FedEx

What FedEx does

FedEx Corporation is a global integrated logistics and package delivery company founded in 1971 and headquartered in Memphis, Tennessee. Following the June 2026 spin-off of FedEx Freight as an independent publicly traded company, FedEx Corporation operates as a parcel-focused entity holding a 19.9% stake in the spun-off freight business with planned divestiture within 24 months. The company offers FedEx Express (time-definite express delivery), FedEx Ground (day-definite ground shipping), FedEx Office (retail document and shipping services), and FedEx Life Sciences (healthcare and pharmaceutical logistics with specialized temperature-controlled capabilities), serving customers across more than 35 countries. FY2026 revenue totaled $94.7 billion (up 7.7% year-over-year), with Q4 FY2026 revenue of $25.01 billion (up 13% year-over-year).

The company's core technology is the Network 2.0 restructuring program, which reorganizes U.S. and Canadian package flow through optimized stations and automated sorting — approximately 45% of eligible package volume currently runs through Network 2.0 stations, with a target of approximately 65% before peak season. Network 2.0 and the DRIVE cost transformation program have collectively delivered over $1 billion in structural cost savings, with $2 billion in total savings projected by end of 2027. FedEx also operates the Tricolor network redesign (implemented 2023) reinforcing the Guangzhou air cargo hub for Asia-Americas routing, and holds a seat on the Hedera Governing Council for enterprise distributed-ledger governance. Revenue is generated primarily through transaction fees on time-sensitive package and freight transportation, supplemented by usage-based fuel surcharges (notably restructured June 2026 to align export/import rates), annual general rate increases (5.9% average effective January 2026), and residential delivery surcharges that increased approximately 8% to $6.95 per package.

FedEx serves enterprise and mid-market customers through direct field sales, SMB and consumer customers via fedex.com and FedEx Office retail locations (now available on the Uber Eats marketplace), and shippers through technology integrations such as Kuebix TMS. The customer base is diversified across healthcare (~$10 billion FY2026 revenue), automotive, aerospace, AI and data center infrastructure (double-digit growth), and general commerce and retail. The company is deliberately exiting less-profitable e-commerce services — FedEx Ground Economy volume declined 5% — while emphasizing premium B2B parcel and freight services, healthcare logistics through the new Life Sciences organization, and growth verticals tied to AI infrastructure buildout.

Name

FedEx

Legal name

FedEx Corporation

Website

https://fedex.com

Company type

Public

Founded year

1971

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

FedEx Corporation is a global integrated logistics company providing time-definite package, freight, and supply chain services across 35 countries, serving healthcare, automotive, aerospace, AI/data center, and commercial customers through parcel, ground, and air delivery networks.

Ownership category

akta.pro rank

Product category

Logistics Services

NAICS

Couriers and Express Delivery Services (4921), Couriers and Express Delivery Services (492110), Couriers and Express Delivery Services (49211), Scheduled Freight Air Transportation (481112), General Freight Trucking (4841)

SIC

Air Courier Services (4513), Trucking & Courier Services (No Air) (4210), Trucking (No Local) (4213), Arrangement Of Transportation Of Freight & Cargo (4731)

akta.pro primary industry

Ground Express (Time-Definite Road Parcel) (TLAAABAC)

akta.pro secondary industries

International Express (Time-Definite Cross-Border) (TLAAABAB), E-commerce Express (Fast/Next-Day for Online Retailers) (TLAAABAF), Express / Time-Definite Air Cargo Carriers (TLADAAAB), Same-Day / On-Demand Express Courier (TLAAABAG), Express / Time-Critical Air Freight (Next-Flight-Out, AOG, Just-in-Time) (TLACAAAD)

Keywords

• Express package delivery
• Global freight transportation
• Cold chain logistics
• B2B parcel services
• E-commerce shipping

Headquarters

HQ city

Memphis

HQ country

United States

HQ region

North America

Offices4 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Operations, Personnel, Infrastructure, Supply Chain, Marketing or Sales, Technology or R&D

