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Realigning Demand in the Asia-Pacific market

The Asia-Pacific (APAC) region has long been a driving force in the air cargo industry, fuelled by robust economic growth, expanding consumer markets, and...
HomeCARGOFedEx Fiscal 2024 Revenue Down 2.7%

FedEx Fiscal 2024 Revenue Down 2.7%

FedEx reported $87.7 billion in revenue for fiscal 2024, down 2.7% from 2023, on its June 25 earnings call. For its fourth quarter, which ended May 31, FedEx reported a 0.9% year-over-year increase in revenue to $22.1 billion.  “The entire industry faced a challenging demand environment in FY 2024,” FedEx President and Chief Executive Raj […]