FedEx Corporation - Southeastern Asset Management€¦ · FedEx Corporation. October 29, 2019....
7
FedEx Corporation October 29, 2019
Transcript of FedEx Corporation - Southeastern Asset Management€¦ · FedEx Corporation. October 29, 2019....
-
FedEx CorporationOctober 29, 2019
-
Forward-Looking StatementsCertain statements in this presentation may be considered forward-looking statements, such as statements relating to management’s views with respect to future events and financial performance. Such forward-looking statements are subject to risks, uncertainties and other factors which could cause actual results to differ materially from historical experience or from future results expressed or implied by such forward-looking statements. Potential risks and uncertainties include, but are not limited to, the rate and mix of future global e-commerce growth and our ability to successfully compete in the e-commerce market, our ability to successfully implement our business strategy and effectively respond to changes in market dynamics, our ability to match capacity to shifting volume levels, and other factors which can be found in FedEx Corp.’s and its subsidiaries’ press releases and FedEx Corp.’s filings with the Securities and Exchange Commission. Any forward-looking statement speaks only as of the date on which it is made. We do not undertake or assume any obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.
-
Source- Rakuten Intelligence 1
Chart1
4273042730427304273042730
4273742737427374273742737
4274442744427444274442744
4275142751427514275142751
4275842758427584275842758
4276542765427654276542765
4277242772427724277242772
4277942779427794277942779
4278642786427864278642786
4279342793427934279342793
4280042800428004280042800
4280742807428074280742807
4281442814428144281442814
4282142821428214282142821
4282842828428284282842828
4283542835428354283542835
4284242842428424284242842
4284942849428494284942849
4285642856428564285642856
4286342863428634286342863
4287042870428704287042870
4287742877428774287742877
4288442884428844288442884
4289142891428914289142891
4289842898428984289842898
4290542905429054290542905
4291242912429124291242912
4291942919429194291942919
4292642926429264292642926
4293342933429334293342933
4294042940429404294042940
4294742947429474294742947
4295442954429544295442954
4296142961429614296142961
4296842968429684296842968
4297542975429754297542975
4298242982429824298242982
4298942989429894298942989
4299642996429964299642996
4300343003430034300343003
4301043010430104301043010
4301743017430174301743017
4302443024430244302443024
4303143031430314303143031
4303843038430384303843038
4304543045430454304543045
4305243052430524305243052
4305943059430594305943059
4306643066430664306643066
4307343073430734307343073
4308043080430804308043080
4308743087430874308743087
4309443094430944309443094
4310143101431014310143101
4310843108431084310843108
4311543115431154311543115
4312243122431224312243122
4312943129431294312943129
4313643136431364313643136
4314343143431434314343143
4315043150431504315043150
4315743157431574315743157
4316443164431644316443164
4317143171431714317143171
4317843178431784317843178
4318543185431854318543185
4319243192431924319243192
4319943199431994319943199
4320643206432064320643206
4321343213432134321343213
4322043220432204322043220
4322743227432274322743227
4323443234432344323443234
4324143241432414324143241
4324843248432484324843248
4325543255432554325543255
4326243262432624326243262
4326943269432694326943269
4327643276432764327643276
4328343283432834328343283
4329043290432904329043290
4329743297432974329743297
4330443304433044330443304
4331143311433114331143311
4331843318433184331843318
