developing job skills and improving educational outcomes .
It was founded by William Welch Deloitte in London in 1845 and expanded into the United States in 1890 . It merged with Haskins & Sells to form Deloitte Haskins & Sells in 1972 , and then with Touche Ross in the US to form Deloitte & Touche . It was later renamed Deloitte Touche Tohmatsu , which was then abbreviated to Deloitte .
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