Supply Chain Digital Magazine August 2025 | Page 80

FEDEX’ S EXPANSION MILESTONES

1971

Federal Express is founded by Frederick W. Smith

1997

Kawal Preet begins her FedEx career as an Industrial Engineer

2025

Global courier services market estimated at US $ 417bn

2024

The APAC region emerges as a hub of rapid growth for FedEx, indirectly contributing around US $ 1.7bn to the region’ s economy

2029( Projection)

Global courier services market could reach US $ 782bn

2040( Target)

FedEx commits to achieving carbon-neutral operations
80 August 2025