Quantcast

Fedex reports on boosting economic growth in Asia-Pacific through improved operations

Routes 360 Headlines: Key Stories Of The Week (W/C October 20, 2025)
LATAM CEO: New Aircraft Mean New Routes, Engine Woes Remain A Concern
Boeing wins FAA approval to hike 737 MAX production to 42 planes per month
IATA Highlights Critical Priorities for Aviation Safety and Operations
Routes & Networks Latest: Rolling Daily Updates (W/C Sept. 22, 2025)
First new Qantas Airbus jets come with one toilet for every 90 economy passengers – worse than Jetstar, Scoot and Ryanair
Breeze Airways becomes the first new US flag carrier in a decade — just as rival Spirit fights its 2nd bankruptcy
Airport runway close calls spur hopes for wider adoption of cockpit alert technology
Family sues American Airlines over deadly crash near National Airport
United Airlines briefly grounds all flights in US, Canada for second time in 2 months
2025 Air Canada flight attendants strike
United Airlines lifts brief ground stop after tech issue prompts FAA halt
Spirit Airlines preparing to furlough one-third of its flight attendants
‘Hypocrisy’ and ‘blackmail’: Ryanair’s feud with Spain
Exclusive: Turkey's surprise Air Europa deal came down to one key thing: control
Major airline launches exciting new route from Scotland to popular US location
Airlines fear carbon tax as flagship climate scheme develops holes
Ryanair scraps three Vienna routes, demands lower taxes and fees
Turkish Airlines has no intention of raising stake in Spain's Air Europa, chairman says
US lawmakers want Trump to reinstate delay compensation plan for air travelers
IATA pushes to raise international pilot retirement age to 67
US orders Delta and Aeromexico to dissolve their partnership over fairness concerns in Mexico
Southwest’s New Wheelchair Policy Will Require Passengers to Remove 1 Item Before Boarding — What to Know
Aviation expansion: IndiGo to start direct Mumbai-Copenhagen flights from Oct 8; marks entry into Nordics - The Times of India
Major change for ALL Aer Lingus passengers flying from busy airport to offer 'modern and streamlined' experience
Southwest Airlines adds Sonoma County in California expansion - The Points Guy
Routes & Networks Latest: Rolling Daily Updates (W/C Sept. 8, 2025)
Delta Sees Record Premium Seats in '26, Main Cabin Flat or Down
Southwest requiring removal of batteries from mobility devices before boarding
Qantas’ milestone move for huge, new planes
Fedex reports on boosting economic growth in Asia-Pacific through improved operations
Policy
Webp s4hpzd4838dfm120czkkat73m501
Brie Carere Executive Vice President, Chief Customer Officer, FedEx Corporation Co-President and Co-CEO, FedEx Services | FedEx

FedEx has released its annual economic impact report, detailing the company's role in promoting economic growth through enhanced flexibility, operational efficiency, and intelligence in the Asia-Pacific and China markets. The report, compiled with input from business data and analytics provider Dun & Bradstreet, highlights FedEx's positive impact on accelerating the flow of goods and ideas to foster economic growth across countries and regions.

Raj Subramaniam, President and CEO of FedEx Corporation, stated: "FedEx's vision is to create smarter supply chains for everyone by using advanced data and technology to provide better service for our customers and their consumers, thereby expanding FedEx's business scope and influence. 'The FedEx Effect' demonstrates our unwavering commitment to operational excellence, economic growth, and the communities we serve."

The report reveals that in fiscal year 2024, FedEx contributed over $85 billion directly to the global economy, representing approximately 0.1% of global net economic output. This showcases the extensive reach of FedEx's logistics network and its ongoing enhancements in innovative services to help businesses of all sizes reach customers and optimize operations. Currently, FedEx operates one of the world's most extensive transportation networks serving over 220 countries and territories. The company employs more than 500,000 people worldwide across over 5,000 facilities with a daily package processing volume of 16 million.

Get the Newsletter
Sign-up to receive weekly round up of news from Sky Industry News
By submitting, you agree to our Privacy Policy and Terms of Service. By providing your phone number you are opting in and consenting to receive recurring SMS/MMS messages, including automated texts, to that number from our short code. Msg & data rates may apply. Reply HELP for help, STOP to end. SMS opt-in will not be sold, rented, or shared.

In the Asia-Pacific region—a hub for economic opportunities—FedEx plays a crucial role in regional business development through its expanding air and ground network covering 43 countries and territories. In fiscal year 2024 alone, FedEx contributed approximately 0.2% of net economic output to transportation, warehousing, and communication industries within this region.

Kawal Preet, President of Asia Pacific at FedEx Express said: "FedEx recognizes the strategic importance of Asia-Pacific as a critical hub in the global economy. We are committed to driving growth here by strategically investing in infrastructure that enhances both global connectivity as well as regional connectivity."

China remains one of the fastest-growing major economies within Asia-Pacific—holding significant importance within FedEx’s global strategy since entering China back in 1984—and continues investing heavily into new facilities while upgrading services supporting China's thriving economy along with increasing connectivity between China & international markets alike.

Salmon Tsui Senior Vice President/President Greater China Region remarked: “This year marks forty years since operating successfully within Chinese market where we take pride seeing remarkable achievements connecting Chinese clients globally utilizing more flexible efficient intelligent methods."

Fedex further expands its footprint economically throughout China by supporting trade policies promoting market openness globally; enhancing operations such as opening newly upgraded headquarters office Shanghai improving sorting efficiency Shenzhen International Gateway Operations Center doubling capacity; investing renewable energy sources powering facilities continuing electrification pickup delivery fleet reaching twenty percent electric vehicles used domestically reducing water electricity fuel paper consumption initiatives like Go Green competition involving team members participating recycling programs old uniforms transforming sustainable products low carbon alternative fuels working local organizations contribute community welfare via charity donations employee volunteer work philanthropic transport services globally alongside various environmental conservation projects including tree planting efforts alongside panda relocation project Washington D.C.-Chengdu safe transportations November last year engaging volunteer activities library projects among others locally contributing positively towards overall prosperity communities they operate therein.

###

Organizations Included in this History
More News

The International Air Transport Association (IATA) has announced that its Wings of Change Europe (WOCE) event will take place at the Steigenberger Icon Wiltcher's Hotel in Brussels.

Oct 23, 2025

Delta Air Lines has announced a new partnership with Crunchyroll, the global anime streaming platform, to bring a curated selection of anime content to its flights.

Oct 23, 2025

Delta Air Lines has been recognized as one of the 2025 Fortune Best Workplaces for Women, marking its return to the list since 2019.

Oct 23, 2025

Delta Air Lines marked its 100th anniversary by serving as the official airline of the 60th Head of the Charles Regatta (HOCR) in Boston.

Oct 23, 2025

American Airlines has announced that it will upgrade its Boeing 777-200ER aircraft with new Flagship Suites, the airline's latest business-class product.

Oct 23, 2025

Delta Air Lines will introduce a new in-flight dining partnership with Chef José Andrés, bringing Spanish-inspired cuisine to select cabins starting November 4.

Oct 23, 2025