Fedex News Today 2024. In fy 2024, fedex indirectly contributed an estimated $39 billion to global net economic output, including making its largest indirect contribution to the global transportation,. The decision to integrate fedex ground, its outsourced package delivery arm, with the fedex express overnight air delivery business was announced almost a year after activist.

Technology consolidation is key to fedex’s efforts to achieve its goal, announced last year, of $4 billion in cost savings by the end of fiscal 2025 under the new one fedex. Fedex narrowed its fiscal 2024 profit forecast on thursday, raising the bottom end and lowering the top, as cost cuts take hold and share buybacks help offset less business from.