FedEx Express
Time-definite delivery, sold by the day or the hour rather than by a range. Covers overnight and international express. See FedEx Priority Overnight and FedEx Express Saver for what each tier actually costs.
Carrier identity
Federal Express is the company FedEx started as
Federal Express Corporation was incorporated in 1971 and ran its first overnight packages in 1973, 186 of them on the first night. The company operates under the FedEx name today, and FedEx Corporation now covers several distinct service families rather than one product. This page maps the name and the family; the rate and transit pages linked below cover the actual numbers.
FedEx investor history, read 2026-08-31No rates on this pageFour service families mapped
One company, several brands
Federal Express in 1971, FedEx Corporation today, four service families under it.
Where the name comes from
The company was incorporated as Federal Express Corporation in 1971 and began flying and delivering overnight packages in 1973, with 186 packages moved on that first night, according to FedEx's own investor relations history, read 2026-08-31. FedEx is not an acronym for anything; it is the shortened form of Federal Express that customers were already using, and the company built its brand around the shorter name. The two names refer to the same company at different points in its history — Federal Express is not a separate carrier, and it is not a rebrand by a different owner.
A search for "what does FedEx stand for" is answered the same way every time: it stands for nothing beyond the phrase it was clipped from. There is no second meaning hiding behind the letters.
What sits under the FedEx name today
FedEx Corporation is not one shipping product. It runs four distinct service families, each with its own network, its own pricing, and its own rules. Pick the one that matches what you are actually shipping.
FedEx Ground
Day-definite ground delivery to businesses and homes, the everyday tier most parcels ship on. See FedEx Ground rates and FedEx Ground against Express for the trade-off.
FedEx Freight
Less-than-truckload freight for pallets, not parcels. See FedEx Freight rates for how that side of the business is priced.
FedEx Ground Economy
The lowest-cost, slowest surface tier, formerly sold as FedEx SmartPost. See FedEx Ground Economy rates and the SmartPost rename explainer.
None of those four compete on the same shelf. Express buys a delivery time, Ground buys a delivery day, Freight moves what does not fit in a parcel network at all, and Ground Economy trades days for a lower price. Confusing one for another is the most common way a FedEx quote comes in higher than expected.
Where these facts come from
- FedEx investor relations, Financial Timeline — incorporation year, first night of operations, and the 186-package count. Read 2026-08-31.
FedEx's main about-and-history pages at fedex.com returned an access error on every path checked on 2026-08-31 (en-us and en-gb versions of the history and company-structure pages), so this page is deliberately limited to what FedEx's own investor relations site states directly. It does not repeat the exact year the FedEx brand replaced Federal Express day to day, because that specific date could not be confirmed against a live FedEx page on the date this was written.
FedEx and Federal Express questions
What is FedEx?
FedEx is the shipping and logistics company that started life as Federal Express Corporation, incorporated in 1971 and running its first overnight packages in 1973. FedEx Corporation is the holding company today, and it sells parcel, freight and logistics service under the FedEx name.
What does FedEx stand for?
Nothing beyond its own history. FedEx is a shortened form of Federal Express, the company's original name, and the shorter word became the brand as customers already said it that way.
Is Federal Express the same as FedEx?
Yes. Federal Express is the company's original name from its 1971 incorporation. FedEx is the same company under the name it uses today.
When did FedEx start shipping packages?
Operations began in 1973 with the pickup and delivery of the first overnight packages. There were 186 packages that first night, according to FedEx's own investor relations history.
What are FedEx's main service families?
FedEx Express for time-definite delivery, FedEx Ground for day-definite ground delivery to homes and businesses, FedEx Freight for less-than-truckload freight, and FedEx Ground Economy for its lowest-cost, slowest surface tier. Each has its own rate structure and network.