FedEx Express is one of the largest express transportation companies, engaged in packages and
freight deliveries throughout the US and to more than 220 countries worldwide. FedEx Express has
an integrated global network, comprising 57,000 drop-off locations, 654 aircraft, and 51,000 vehicles
and trailers. FedEx Ground Package Systems (FedEx Ground) serves customers in the North
American small-package market, focusing primarily on business and residential delivery of packages
weighing up to 150 pounds. FedEx Ground conducts its operations primarily through 22,500
owner-operated vehicles and 31,500 company-owned trailers.