4332543325433254332543325
4333243332433324333243332
4333943339433394333943339
4334643346433464334643346
4335343353433534335343353
4336043360433604336043360
4336743367433674336743367
4337443374433744337443374
4338143381433814338143381
4338843388433884338843388
4339543395433954339543395
4340243402434024340243402
4340943409434094340943409
4341643416434164341643416
4342343423434234342343423
4343043430434304343043430
4343743437434374343743437
4344443444434444344443444
4345143451434514345143451
4345843458434584345843458
4346543465434654346543465
4347243472434724347243472
4347943479434794347943479
4348643486434864348643486
4349343493434934349343493
4350043500435004350043500
4350743507435074350743507
4351443514435144351443514
4352143521435214352143521
4352843528435284352843528
4353543535435354353543535
4354243542435424354243542
4354943549435494354943549
4355643556435564355643556
4356343563435634356343563
4357043570435704357043570
4357743577435774357743577
4358443584435844358443584
4359143591435914359143591
4359843598435984359843598
4360543605436054360543605
4361243612436124361243612
Amazon
FedEx
UPS
USPS
Other
Last-Mile Carrier Share of Amazon.com Shipments
0.1519267756
0.0230692535
0.1863725481
0.6166341922
0.0219972306
0.1259739159
0.031036462
0.206823362
0.612507034
0.0236592261
0.1406325783
0.0316453586
0.2034557955
0.5969439535
0.0273223141
0.1535477796
0.0316635678
0.204063468
0.5811288698
0.0295963148
0.1611699691
0.0305086187
0.199177083
0.5795499156
0.0295944136
0.162017807
0.0290083124
0.209668547
0.569141414
0.0301639196
0.1627745014
0.0261601473
0.2192515905
0.5621768196
0.0296369412
0.1707375069
0.0249641725
0.21450454
0.558048687
0.0317450936
0.166542376
0.0247052255
0.2145774362
0.5646894618
0.0294855005
0.156820843
0.0260143563
0.2172907463
0.5707198185
0.0291542359
0.1624433574
0.025549119
0.216216208
0.5671816944
0.0286096212
0.1657616659
0.0258010205
0.2167888791
0.5621665864
0.0294818481
0.178619788
0.0249579349
0.2100769226
0.5579098745
0.0284354799
0.1855611558
0.0245098626
0.2077948345
0.5541946473
0.0279394998
0.181027961
0.0254055421
0.2090051591
0.5565011633
0.0280601746
0.1922460095
0.0239570945
0.1993623862
0.5555958551
0.0288386547
0.1965472464
0.0245993113
0.1897040542
0.5577867833
0.0313626048
0.1950494489
0.0241909019
0.195757995
0.5563320445
0.0286696097
0.1960777307
0.0229826556
0.196921958
0.5566621933
0.0273554623
0.196848093
0.022267263
0.1951577069
0.5583187551
0.027408182
0.20602499
0.0219385012
0.1857420971
0.5569338942
0.0293605175
0.2089460445
0.0209351339
0.1771021688
0.5638952512
0.0291214016
0.2134597812
0.0198047543
0.177249211
0.5606593589
0.0288268946
0.2087494806
0.0226977502
0.1924176257
0.5464552584
0.0296798851
0.2046003523
0.0234454601
0.1895008363
0.5538807621
0.0285725892
0.2107916137
0.0231203015
0.1822160944
0.552785181
0.0310868094
0.2159642974
0.0253991363
0.1709805811
0.5568166315
0.0308393537
0.2090888567
0.0235156487
0.1576977835
0.5824100963
0.0272876148
0.1879965763
0.0244316024
0.213419728
0.5488962707
0.0252558226
0.2166671645
0.0236017091
0.1780031034
0.5503510895
0.0313769335
0.2227034441
0.0234049716
0.1763458784
0.5449890396
0.0325566663
0.2040934184
0.0242911717
0.1827555041
0.556029095
0.0328308108
0.2191407305
0.0241994869
0.1794828406
0.5450401529
0.0321367891
0.2251153625
0.0246511832
0.1746933504
0.5435653004
0.0319748035
0.223174587
0.0251355357
0.1775355961
0.5410732563
0.0330810249
0.2135358608
0.0244720386
0.1760186873
0.555783121
0.0301902923
0.2122637003
0.0238825716
0.1812311315
0.5514898542
0.0311327424
0.2201138247
0.0253440768
0.1726118482
0.5502880099
0.0316422404
0.2315471774
0.0260122075
0.1693819939
0.5412219696
0.0318366516
0.2389773053
