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FedEx fiscal 2024 revenue down 2.7% 

Express carrier expects headwind from loss of USPS contract 

Yael KatzwerbyYael Katzwer
June 26, 2024
in Express
Reading Time: 7 mins read
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FedEx reported $87.7 billion in revenue for fiscal 2024, down 2.7% from 2023, on its June 25 earnings call. For its fourth quarter, which ended May 31, FedEx reported a 0.9% year-over-year increase in revenue to $22.1 billion.  “The entire industry faced a challenging demand environment in FY 2024,” FedEx President and Chief Executive Raj […]

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