Editing FedEx (section)

== Corporate affairs ==

=== Board of directors ===

{{As of|2022|April}}, the FedEx Corporation board of directors is:<ref>{{Cite web|title=Board of directors|url=https://investors.fedex.com/esg/board-of-directors/default.aspx|access-date=2022-04-06|website=investors.fedex.com|archive-date=December 22, 2021|archive-url=https://web.archive.org/web/20211222145322/https://investors.fedex.com/esg/board-of-directors/default.aspx|url-status=live}}</ref>

* Marvin Ellison: [[Chairman]], [[President (corporate title)|president]] and [[CEO]], [[Lowe's Companies, Inc.]]
* [[Tricia Griffith]]: President and CEO, [[The Progressive Corporation]]
* Kimberly A. Jabal: Former [[CFO]], [[Unity Technologies]]
* [[Shirley Ann Jackson]]: President, [[Rensselaer Polytechnic Institute]]
* R. Brad Martin: Chairman, RBM Ventures
* [[Fred Perpall]]: CEO, [[The Beck Group]]
* [[Joshua Cooper Ramo]]: Chairman and CEO, Sornay LLC
* [[Susan Schwab]]: [[Professor Emerita]], [[University of Maryland School of Public Policy]]
* [[Frederick W. Smith]]: Founder and Executive Chairman, FedEx Corporation
* [[David P. Steiner]]: Former CEO, [[Waste Management, Inc.]]
* [[Raj Subramaniam]]: President and CEO, FedEx Corporation
* [[Paul S. Walsh]]: [[Executive chairman]], [[McLaren Group|McLaren Group Limited]]

=== Finance ===
For the fiscal year 2020, FedEx reported earnings of US$1.286 billion, with an annual revenue of US$69.217 billion, a decline of 0.7% over the previous fiscal cycle. FedEx's shares traded at over $273 per share, and its market capitalization was valued at over US$2,459 billion in December 2020.<ref>{{Cite web |title=FedEx – FedEx – Annual Reports |url=http://investors.fedex.com/financial-information/annual-reports/default.aspx |access-date=2018-11-07 |website=investors.fedex.com |language=en-CA |archive-date=September 19, 2020 |archive-url=https://web.archive.org/web/20200919093653/https://investors.fedex.com/financial-information/annual-reports/default.aspx |url-status=live }}</ref> FedEx ranked No. 50 in the 2018 [[Fortune 500]] list of the largest United States corporations by total revenue.<ref>{{Cite web |title=Fortune 500 Companies 2018: Who Made the List |url=http://fortune.com/fortune500/list/ |access-date=2018-11-10 |website=Fortune |archive-date=November 10, 2018 |archive-url=https://web.archive.org/web/20181110190356/http://fortune.com/fortune500/list/ |url-status=dead }}</ref>

{| class="wikitable float-left" style="text-align: right;"
! Year
! Revenue<br />in million US$
! Net income<br />in million US$
! Total Assets<br />in million US$
! Price per Share<br />in US$<ref>{{Cite web |title=FedEx - 41 Year Stock Price History {{!}} FDX |url=https://www.macrotrends.net/stocks/charts/FDX/fedex/stock-price-history |access-date=2025-05-09 |website=www.macrotrends.net}}</ref>
! Employees
|-
|2005<ref name=":4">{{Cite web |title=SEC filings {{!}} FedEx |url=https://investors.fedex.com/financial-information/sec-filings/default.aspx |access-date=2025-05-09 |website=investors.fedex.com}}</ref>
|29,363
|1,449
|20,404
|85.38
|138,100
|-
|2006<ref name=":4" />
|32,294
|1,806
|22,690
|89.00
|138,400
|-
|2007<ref name=":4" />
|35,214
|2,016
|24,000
|74.15
|143,000
|-
|2008<ref name=":4" />
|37,953
|1,125
|25,633
|53.63
|145,000
|-
|2009<ref name=":4" />
|35,497
| 98
|24,244
|70.32
|140,000
|-
|2010<ref name=":4" />
|34,734
| 1,184
|24,902
|78.83
|141,000
|-
|2011<ref name=":4" />
|39,304
|1,452
|27,385
|71.21
|143,000
|-
|2012<ref name=":4" />
|42,680
|2,032
|29,903
|78.71
|149,000
|-
|2013<ref name=":4" />
|44,287
|2,716
|33,567
|124.03
|160,700
|-
|2014<ref name=":4" />
|45,567
|2,324
|33,070
|150.55
|162,000
|-
|2015<ref name=":4" />
|47,453
| 1,050
|36,531
|129.93
|166,000
|-
|2016<ref name=":4" />
|50,365
|1,820
|45,959
|163.80
|168,000
|-
|2017<ref name=":4" />
|60,319
|2,997
|48,552
|221.48
|169,000
|-
|2018<ref name=":4" />
|65,450
|4,572
|52,330
|144.68
|227,000
|-
|2019<ref name=":4" />
|69,693
|540
|54,403
|137.77
|239,000
|-
|2020<ref name=":4" />
|69,217
|1,286
|73,537
|240.09
|245,000
|-
|2021<ref name=":4" />
|83,959
|5,231
|82,777
|241.83
|289,000
|-
|2022<ref name=":4" />
|93,512
|3,826
|85,994
|165.32
|249,000
|-
|2023<ref name=":4" />
|90,155
|3,972
|87,143
|246.54
|529,000
|-
|2024<ref name=":4" />
|87,693
|4,331
|87,007
|279.80
|430,000
|}