0.0249888344
0.1715696447
0.5345062918
0.0299579238
0.2416512109
0.0257801292
0.1868122995
0.5166969029
0.0290594575
0.2439948412
0.0245701268
0.186824176
0.514686046
0.02992481
0.2457249958
0.0210033698
0.1779892421
0.5236524702
0.0316299221
0.2491313116
0.0223221965
0.1865809319
0.5113965919
0.0305689681
0.269803231
0.0217322329
0.1778070984
0.5002696885
0.0303877492
0.2704840721
0.0210894149
0.1794408124
0.4954156192
0.0335700814
0.2722972588
0.0205894516
0.1950963695
0.484118031
0.0278988891
0.2431013582
0.017851055
0.2068645634
0.5110113205
0.0211717029
0.2091778677
0.0248132253
0.2085280148
0.5361756693
0.0213052229
0.2086341545
0.0268422669
0.1889928627
0.5573481827
0.0181825333
0.1913447617
0.0235552882
0.2419122463
0.5268018485
0.0163858553
0.1901395688
0.0225919477
0.261331182
0.5092648837
0.0166724178
0.2502351822
0.023642825
0.1914917809
0.5105017156
0.0241284963
0.2376454006
0.0197960399
0.20211244
0.5167058108
0.0237403087
0.26693845
0.0205752353
0.1863647023
0.499480914
0.0266406984
0.2798612036
0.020901729
0.1679981312
0.5033663175
0.0278726187
0.2924845548
0.0221876179
0.1590358825
0.4997182248
0.02657372
0.2899691688
0.0218128656
0.1578738708
0.5027499242
0.0275941706
0.2889342782
0.0224497366
0.1562131252
0.5058661873
0.0265366727
0.3004901353
0.0233191674
0.1567385524
0.4928632003
0.0265889446
0.2967516213
0.025613401
0.1534227091
0.4996935325
0.0245187361
0.288587101
0.0264064201
0.1565019145
0.5048623679
0.0236421965
0.2787629013
0.0264682394
0.1657286153
0.5062595506
0.0227806934
0.2957330185
0.0234319061
0.1500537859
0.5057224783
0.0250588112
0.2902225442
0.0242280488
0.1438341912
0.5165991011
0.0251161147
0.3000218825
0.0241142162
0.1375523233
0.5138041187
0.0245074593
0.3006372993
0.0229244945
0.1481493192
0.5037880007
0.0245008863
0.2992466173
0.0229457875
0.1425510773
0.5118296211
0.0234268968
0.2974703357
0.0258637775
0.153369708
0.4999563336
0.0233398452
0.3000592632
0.0252990938
0.1479198408
0.5019658549
0.0247559473
0.2979354027
0.0252090262
0.1508766472
0.5025813005
0.0233976234
0.3030428451
0.0242827655
0.1461929036
0.5040290292
0.0224524566
0.3031312716
0.0248104361
0.1493120176
0.5007402906
0.0220059841
0.30318352
0.02534781
0.1449699666
0.5053625191
0.0211361843
0.3061053741
0.0239631224
0.1401407397
0.5097517789
0.0200389849
0.2934921506
0.0258919217
0.1502473267
0.5088489778
0.0215196232
0.2933734507
0.0250204737
0.1520160802
0.5095512442
0.0200387512
0.3020852969
0.024010485
0.1455080247
0.5087093036
0.0196868898
0.2997290803
0.0254994177
0.1474251196
0.5063855532
0.0209608292
0.2860309517
0.0243151295
0.1490251726
0.5212230505
0.0194056957
0.3042834183
0.027302054
0.1419463046
0.5044946823
0.0219735408
0.2726849557
0.0232688263
0.1859009928
0.4982728345
0.0198723907
0.3074858342
0.025921091
0.1493932993
0.4960695384
0.0211302371
0.3068342636
0.0274886912
0.1508373783
0.4938288696
0.0210107973
0.2937850253
0.0258006155
0.1530741719
0.5068018543
0.0205383329
0.285331686
0.0243443465
0.1581575544
0.5122264354
0.0199399777
0.2882735477
0.0236000124
0.1573711305
0.5105965
0.0201588094
0.297056817
0.0237128461
0.1560002038
0.5037750077
0.0194551254
0.3033310756
0.0226291998
0.1600306498
0.4942622981
0.0197467767
0.3073927403
0.0213319659
0.1792586772
0.4731542607
0.0188623559
0.3163522587
0.0219171894
0.1698751152
0.4736140221
0.0182414146
0.3242352357
0.0257789464
0.1671905643
0.46439922
0.0183960336
0.3226259391
0.0270707394
0.1607553814
0.467139192
0.0224087481
0.3250431107
0.0236077549
0.1601343804
0.4694736624
0.0217410916
0.3211886356
0.0235462682
0.1651408562
0.4698660262
0.0202582138
0.3334824936
0.023558523
0.172524457
0.4515858308
0.0188486956
0.3612591251
0.0255233195
