2017 U.S.-Booked Air Volume: $144 million
Consolidated U.S. TMC: BCD
According to a BTN estimate, global delivery services firm
FedEx increased its U.S.-booked air travel spend by about 5 percent in 2017.
FedEx for its 2018 fiscal year, which ended May 31, 2018, reported about $65.5
billion in revenue, up about 8.5 percent year over year. Operating expenses
increased 9.6 percent to $60.6 billion. In its 2017 fiscal year, the company
generated about 71,400 metric tons of carbon dioxide equivalent via its
business air travel and rental car use, a figure that increased nearly 12
percent from the prior fiscal year. That figure does not include emissions from
the company's delivery services. The company on May 31, 2018, had more than
425,000 employees, up from 400,000 one year earlier.