=== Ownership ===
FedEx is mainly owned by institutional investors, who hold around 68% of all shares. The 10 largest shareholders in late 2024 were:<ref>https://finance.yahoo.com/quote/FDX/holders/</ref>

* [[The Vanguard Group]] (8.43%)
* [[Frederick W. Smith]] (8.33%)<ref>[https://www.wallstreetzen.com/stocks/us/nyse/fdx/ownership Fedex Corp Stock Ownership - Who owns Fedex?]</ref>
* [[BlackRock]] (6.84%)
* [[Dodge & Cox]] (5.80%)
* [[Primecap|Primecap Management Company]] (5.17%)
* [[State Street Corporation]] (3.97%)
* [[Capital Group Companies|Capital International Investors]] (3.86%)
* [[Geode Capital Management]] (2.00%)
* [[Franklin Resources]] (1.79%)
* [[Morgan Stanley]] (1.38%)
* [[JPMorgan Chase]] (1.35%)

=== Environmental practices and initiatives ===

In early March 2021, FedEx announced plans to make its operations carbon-neutral by 2040.<ref>{{Cite web|title=FedEx pledges $2 billion toward carbon-neutral operations by 2040, aims for all-electric fleet|url=https://www.msn.com/en-us/money/companies/fedex-pledges-242-billion-toward-carbon-neutral-operations-by-2040-aims-for-all-electric-fleet/ar-BB1ecJ6D|access-date=2021-03-03|website=www.msn.com|archive-date=July 4, 2021|archive-url=https://web.archive.org/web/20210704045120/https://www.msn.com/en-us/money/companies/fedex-pledges-242-billion-toward-carbon-neutral-operations-by-2040-aims-for-all-electric-fleet/ar-BB1ecJ6D|url-status=live}}</ref><ref>{{Cite web |last=Dean |first=Grace |title=FedEx is going all-electric. It will invest $2 billion in a zero-emissions delivery fleet and other carbon-cutting measures by 2040, it said. |url=https://www.businessinsider.com/fedex-delivery-fleet-all-electric-carbon-neutral-2040-sustainability-2021-3 |access-date=2024-03-16 |website=Business Insider |language=en-US}}</ref> It's investing $2 billion in sustainable energy initiatives, including $100M for a new Yale Center for Natural Carbon Capture and upgrading its aircraft and ground transportation fleets.<ref>{{Cite web|last=Szymkowski|first=Sean|title=FedEx pledges to go carbon-neutral by 2040 with EV delivery vans and more|url=https://www.cnet.com/roadshow/news/fedex-carbon-neutral-ev-delivery-vans/|access-date=2021-03-03|website=Roadshow|language=en|archive-date=March 3, 2021|archive-url=https://web.archive.org/web/20210303234627/https://www.cnet.com/roadshow/news/fedex-carbon-neutral-ev-delivery-vans/|url-status=live}}</ref> It will be the first customer to take delivery of GM's electric [[BrightDrop Zevo|Zevo delivery vans]], as part of the goal of an all-electric ground fleet by 2040.<ref>{{Cite web|last=Gitlin|first=Jonathan M.|date=2021-01-12|title=FedEx will be the first customer for GM's new electric delivery van|url=https://arstechnica.com/cars/2021/01/fedex-will-be-the-first-customer-for-gms-new-electric-delivery-van/|access-date=2021-03-03|website=Ars Technica|language=en-us|archive-date=March 2, 2021|archive-url=https://web.archive.org/web/20210302065153/https://arstechnica.com/cars/2021/01/fedex-will-be-the-first-customer-for-gms-new-electric-delivery-van/|url-status=live}}</ref>