0.1595180932
0.4351946727
0.0185047895
0.3688640821
0.0254218356
0.1667181584
0.4212186031
0.0177773208
0.3536770353
0.0232660209
0.1693185651
0.4376706914
0.0160676873
0.3379179134
0.0199177718
0.1530524679
0.4742554001
0.0148564468
0.3141724722
0.0203624076
0.1846310482
0.4661191753
0.0147148967
0.317062705
0.0214272232
0.1867709158
0.4614433422
0.0132958138
0.2981770426
0.0204635244
0.1962841005
0.4741452896
0.0109300429
0.3042798476
0.0191294389
0.193558072
0.472259227
0.0107734145
0.3719300198
0.020981826
0.1576962088
0.4351017939
0.0142901515
0.3777002979
0.0211922218
0.1708292101
0.4167715738
0.0135066964
0.3955159073
0.0216261379
0.1462520051
0.4218451148
0.0147608349
0.3999824098
0.0224271129
0.150690998
0.4131171331
0.0137823462
0.4114796077
0.0242521676
0.1360210132
0.4148832674
0.0133639441
0.4075653897
0.0245373664
0.1515877502
0.4024208268
0.0138886669
0.4163922502
0.0251989312
0.1516337371
0.3931270629
0.0136480186
0.4216054416
0.0248901801
0.1575091253
0.382131746
0.013863507
0.4407988512
0.024303952
0.1508168314
0.3698767127
0.0142036527
0.4291266661
0.0241531973
0.156050773
0.3768646457
0.0138047179
0.4299275829
0.0255978701
0.1562094233
0.3743507901
0.0139143336
0.445650809
0.0262816038
0.1481854566
0.3652225479
0.0146595827
0.4400014271
0.0252117599
0.1512005081
0.3691817879
0.014404517
0.4338169934
0.0230527383
0.1614651571
0.3675812032
0.014083908
0.4460285452
0.0212152965
0.1654211889
0.3530306604
0.014304309
0.4512582392
0.018126641
0.1800255464
0.3361846081
0.0144049653
0.4629304243
0.0182773957
0.1747916048
0.3291966751
0.0148039001
0.4621295075
0.016832723
0.1746329545
0.3317105307
0.0146942843
0.4464062814
0.0161489893
0.1826569212
0.3408387729
0.0139490352
0.4520556633
0.0172188332
0.1796418697
0.3368795329
0.0142041009
0.458240097
0.0193778547
0.1693772207
0.3384801176
0.01452471
0.4632488254
0.0227069446
0.1716951485
0.332622841
0.0097262405
0.4762656158
0.015760392
0.1652908415
0.3326494584
0.0100336923
chart (2)
42730
42737
42744
42751
42758
42765
42772
42779
42786
42793
42800
42807
42814
42821
42828
42835
42842
42849
42856
42863
42870
42877
42884
42891
42898
42905
42912
42919
42926
42933
42940
42947
42954
42961
42968
42975
42982
42989
42996
43003
43010
43017
43024
43031
43038
43045
43052
43059
43066
43073
43080
43087
43094
43101
43108
43115
43122
43129
43136
43143
43150
43157
43164
43171
43178
43185
43192
43199
43206
43213
43220
43227
43234
43241
43248
43255
43262
43269
43276
43283
43290
43297
43304
43311
43318
43325
43332
43339
43346
43353
43360
43367
43374
43381
43388
43395
43402
43409
43416
43423
43430
43437
43444
43451
43458
43465
43472
43479
43486
43493
43500
43507
43514
43521
43528
43535
43542
43549
43556
43563
43570
43577
43584
43591
43598
43605
43612
Amazon
Share of Amazon.com Shipments
Amazon Logistics Share of Amazon.com Shipments (Jan-17 to May-19)
0.1519267756
0.1259739159
0.1406325783
0.1535477796
0.1611699691
0.162017807
0.1627745014
0.1707375069
0.166542376
0.156820843
0.1624433574
0.1657616659
0.178619788
0.1855611558
0.181027961
0.1922460095
0.1965472464
0.1950494489
0.1960777307
0.196848093
0.20602499
0.2089460445
0.2134597812
0.2087494806
0.2046003523
0.2107916137
0.2159642974
0.2090888567
0.1879965763
0.2166671645
0.2227034441
0.2040934184
0.2191407305
0.2251153625
0.223174587
0.2135358608
0.2122637003
0.2201138247
0.2315471774
0.2389773053
0.2416512109
0.2439948412
0.2457249958
0.2491313116
0.269803231
0.2704840721
0.2722972588
0.2431013582
0.2091778677
0.2086341545
0.1913447617
0.1901395688
0.2502351822
0.2376454006
0.26693845
0.2798612036
0.2924845548
0.2899691688
0.2889342782
0.3004901353
0.2967516213
0.288587101
0.2787629013
0.2957330185
0.2902225442
0.3000218825
