FedEx “is an increasingly important driver of the global economy”

FedEx has released its annual Global Economic Impact Report, outlining the company’s worldwide network and role in fueling innovation during its 2025 fiscal year (FY25), and the impact FedEx has had on individuals, businesses, and communities around the world.   As the Asia Pacific region continues to play an increasingly important role in global trade and supply chains, I wanted to share the following highlights from the report: FedEx has operated in APAC for more than 40 years, and today employs tens of thousands of team members across 43 markets, connecting the region to the rest of the worldIn FY25, the combined direct and indirect contributions from FedEx to APAC’s economy totalled approximately $5.7 billionFedEx indirectly contributed $1.6 billion to the region’s overall economy, including $510 million to its Transportation, Storage, and Communications sector, and $484 million to its Manufacturing sector.“Asia Pacific is one of the most dynamic and diverse markets in the world,” said Salil Chari, senior vice president, marketing and customer experience, 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 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.”The report also highlights notable developments across APAC over the last fiscal year, including:Operational enhancements in the form of new flight routes – including a direct round-trip between Singapore and the US, and a new route linking the Asia Pacific hub in Guangzhou, Bangalore, UAE, Liège, and Paris – and new facilities in Bali and Thailand’s Eastern Economic Corridor (EEC), to meet rising regional demand.Supplier support, with 88% of FedEx suppliers in APAC being small enterprises and $1.9 billion spent with suppliers across the region in calendar year 2024.Advances in innovation, including expanded AI-driven digital brokerage solutions across APAC.Sustainability progress, with EV adoption in multiple APAC markets and solar panels supplying more than half the electricity needs of the FedEx South Pacific Regional Hub in SingaporeWeiter zum vollständigen Artikel bei Post&Parcel Weiter zum vollständigen Artikel bei Post&Parcel