GITNUX MARKETDATA REPORT 2024

Must-Know Fedex Statistics [Recent Analysis]

Highlights: Fedex Statistics

  • FedEx annual revenue reached $84 billion in 2020.
  • FedEx has approximately 180,000 motorized vehicles in its global network.
  • FedEx processes around 16 million shipments on average per day.
  • In the second quarter of 2021, FedEx reported that their operating income topped $1.47 billion.
  • Memphis International Airport serves as FedEx’s global hub and handles more than 47% of their total daily shipment volume.
  • As of 2019, FedEx Ground had approximately 200,000 employees.
  • FedEx Ground operates with approximately 70,000 vehicles.
  • FedEx CEO Frederick W. Smith has a net worth of approximately $5.4 billion.
  • FedEx spends around $20 million per year on advertising and marketing.
  • In 2020, 94.47% of FedEx’s on-time delivery rate was achieved.
  • FedEx has a 9% market share of the global express and small package delivery market.
  • FedEx’s largest global competitor is UPS, which has a 50% share of the U.S. parcel delivery market.
  • FedEx SmartPost’s total volume amounted to 942 million packages in 2020.
  • FedEx was ranked the 10th most reputable company in the world in 2021.

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FedEx is one of the world’s leading logistics and transportation companies, with a global workforce of approximately 600,000 team members. In 2020, FedEx reported an annual revenue of $84 billion and operates over 5,000 facilities worldwide. The company delivers to more than 220 countries and territories around the world using its fleet of 680 aircrafts as well as 180,000 motorized vehicles in its global network. On average per day FedEx processes 16 million shipments while their Freight segment handles about 96,000 shipments daily.

In 2021 alone they have achieved operating income topping $1.47 billion with 69% coming from Express division; Memphis International Airport serves as FedEx’s global hub handling 47% total shipment volume each day; Ground has 200K employees working on 70K vehicles; CEO Frederick W Smith net worth estimated at $5.4Billion ; Advertising & Marketing expenses amounting to 20M annually ; 94% on-time delivery rate was achieved in 2020 along with 9% market share globally for express/small package deliveries compared to UPS 50%. SmartPost had 942 Million packages delivered last year making it 10th most reputable company according to Global RepTrak rankings 2021 .

The Most Important Statistics
FedEx annual revenue reached $84 billion in 2020.

The sheer magnitude of FedEx’s annual revenue in 2020 is a testament to the company’s success and influence in the global economy. This impressive figure highlights the company’s ability to remain competitive and profitable in a challenging economic climate. It also serves as a reminder of the importance of FedEx’s services to businesses and consumers around the world.

FedEx has approximately 180,000 motorized vehicles in its global network.

This statistic is a testament to the sheer size and scope of FedEx’s global network. It speaks to the company’s commitment to providing reliable and efficient delivery services to customers around the world. With 180,000 motorized vehicles, FedEx is able to quickly and safely transport goods to their destination, no matter how far away it may be.

FedEx Statistics Overview

FedEx processes around 16 million shipments on average per day.

This statistic is a testament to the sheer magnitude of FedEx’s operations. It speaks to the company’s ability to handle a massive volume of shipments on a daily basis, highlighting the efficiency and reliability of their services.

In the second quarter of 2021, FedEx reported that their operating income topped $1.47 billion.

The news that FedEx’s operating income topped $1.47 billion in the second quarter of 2021 is a testament to the company’s success and financial stability. This impressive figure is indicative of the company’s ability to remain profitable despite the economic challenges of the past year. It is a clear sign that FedEx is well-positioned to continue to thrive in the future.

Memphis International Airport serves as FedEx’s global hub and handles more than 47% of their total daily shipment volume.

This statistic is a testament to the importance of Memphis International Airport to FedEx’s operations. It highlights the sheer volume of shipments that pass through the airport on a daily basis, demonstrating the vital role it plays in the company’s global operations.

As of 2019, FedEx Ground had approximately 200,000 employees.

The sheer size of FedEx Ground’s workforce is a testament to the company’s success and influence. With 200,000 employees, FedEx Ground is one of the largest employers in the world, and its presence in the global economy is undeniable. This statistic is a powerful reminder of the company’s reach and impact, and it serves as a reminder of the importance of FedEx in the world today.

FedEx Ground operates with approximately 70,000 vehicles.

The sheer size of FedEx Ground’s fleet of vehicles is a testament to the company’s commitment to providing reliable and efficient delivery services. With 70,000 vehicles, FedEx Ground is able to reach customers in a wide range of locations, ensuring that packages are delivered on time and with minimal disruption. This impressive statistic is a testament to the company’s dedication to providing quality services to its customers.

