FEDERAL EXPRESS CORPORATION

FedEx Corporation, commonly known as FedEx, is an American multinational conglomerate holding company headquartered in Memphis, Tennessee. It was founded in Little Rock, Arkansas, in 1971 as Federal Express Corporation, with operations beginning in Memphis in 1973. The company is publicly traded on the New York Stock Exchange under the ticker symbol FDX. As of fiscal year 2025, FedEx Corporation reported annual revenues in the range of US$87.9 billion to US$92 billion and employed over 500,000 team members worldwide. Its market capitalization was approximately $92.30 billion as of May 2026.

FedEx specializes in transportation, e-commerce, and business services, providing a broad portfolio of integrated solutions globally. Key operating segments include FedEx Express for time-sensitive air and international deliveries, FedEx Ground for ground package delivery, FedEx Freight for less-than-truckload (LTL) freight services, FedEx Logistics for supply chain and customs brokerage, and FedEx Office for print and business services. The company operates in over 220 countries and territories.

In terms of patent litigation, FedEx Corporation primarily acts as a challenger of patents. The company has appeared as a plaintiff in two tracked cases, both filed before the Patent Trial and Appeal Board (PTAB). This posture suggests that FedEx, an operating company, is engaged in inter partes review (IPR) proceedings to challenge the validity of patents, often in response to assertions against its extensive operational and IT infrastructure.

The two notable tracked cases, FEDEX CORPORATION et al. v. VALTRUS INNOVATIONS LIMITED and FedEx Corporation et al. v. Valtrus Innovations Ltd., both initiated in August 2025 at the PTAB, target Valtrus Innovations Limited. Valtrus Innovations Limited is identified as a patent assertion entity (PAE) backed by Key Patent Innovations, an Irish patent monetization platform. Valtrus Innovations' portfolio is largely derived from Hewlett Packard Enterprise (HPE) and covers technologies relevant to servers, cloud and data center management, memory, processors, WLAN, network analytics, and power, which are critical areas for FedEx's operations.