=== Political donations and lobbying ===
According to [[OpenSecrets]], FedEx Corp is the 174th largest campaign contributor in the United States, having donated over $35.96 million to federal candidates and committees since 1990, 37% of which went to Democrats and 63% to Republicans.<ref name="osfedex">{{Cite web |year=2020 |title=Top Organization Contributors  |url=https://www.opensecrets.org/orgs/list.php?cycle=ALL |url-status=dead |archive-url=https://web.archive.org/web/20191230184031/http://www.opensecrets.org/orgs/list.php?cycle=ALL |archive-date=December 30, 2019 |access-date=January 2, 2020 |website=OpenSecrets.org |publisher=[[OpenSecrets]] |location=United States}}</ref> Strong ties to the White House and members of Congress allow access to international trade and tax cut rebates as well as the rules of the business practices of the [[United States Postal Service]]. In 2001, FedEx sealed a $9&nbsp;billion deal with the [[USPS]] to transport all of the post office's overnight and express deliveries.

In 2005, FedEx was among 53 entities that contributed the maximum of $250,000 to sponsor the second inauguration of President [[George W. Bush]].<ref>{{Cite news |last=Drinkard |first=Jim |date=January 17, 2005 |title=Donors get good seats, great access this week |work=USA Today |url=https://www.usatoday.com/news/washington/2005-01-16-inauguration-donors_x.htm |access-date=May 25, 2008 |archive-date=June 28, 2012 |archive-url=https://web.archive.org/web/20120628235354/http://www.usatoday.com/news/washington/2005-01-16-inauguration-donors_x.htm |url-status=live }}</ref><ref>{{Cite news |date=January 16, 2005 |title=Financing the inauguration |work=USA Today |url=https://www.usatoday.com/news/washington/2005-01-16-inaugural-donors_x.htm |access-date=May 25, 2008 |archive-date=June 28, 2012 |archive-url=https://web.archive.org/web/20120628235320/http://www.usatoday.com/news/washington/2005-01-16-inaugural-donors_x.htm |url-status=live }}</ref><ref>{{Cite news |date=January 14, 2005 |title=Some question inaugural's multi-million price tag |work=USA Today |url=https://www.usatoday.com/news/washington/2005-01-14-price_x.htm |access-date=May 25, 2008 |archive-date=June 28, 2012 |archive-url=https://web.archive.org/web/20120628235330/http://www.usatoday.com/news/washington/2005-01-14-price_x.htm |url-status=live }}</ref>

During the 2018 calendar year, FedEx spent nearly $10.2 million [[lobbying]] the [[Government of the United States|federal government]],<ref name="oslobby1">{{Cite web |year=2020 |title=FedEx Corp Lobbying Profile |url=https://www.opensecrets.org/federal-lobbying/clients/summary?cycle=2018&id=D000000089 |archive-url=https://web.archive.org/web/20210308191338/https://www.opensecrets.org/federal-lobbying/clients/summary?cycle=2018&id=D000000089 |url-status=dead |archive-date=March 8, 2021 |access-date=January 2, 2020 |website=OpenSecrets.org |publisher=[[OpenSecrets]] |location=United States}}</ref> its lowest total since 2008 but more than any other company in the air transport industry.<ref name="oslobby2">{{Cite web |year=2020 |title=Air Transport Lobbying Profile |url=https://www.opensecrets.org/federal-lobbying/industries/summary?cycle=2018&id=M01 |archive-url=https://web.archive.org/web/20210308212859/https://www.opensecrets.org/federal-lobbying/industries/summary?cycle=2018&id=M01 |url-status=dead |archive-date=March 8, 2021 |access-date=January 2, 2020 |website=OpenSecrets.org |publisher=[[OpenSecrets]] |location=United States}}</ref>

=== SCAC codes ===
The [[Standard Carrier Alpha Codes|Standard Carrier Alpha Code (SCAC)]] is a unique code used to identify transportation companies. It is typically two to four alphabetic letters long. It was developed by the [[National Motor Freight Traffic Association]] in the 1960s to help the transportation industry for computerizing data and records. FedEx's codes include:
* FXE – FedEx Express
* FXSP – FedEx SmartPost
* FXG – FedEx Ground
* FXFE – FedEx Freight
* FDCC – FedEx Custom Critical
* FXO – FedEx Office
* FSDC – FedEx Same Day City