2018 U.S.-Booked Air
Volume: $130 million
Consolidated U.S. TMC: BCD
Fedex slightly decreased its U.S.-booked air volume in 2018,
according to a BTN estimate. In its 2018 fiscal year, which ended May 31, 2018,
the delivery giant generated 63,900 metric tons of carbon dioxide equivalent
via air travel, separate from its own fleet of aircraft. That's more than a 10
percent decrease from the prior fiscal year. The company has introduced virtual
and augmented reality educational opportunities, helping to reduce internal
travel. Fedex earned $69.7 billion in revenue in its 2019 fiscal year, up from
$65.5 billion in the preceding fiscal year. It had more than 450,000 employees
at the end of May, up from 425,000 one year earlier. In 2018, it expanded its
residential delivery service to six days per week due to the growth of
e-commerce, and it plans to introduce seven-day-a-week service in 2020.