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The largest subsidiary of FedEx (about 60% of sales), FedEx Express is responsible for its parent's namesake express delivery business, the world's largest. FedEx Express delivers about 3.5 million packages per day throughout the US and to some 220 countries and territories worldwide. Packages (from envelopes to boxes weighing up to 150 pounds) account for most of the company's sales; FedEx Express also delivers pallets of freight weighing from 151 pounds to 2,200 pounds. The company operates a fleet of about 665 aircraft and about 41,000 motor vehicles and trailers.

Finnlines, one of Europe's largest liner cargo shipping companies, concentrates its sea transport services in the Baltic and North Seas. It provides ro-ro (roll-on/roll-off) services on routes between Finland and Sweden; Sweden and Germany; and Germany and Russia. It also ferries passengers on ro-pax vessels on routes including Finland-Poland-Germany; Helsinki-Travemunde (Germany); and Lubeck (Germany)-St. Petersburg (Russia), as well as to and from Mediterranean, West African, and North and South American destinations. The group is engaged in port operations in Finland (Finnsteve). Its shipping units include TransRussia Express, FinnLink, and Nordo-Link. Finnlines is part of Italy-based Grimaldi Group.

FreeSeas Inc., through its subsidiaries, operates as an international dry bulk shipping company. The company transports various dry bulk commodities, including coal, grains, and iron ore, as well as bauxite, phosphate, fertilizers, steel products, sugar, and rice worldwide. As of December 31, 2008, its fleet consisted of seven Handysize vessels and two Handymax vessels. FreeSeas Inc. was founded in 2004 and is based in Piraeus, Greece.

Frontline Ltd., through its subsidiaries, engages in the ownership and operation of oil tankers and oil/bulk/ore (OBO) carriers. It primarily transports crude oil, as well as raw materials, such as coal and iron ore. The company’s very large crude carriers (VLCCs) primarily transport crude oil from the Middle East Gulf to the Far East, Northern Europe, the Caribbean, and the Louisiana Offshore Oil Port. Its Suezmax tankers trade in the Atlantic Basin and the Middle East to the South East Asia. The company’s OBO carriers transport oil and dry cargo. In addition, it involves in the charter, purchase, and sale of vessels. As of December 31, 2009, it operated a tanker fleet consisting of 76 vessels comprising 41 VLCCs, which are between 200,000 and 320,000 deadweight ton (dwt); 27 Suezmax tankers that are vessels between 120,000 and 170,000 dwt; and 8 Suezmax OBOs, which are chartered, as well as had 5 VLCCs under its commercial management. Frontline Ltd. was founded in 1948 and is based in Hamilton, Bermuda.

Genco Shipping & Trading Limited engages in the ocean transportation of drybulk cargoes through the ownership and operation of drybulk carrier vessels worldwide. It primarily transports iron ore, coal, grain, steel products, and other drybulk cargoes. The company charters its vessels primarily to trading houses, including commodities traders; producers; and government-owned entities. As of February 26, 2010, its fleet consisted of 35 drybulk carriers comprising 9 Capesize, 8 Panamax, 4 Supramax, 6 Handymax, and 8 Handysize drybulk carriers, with an aggregate carrying capacity of approximately 2,903,000 deadweight tons. Genco Shipping & Trading Limited was incorporated in 2004 and is based in New York, New York.

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