2020 U.S.-Booked Air Volume: $95.6 million
Consolidated U.S. TMC: BCD
FedEx’s U.S.-booked air volume in 2020 totaled $95.6
million, down from $150 million in 2019, according to a BTN estimate. In 2020,
FedEx earned $69.2 billion in consolidated revenue, representing a 1 percent
decrease from the $69.7 billion it earned in 2019. Total operating expenses
increased to $66.8 million, due in part to the increased hiring and
transpacific and charter flight hours in response to higher customer demand. In
March 2021, the company announced it plans to achieve carbon-neutral global
operations by 2040. The company has 130 offices around the world. As of May
2021, FedEx employed 289,000 people and had 77,000 drop-off locations.