0.3006372993
0.2992466173
0.2974703357
0.3000592632
0.2979354027
0.3030428451
0.3031312716
0.30318352
0.3061053741
0.2934921506
0.2933734507
0.3020852969
0.2997290803
0.2860309517
0.3042834183
0.2726849557
0.3074858342
0.3068342636
0.2937850253
0.285331686
0.2882735477
0.297056817
0.3033310756
0.3073927403
0.3163522587
0.3242352357
0.3226259391
0.3250431107
0.3211886356
0.3334824936
0.3612591251
0.3688640821
0.3536770353
0.3379179134
0.3141724722
0.317062705
0.2981770426
0.3042798476
0.3719300198
0.3777002979
0.3955159073
0.3999824098
0.4114796077
0.4075653897
0.4163922502
0.4216054416
0.4407988512
0.4291266661
0.4299275829
0.445650809
0.4400014271
0.4338169934
0.4460285452
0.4512582392
0.4629304243
0.4621295075
0.4464062814
0.4520556633
0.458240097
0.4632488254
0.4762656158
chart
4273042730427304273042730
4273742737427374273742737
4274442744427444274442744
4275142751427514275142751
4275842758427584275842758
4276542765427654276542765
4277242772427724277242772
4277942779427794277942779
4278642786427864278642786
4279342793427934279342793
4280042800428004280042800
4280742807428074280742807
4281442814428144281442814
4282142821428214282142821
4282842828428284282842828
4283542835428354283542835
4284242842428424284242842
4284942849428494284942849
4285642856428564285642856
4286342863428634286342863
4287042870428704287042870
4287742877428774287742877
4288442884428844288442884
4289142891428914289142891
4289842898428984289842898
4290542905429054290542905
4291242912429124291242912
4291942919429194291942919
4292642926429264292642926
4293342933429334293342933
4294042940429404294042940
4294742947429474294742947
4295442954429544295442954
4296142961429614296142961
4296842968429684296842968
4297542975429754297542975
4298242982429824298242982
4298942989429894298942989
4299642996429964299642996
4300343003430034300343003
4301043010430104301043010
4301743017430174301743017
4302443024430244302443024
4303143031430314303143031
4303843038430384303843038
4304543045430454304543045
4305243052430524305243052
4305943059430594305943059
4306643066430664306643066
4307343073430734307343073
4308043080430804308043080
4308743087430874308743087
4309443094430944309443094
4310143101431014310143101
4310843108431084310843108
4311543115431154311543115
4312243122431224312243122
4312943129431294312943129
4313643136431364313643136
4314343143431434314343143
4315043150431504315043150
4315743157431574315743157
4316443164431644316443164
4317143171431714317143171
4317843178431784317843178
4318543185431854318543185
4319243192431924319243192
4319943199431994319943199
4320643206432064320643206
4321343213432134321343213
4322043220432204322043220
4322743227432274322743227
4323443234432344323443234
4324143241432414324143241
4324843248432484324843248
4325543255432554325543255
4326243262432624326243262
4326943269432694326943269
4327643276432764327643276
4328343283432834328343283
4329043290432904329043290
4329743297432974329743297
4330443304433044330443304
4331143311433114331143311
4331843318433184331843318
4332543325433254332543325
4333243332433324333243332
4333943339433394333943339
4334643346433464334643346
4335343353433534335343353
4336043360433604336043360
4336743367433674336743367
4337443374433744337443374
4338143381433814338143381
4338843388433884338843388
4339543395433954339543395
4340243402434024340243402
4340943409434094340943409
4341643416434164341643416
4342343423434234342343423
4343043430434304343043430
4343743437434374343743437
4344443444434444344443444
4345143451434514345143451
4345843458434584345843458
4346543465434654346543465
4347243472434724347243472
4347943479434794347943479
4348643486434864348643486
4349343493434934349343493
4350043500435004350043500
