FedEx reports USD 126 billion global impact as APAC role strengthens

FedEx Corp. reported USD 126 billion in combined global direct and indirect economic impact for fiscal year 2025 (FY25), including USD 5.7 billion generated across the Asia Pacific (APAC) region, according to its newly released Global Economic Impact Report.

The annual study, produced with Dun & Bradstreet, outlines how the FedEx network drives commerce, innovation, and community development worldwide. FedEx President and CEO Raj Subramaniam said the findings demonstrate the reach of the so-called “FedEx Effect,” which reflects the company’s ability to connect people, businesses, and markets.

“For more than 50 years, FedEx has shaped global commerce by offering innovative shipping services that bring communities closer together,” Subramaniam said.

“Our culture of innovation, paired with our team’s steadfast commitment to outstanding service and bold ideas, enabled the FedEx network to continue fueling worldwide progress this past year through a rapidly evolving trade landscape and shifts in supply chains.”

The report shows that FedEx’s direct impact alone is 1.6 times greater than the average direct impact of companies with more than 100,000 employees in the Dun & Bradstreet Data Cloud.

This reflects the scale of the FedEx network and ongoing efforts to optimize its operations as “one FedEx.”

FedEx operates the world’s largest express transportation company, reaching more than 220 countries and territories and handling about 17 million packages per day.

The company employs more than 500,000 people across roughly 5,000 facilities and moves more than USD 2 trillion worth of goods annually.

APAC economic contributions

FedEx said APAC continues to be a core growth engine for the global economy. The company employs tens of thousands across 43 countries and territories in the region.

FedEx directly contributed 0.1% to the net economic impact in APAC’s Transportation, Storage, and Communications sector in FY25 and indirectly contributed USD 1.6 billion to the region’s overall economy.

This included USD 510 million to the Transportation, Storage, and Communications sector and USD 484 million to the Manufacturing sector.

The combined direct and indirect contributions reached approximately USD 5.7 billion.

“Asia Pacific is one of the most dynamic and diverse markets in the world,” said Salil Chari, senior vice president of marketing and customer experience for FedEx Asia Pacific.

“It holds 60% of the world’s population and is an increasingly important driver of the global economy. That means the FedEx Effect has a particularly significant impact here and will continue to do so into the future. Our customers span from small e-commerce entrepreneurs to global manufacturers. We continue to invest in the region to enhance our network and operations and introduce new digital innovations to make supply chains smarter, faster, and more sustainable so our customers can compete and thrive in an evolving global economy.”

In the Philippines, FedEx said logistics reliability continues to fuel global competitiveness.

“In the Philippines, we’ve witnessed firsthand how reliable logistics connectivity empowers businesses of all sizes, such as small and medium-sized enterprises, e-commerce retailers, and large manufacturers, on the global stage,” said Maribeth Espinosa, managing director of FedEx Philippines.

“Our ongoing investments in local operations, infrastructure, and digital solutions are designed to help Filipino businesses navigate an increasingly complex and fast-moving trade environment. The FedEx Effect goes beyond moving packages; it’s about unlocking opportunities, enabling growth, and connecting Philippine businesses to the global economy.”

Regional operational investments

FedEx strengthened its APAC network with new and expanded air routes in FY25.

This included a direct round-trip flight between Singapore and the United States to support rising Southeast Asian trade, and a multi-stop route connecting the FedEx APAC hub in Guangzhou to Bangalore, the United Arab Emirates, Liège, and Paris for improved intra-Asia and Asia–Europe connectivity.

The company also increased the frequency of two China–U.S. routes: Qingdao–Memphis (via Osaka) and Xiamen–Anchorage–Memphis (via Incheon).

In Southeast Asia, FedEx opened a gateway facility in Denpasar, Bali, offering faster export connections through Singapore, and a new parcel and freight facility in Laem Chabang in Thailand’s Eastern Economic Corridor to meet rising demand.

Supply chain spending and small-business support

FedEx said that in calendar year 2024 (CY24), 90% of the company’s 100,000 suppliers worldwide were small- and medium-sized businesses.

Across APAC, FedEx spent USD 1.9 billion with suppliers, 73% of which went to small businesses.

Regionally, 88% of FedEx suppliers are small enterprises, underscoring efforts to support local supply chains.

The company also expanded digital tools for small businesses, including the FedEx Import Tool and the Collaborative Shipping Tool, both now available to all import customers across APAC.

Through its annual Small Business Grant Contest, FedEx awarded a combined USD 69,000 to four companies from Singapore, Indonesia, and India for innovations in battery recycling, carbon tracking, satellite propulsion, and space safety.

Digital innovation and sustainability

FedEx continues to scale AI-driven digital brokerage solutions designed to streamline customs clearance and reduce delays.

These tools help businesses adapt to evolving regulatory requirements throughout APAC and other regions.

On sustainability, FedEx advanced its goal of achieving carbon-neutral operations by 2040. APAC fleet electrification expanded in Japan, Korea, New Zealand, Singapore, and Thailand, while charging infrastructure grew in Malaysia and Japan.

In January 2025, the FedEx South Pacific Regional Hub in Singapore began using solar panels, supplying over half its electricity needs.

FedEx also initiated its first major U.S. deployment of sustainable aviation fuel, securing more than 3 million gallons for use at Los Angeles International Airport over a year.

Community impact

Through FedEx Cares, the company contributed USD 55.5 million to nonprofit initiatives in FY25 and logged more than 81,000 volunteer hours globally.

The annual Purple Tote Campaign mobilized 800 team members to contribute 1,000 volunteer hours and donate 3,600 kilograms of essentials, benefiting more than 1,600 people.

FedEx also expanded its youth entrepreneurship initiatives through the FedEx JA International Trade Challenge and broadened its Library Program to 40 schools and communities in China, reaching 9,000 students and teachers.