Revenue model

1. Package and Freight Transportation Services: FedEx generates revenue primarily from time-sensitive, time-definite, and day-definite package and freight transportation services domestically and internationally. Revenue is driven by package yields, volumes across domestic and international priority services, fuel surcharges, and accessorial fees. The company posted Q4 FY2026 revenue of $25.01 billion (13% YoY growth) and full-year FY2026 revenue of $94.7 billion (7.7% YoY growth).
2. Fuel Surcharges: FedEx implements fuel surcharges on domestic and international shipments that vary based on jet fuel and diesel price indices. During Q4 FY2026, fuel costs surged approximately 70% year-over-year to $1.275 billion, with total fuel costs reaching $1.43 billion in the quarter. The company also eliminated the export/import fuel surcharge distinction effective June 22, resulting in higher charges for export shippers.
3. General Rate Increases: FedEx implements annual general rate increases (GRI), with a 5.9% average GRI effective January 5, 2026. Residential delivery surcharges increased approximately 8% to $6.95 per package. Actual shipping cost inflation often reaches 9% to 11% when accounting for billing errors and misapplied surcharges.
4. Capital Return to Shareholders: FedEx returned approximately $2.2 billion to stockholders through share repurchases and dividends during FY2026. Following the FedEx Freight spin-off, FedEx received a $4.1 billion cash dividend from the subsidiary's debt financing. The company announced a 5% dividend increase to $4.88 annualized ($1.22 quarterly) and a $1 billion stock buyback.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels4 records

Core offering

FedEx Corporation provides time-sensitive, time-definite, and day-definite package, document, and freight transportation services domestically and internationally through an integrated global air-and-ground network. Following the June 2026 spin-off of FedEx Freight, the company's core offering centers on express and ground parcel delivery (FedEx Express, FedEx Ground), retail shipping and printing services (FedEx Office), and specialized vertical logistics such as the newly launched FedEx Life Sciences healthcare and pharmaceutical logistics organization.

Product overview

FedEx Corporation operates as an integrated global logistics and package delivery company offering a portfolio of services including FedEx Express (time-definite express delivery), FedEx Ground (day-definite ground shipping), FedEx Freight (less-than-truckload freight, now a separately spun-off entity), and FedEx Office (document/print services). The company has recently launched FedEx Life Sciences as a dedicated healthcare and pharmaceutical logistics sub-brand, while the FedEx Compatible Community Program certifies third-party TMS platforms that integrate with FedEx services. Following the June 2026 spin-off of FedEx Freight, FedEx Corporation focuses on parcel and express delivery operations with emphasis on premium B2B and high-value shipments including healthcare, automotive, aerospace, and AI/data center infrastructure logistics.

Differentiator

Problem solved

Functional benefit

Brands

• FedEx Express: Global express delivery services for time-sensitive, time-definite shipments
• FedEx Life Sciences
• FedEx Office

Products and services

• FedEx Express

Quantifiable outcome

• Q4 FY2026 revenue of $25.01 billion, up 13% YoY; full-year FY2026 revenue of $94.7 billion, up 7.7% YoY
• +6 more outcomes

Named customers4 records

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

Feature3 records

Partnerships

Five partnerships are on record, tiered minor and core.

