FedEx Corporation (NYSE: FDX), 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. On October 22, 2008, the Internal Revenue Service
withdrew its tentative assessment of tax and penalties for the
2002 calendar year ($319 million plus interest) against FedEx
Ground Package System, Inc. (“FedEx Ground”) relating to the
classification of FedEx Ground’s owner-operators for federal
employment tax purposes. In June 2009, FedEx began a campaign
against UPS and the Teamsters union, accusing its competitor of
receiving a bailout in an advertising campaign called "brown
bailout". FedEx claims that signing the Federal Aviation
Administration re-authorization bill, which would let some of
its workers unionize more easily (and, according to the Memphis-
based company, "could expose its custo