2018 FedEx Annual Report | Tax Investment

Investing in our people and our network

FedEx exists because of our extraordinary team members and the unequaled global network they’ve built. That’s why we committed more than $4.2 billion following the passage of the Tax Cuts and Jobs Act to ensure we can deliver the service and solutions our customers expect from FedEx far into the future.

>$200M

Compensation

We increased compensation by advancing 2018 pay increases to certain hourly team members 6 months early, and we increased performance-based bonuses for salaried personnel.

$1.5B

Pensions

We made a voluntary contribution to our U.S. pension plans — among the best funded in the U.S. Our primary pension plans are fully funded under the Employee Retirement Income Security Act of 1974 (ERISA).

$2.5B

Network

We’re modernizing and expanding FedEx Express hubs in Memphis and Indianapolis. At the Memphis World Hub — ranked second in the world for total air cargo traffic — we’ll be investing in new sort systems and automation, and improving the quality of work life for our team members. We’ll also significantly expand the Indianapolis hub and install new equipment.

Tax Cut Investment

Investing in our people and our network

Featured Content

Letter From the Chairman

Automation

Purple Runway

Network Stats

Disaster Response

Purple Promise