• Uber EatsminorChannel Partner/ Reseller/ Distributor · 24 June 2026FedEx Office joined the Uber Eats marketplace as a retail partner, enabling on-demand delivery of shipping supplies, office products, and retail items from FedEx Office locations across the U.S., including the South, Southeast, Midwest, New York, and Connecticut. Uber One members receive a $0 Delivery Fee on eligible retail orders from FedEx Office.
• Hedera Governing CouncilminorStrategic or Co-development Partner · 22 June 2026FedEx joined the Hedera Governing Council, participating alongside other major global enterprises in enterprise-grade distributed ledger governance. Live Hedera network use cases process over $10 billion in settlements, and FedEx's involvement was announced at HederaCon 2026. The partnership supports FedEx's blockchain strategy for logistics applications.
• China Southern Air LogisticscoreStrategic or Co-development Partner · 2 June 2026FedEx signed a Strategic Memorandum of Understanding with China Southern Air Logistics on June 2, 2026, to explore opportunities across five operational areas: cargo space, routes, fleet, operations, and digitalization. The partnership aims to strengthen Guangzhou, China as an international air cargo hub and build a more resilient air logistics ecosystem for China-based shippers. The agreement aligns with FedEx's existing hub at Guangzhou Baiyun International Airport and its 2023 'Tricolor' network redesign strategy.
• Heart to Heart InternationalminorStrategic or Co-development PartnerFedEx, through its Delivering for Good initiative, funds Emergency Medical Team (EMT) training exercises conducted by Heart to Heart International, a humanitarian NGO. The training exercises simulate real-world disaster scenarios, allowing staff and volunteers to practice mobile clinic setup, logistics coordination, and patient triage in controlled environments. The collaboration aims to enhance the NGO's capacity to deliver faster, higher-quality medical care when actual disasters occur.
• Orbis International (Flying Eye Hospital)minorStrategic or Co-development PartnerFedEx supports Orbis International's Flying Eye Hospital — the world's only fully accredited ophthalmic teaching hospital on a plane — in its two-week ophthalmic training project in Arequipa, Peru. FedEx's support is part of a year-round disaster preparedness and humanitarian medical outreach program, marking Orbis's 15th visit to Peru.

Scale indicators15 records

Recent moves9 records

Expansion highlights6 records

Direct peers

• United Parcel Service (UPS): UPS is FedEx's closest direct competitor, offering time-definite and day-definite parcel, freight, and supply chain services globally. UPS operates a similar integrated air and ground network and competes head-to-head in B2B parcel, healthcare logistics, and international express.
• DHL Group: DHL is the global leader in international express delivery and cross-border CEP, directly competing with FedEx International Express. DHL's strong European and intercontinental network makes it the most direct peer in international time-definite parcel and air cargo.

Broad incumbents

• United States Postal Service (USPS): USPS is the U.S. national postal operator offering parcel and mail services nationwide, overlapping with FedEx Ground on last-mile residential delivery. As a broad incumbent with universal service obligations, USPS competes in standard parcel but not in time-definite express.

Emerging players

• Amazon Logistics: Amazon's in-house logistics arm has rapidly scaled parcel delivery capacity to serve its own e-commerce demand and is now expanding into third-party shipping. Amazon Logistics is an emerging competitive threat in e-commerce parcel, directly pressuring FedEx Ground.

Regional players

• SF Express (顺丰): SF Express is China's dominant time-definite express courier with significant intra-APAC and intra-China reach. While not a direct competitor in North America, SF Express competes with FedEx in cross-border China-origin express and Asia-Pacific lanes.
• Aramex: Aramex is the leading Middle East and emerging markets express courier and logistics provider. It overlaps with FedEx in cross-border CEP services into and out of MENA regions, particularly for e-commerce shippers.
• Royal Mail / International Distributions Services: Royal Mail is the UK's designated universal postal service provider with growing parcel operations. It overlaps with FedEx in UK domestic parcel and cross-border CEP services, particularly for e-commerce shipments from UK exporters.
• OnTrac (LaserShip): OnTrac (formed from the LaserShip-OnTrac merger) is a regional U.S. ground parcel carrier competing directly with FedEx Ground in coastal and regional U.S. markets. It has gained share in e-commerce ground delivery with lower-cost regional density.
• Yamato Transport: Yamato is Japan's largest door-to-door parcel delivery company with extensive intra-Japan and select APAC cross-border coverage. It is comparable to FedEx for time-definite parcel services in the Japanese market.

Others

• J.B. Hunt Transport Services: J.B. Hunt is a major North American truckload and intermodal carrier. While not a direct parcel peer, J.B. Hunt competes in the freight transportation segment that FedEx Freight (now spun off) historically operated in, making it an adjacent comparable for portfolio investors.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/fedex
• Facebookfacebook.com/FedEx
• LinkedInlinkedin.com/company/fedex

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 records

Subsidiaries4 records

Funding overview

Funding rounds4 records

Investors7 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A28 records

Investments25 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about FedEx