FedEx CEO Frederick W. Smith has a net worth of approximately $5.4 billion.

The fact that FedEx CEO Frederick W. Smith has a net worth of approximately $5.4 billion speaks volumes about the success of the company. It is a testament to the hard work and dedication of the entire FedEx team, and a reminder of the potential for success that can be achieved through innovation and dedication. This statistic is a powerful reminder of the potential of FedEx and the impact it has had on the world.

FedEx spends around $20 million per year on advertising and marketing.

This statistic is a testament to the importance of advertising and marketing for FedEx. It shows that the company is willing to invest a significant amount of money into ensuring that their brand is well-known and that their services are widely used. This statistic is also indicative of the success of FedEx, as it demonstrates that the company is able to generate enough revenue to be able to afford such a large marketing budget.

In 2020, 94.47% of FedEx’s on-time delivery rate was achieved.

The impressive statistic of 94.47% of FedEx’s on-time delivery rate achieved in 2020 speaks volumes about the company’s commitment to providing reliable and efficient service. This statistic is a testament to the hard work and dedication of the FedEx team, and it is a clear indication that customers can trust FedEx to deliver their packages on time.

FedEx has a 9% market share of the global express and small package delivery market.

This statistic is a testament to the success of FedEx in the global express and small package delivery market. It shows that the company has been able to carve out a significant portion of the market, indicating that it is a major player in the industry. This statistic is important to consider when discussing the success of FedEx and its impact on the industry.

FedEx’s largest global competitor is UPS, which has a 50% share of the U.S. parcel delivery market.

This statistic is significant in the context of a blog post about FedEx Statistics because it highlights the competitive landscape that FedEx operates in. It demonstrates that UPS is a formidable rival, with a 50% share of the U.S. parcel delivery market, and that FedEx must strive to remain competitive in order to remain successful.

FedEx SmartPost’s total volume amounted to 942 million packages in 2020.

The sheer magnitude of 942 million packages delivered by FedEx SmartPost in 2020 is a testament to the company’s commitment to providing reliable and efficient shipping services. This impressive figure speaks volumes about the trust customers have placed in FedEx to deliver their packages safely and on time. It is a clear indication that FedEx is a leader in the shipping industry and is well-positioned to continue its success in the years to come.

FedEx was ranked the 10th most reputable company in the world in 2021.

This statistic is a testament to the trustworthiness of FedEx, highlighting the company’s commitment to providing quality services and products. It is a reflection of the hard work and dedication of the employees and management of FedEx, and serves as a reminder of the company’s commitment to excellence. This statistic is an important part of any blog post about FedEx Statistics, as it provides readers with a reliable source of information about the company’s reputation.

Conclusion

FedEx is a global leader in the transportation and logistics industry. With 600,000 team members worldwide, an annual revenue of $84 billion, 5,000 facilities around the world and over 680 aircrafts in its fleet; FedEx has established itself as one of the most successful companies globally. It delivers to more than 220 countries and territories with 180,000 motorized vehicles operating within its network. On average it processes 16 million shipments per day while handling 96 thousand shipments through its Freight segment daily.

In 2021 their operating income topped $1.47 billion with 69% coming from Express division alone which also handles 47% of total shipment volume at Memphis International Airport – FedEx’s global hub. The company employs 200k people for Ground operations along with 70k vehicles dedicated solely to this purpose whereas SmartPost handled 942 million packages last year alone making them 10th most reputable company according to RepTrak rankings 2021 . All these facts make it clear that Fedex is well-positioned for continued success both domestically and internationally into the future

References

0. – https://www.investors.fedex.com

1. – https://www.statista.com

2. – https://www.macrotrends.net

3. – https://www.reptrak.com

4. – https://www.forbes.com

FAQs

When was FedEx founded?

FedEx was founded on April 17, 1973.

Who founded FedEx?

Frederick W. Smith is the founder of FedEx.

In which city is FedEx's headquarters located?

FedEx's headquarters is located in Memphis, Tennessee, USA.

What was FedEx's annual revenue in the fiscal year 2020?

FedEx's annual revenue in the fiscal year 2020 was approximately $69.22 billion.

What is the full name of FedEx?

The full name of FedEx is Federal Express Corporation.

How we write our statistic reports:

We have not conducted any studies ourselves. Our article provides a summary of all the statistics and studies available at the time of writing. We are solely presenting a summary, not expressing our own opinion. We have collected all statistics within our internal database. In some cases, we use Artificial Intelligence for formulating the statistics. The articles are updated regularly.

See our Editorial Process.

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