Overview
FedEx Corporation is a global transportation, delivery, e-commerce, and business-services company. Its core offerings include express and ground package delivery, freight transportation, and related logistics services, serving customers through an integrated network across more than 220 countries and territories. FedEx describes its purpose as connecting people and possibilities around the world responsibly and resourcefully.[1][2][3]
For the fiscal year ended May 31, 2026, FedEx reported revenue of $94.720 billion; its filing reported approximately 452,000 employees at Federal Express as of that date. The FY2026 figures include FedEx Freight, which was spun off on June 1, 2026.[4][5] [1][5][2][3][4]
Products & services
FedEx’s FY2026 parcel portfolio includes U.S. overnight services—First Overnight, Priority Overnight and Standard Overnight—and deferred options including 2Day, 2Day AM and Express Saver. FedEx SameDay offers urgent delivery throughout the 50 states, 365 days a year, for shipments up to 150 lb. FedEx Ground Commercial and Home Delivery provide day-definite delivery for business and residential packages up to 150 lb, with an economy option for high-volume, less time-sensitive residential shipments.[6][7]
International parcel services reach more than 220 countries and territories. Options include International Economy, typically 2–5 business days; International First, with early-morning delivery in selected locations; International Priority, typically 1–3 business days; and International Priority Express, offering midday delivery in selected markets. International Connect Plus supports e-commerce shipping from more than 70 origin countries to over 190 destinations, typically in 2–5 business days. The portfolio also includes international freight, customs clearance and tracking.[8][9]
FedEx Logistics offerings include customs brokerage, air and ocean freight forwarding, managed transportation, customs clearance, air charters, trade-compliance services and third-party logistics. FedEx Dataworks develops data and AI capabilities for supply-chain decision-making and disruption response. FedEx Office provides shipping access, printing and business services, including digital print-to-order, cloud-connected self-service printing, pack-and-ship and custom-box building.[10][11][12][13][14][15][16]
FedEx Freight’s LTL products—Priority, Economy and Direct—were part of the portfolio before its June 1, 2026 spin-off; they should not be treated as current consolidated FedEx offerings. FedEx Supply Chain has offered warehousing, fulfillment, contract packaging, returns processing, repair and refurbishment, among other logistics services; the FY2026 report described its planned sale, expected to close in the second half of 2026. The report identifies segment-level results but does not provide a percentage breakdown for the named individual products.[5][17][18][19][20][21][22][23] [6][7][8][9][10][11][12][13][14][15][16][5][17][18][19][20][21][22][23]
Geographic presence
FedEx’s Federal Express network serves more than 220 countries and territories. Its international delivery and pickup services include domestic operations in markets such as Canada, Australia, France, the United Kingdom, Italy, Mexico, Germany, Poland, Chile, China, Brazil, India and Southern Africa.[24][9]
In FY2026, for the year ended May 31, 2026, reported revenue was $67.944 billion in the United States and $26.776 billion internationally, out of $94.720 billion total—approximately 71.7% and 28.3%, respectively. The geographic disclosure is a U.S./international split rather than a country-by-country breakdown.[25][26] The company reported $58.134 billion of U.S. and $12.900 billion of international noncurrent assets.[26] These FY2026 figures include FedEx Freight; FedEx spun off the business effective June 1, 2026.[5]
The company’s U.S. footprint includes approximately 1,200 Express domestic surface facilities, with major air-network hubs in Memphis and Indianapolis and regional hubs in Fort Worth, Newark and Oakland.[27][28] FedEx Logistics operated about 100 offices and facilities in 34 countries and territories, while FedEx Supply Chain had approximately 70 facilities.[29] Federal Express reported approximately 452,000 employees worldwide as of May 31, 2026.[30] [24][9][25][26][26][26][26][26][5][27][28][29][30]
Business segments
For FY2026, FedEx reported two reportable segments: **Federal Express**, with revenue of $82.273 billion, or approximately **86.9%** of consolidated revenue, and **FedEx Freight**, with $8.795 billion, or approximately **9.3%**. The remaining $3.652 billion, about **3.9%**, was reported as “Other and eliminations,” a reconciliation category rather than a reportable segment. Percentages are calculated using consolidated revenue of $94.720 billion.[26]
Federal Express encompassed express transportation and U.S. small-package ground delivery.[17] Following the June 1, 2026 Freight spin-off, FedEx reorganized this business into **Express U.S. Domestic**, serving U.S. package and freight shipping, and **Express International**, serving international and cross-border package and freight shipping, including customs and related logistics services.[6][7][8][9][10] These segments took effect after FY2026 ended, so FY2026 revenue does not provide a full-year split between them.[5]
Before the spin-off, **FedEx Freight** was focused on less-than-truckload (LTL) freight transportation and also included FedEx Custom Critical, LTL Select, and other operations.[31][5] FedEx distributed 80.1% of Freight Holding on June 1, 2026, retained 19.9%, and ceased consolidating the business; Freight is no longer a FedEx reportable segment after that date.[5] [26][26][26][26]
Company history
Frederick W. Smith founded Federal Express in 1971, building on an idea for an integrated system for urgent shipments that he had proposed as a student. The company began operations on April 17, 1973, with overnight deliveries from Memphis to 25 U.S. cities. It introduced its overnight letter service in 1981 and expanded internationally during the 1980s, including scheduled U.S.–Europe flights in 1985.[32][33]
FedEx acquired Flying Tiger Line in 1989, adding international air-freight capacity, and adopted the FedEx name in 1994, the year it launched online package tracking. In 1998 it acquired Caliber System; in 2000, its parent company became FedEx Corporation and RPS was rebranded FedEx Ground. Later acquisitions included Kinko’s in 2004 and TNT Express in 2016. In 2026, FedEx Freight was separated as an independent publicly traded company.[32][34][5] [5][35][32][33][36][37][38][34]
Sources
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