FedEx Corp. has released its annual report detailing the company's impact on the global economy for the fiscal year 2024. The report, developed in collaboration with Dun & Bradstreet, highlights what is referred to as the "FedEx Effect," which describes how FedEx's global network contributes to economic growth by facilitating the flow of goods and ideas.
Raj Subramaniam, President and CEO of FedEx Corporation, stated, “Wizją FedEx jest uczynienie łańcuchów dostaw inteligentniejszymi dla wszystkich. Wykorzystujemy do tego zaawansowane technologie, tak aby lepiej służyć klientom, równocześnie zwiększając w ten sposób nasz zasięg i wpływ.” He emphasized that this commitment is central to enhancing service quality and supporting community growth.
The report reveals that FedEx's direct contribution to the global economy exceeded $85 billion in fiscal year 2024, representing about 0.1% of total global net economic output. This figure underscores FedEx's logistical capabilities and ongoing efforts to innovate services that connect businesses with customers worldwide. With a presence in over 220 countries and territories and employing more than 500,000 people across more than 5,000 locations, FedEx handles an average of 16 million packages daily.