4350743507435074350743507
4351443514435144351443514
4352143521435214352143521
4352843528435284352843528
4353543535435354353543535
4354243542435424354243542
4354943549435494354943549
4355643556435564355643556
4356343563435634356343563
4357043570435704357043570
4357743577435774357743577
4358443584435844358443584
4359143591435914359143591
4359843598435984359843598
4360543605436054360543605
4361243612436124361243612
Amazon
FedEx
UPS
USPS
Other
Last-Mile Carrier Share of Amazon.com Shipments (Jan-17 to May-19)
0.1519267756
0.0230692535
0.1863725481
0.6166341922
0.0219972306
0.1259739159
0.031036462
0.206823362
0.612507034
0.0236592261
0.1406325783
0.0316453586
0.2034557955
0.5969439535
0.0273223141
0.1535477796
0.0316635678
0.204063468
0.5811288698
0.0295963148
0.1611699691
0.0305086187
0.199177083
0.5795499156
0.0295944136
0.162017807
0.0290083124
0.209668547
0.569141414
0.0301639196
0.1627745014
0.0261601473
0.2192515905
0.5621768196
0.0296369412
0.1707375069
0.0249641725
0.21450454
0.558048687
0.0317450936
0.166542376
0.0247052255
0.2145774362
0.5646894618
0.0294855005
0.156820843
0.0260143563
0.2172907463
0.5707198185
0.0291542359
0.1624433574
0.025549119
0.216216208
0.5671816944
0.0286096212
0.1657616659
0.0258010205
0.2167888791
0.5621665864
0.0294818481
0.178619788
0.0249579349
0.2100769226
0.5579098745
0.0284354799
0.1855611558
0.0245098626
0.2077948345
0.5541946473
0.0279394998
0.181027961
0.0254055421
0.2090051591
0.5565011633
0.0280601746
0.1922460095
0.0239570945
0.1993623862
0.5555958551
0.0288386547
0.1965472464
0.0245993113
0.1897040542
0.5577867833
0.0313626048
0.1950494489
0.0241909019
0.195757995
0.5563320445
0.0286696097
0.1960777307
0.0229826556
0.196921958
0.5566621933
0.0273554623
0.196848093
0.022267263
0.1951577069
0.5583187551
0.027408182
0.20602499
0.0219385012
0.1857420971
0.5569338942
0.0293605175
0.2089460445
0.0209351339
0.1771021688
0.5638952512
0.0291214016
0.2134597812
0.0198047543
0.177249211
0.5606593589
0.0288268946
0.2087494806
0.0226977502
0.1924176257
0.5464552584
0.0296798851
0.2046003523
0.0234454601
0.1895008363
0.5538807621
0.0285725892
0.2107916137
0.0231203015
0.1822160944
0.552785181
0.0310868094
0.2159642974
0.0253991363
0.1709805811
0.5568166315
0.0308393537
0.2090888567
0.0235156487
0.1576977835
0.5824100963
0.0272876148
0.1879965763
0.0244316024
0.213419728
0.5488962707
0.0252558226
0.2166671645
0.0236017091
0.1780031034
0.5503510895
0.0313769335
0.2227034441
0.0234049716
0.1763458784
0.5449890396
0.0325566663
0.2040934184
0.0242911717
0.1827555041
0.556029095
0.0328308108
0.2191407305
0.0241994869
0.1794828406
0.5450401529
0.0321367891
0.2251153625
0.0246511832
0.1746933504
0.5435653004
0.0319748035
0.223174587
0.0251355357
0.1775355961
0.5410732563
0.0330810249
0.2135358608
0.0244720386
0.1760186873
0.555783121
0.0301902923
0.2122637003
0.0238825716
0.1812311315
0.5514898542
0.0311327424
0.2201138247
0.0253440768
0.1726118482
0.5502880099
0.0316422404
0.2315471774
0.0260122075
0.1693819939
0.5412219696
0.0318366516
0.2389773053
0.0249888344
0.1715696447
0.5345062918
0.0299579238
0.2416512109
0.0257801292
0.1868122995
0.5166969029
0.0290594575
0.2439948412
0.0245701268
0.186824176
0.514686046
0.02992481
0.2457249958
0.0210033698
0.1779892421
0.5236524702
0.0316299221
0.2491313116
0.0223221965
0.1865809319
0.5113965919
0.0305689681
0.269803231
0.0217322329
0.1778070984
0.5002696885
0.0303877492
0.2704840721
0.0210894149
0.1794408124
0.4954156192
0.0335700814
0.2722972588
0.0205894516
0.1950963695
0.484118031
0.0278988891
0.2431013582
0.017851055
0.2068645634
0.5110113205
0.0211717029
0.2091778677
0.0248132253
0.2085280148
0.5361756693
0.0213052229
0.2086341545
0.0268422669
0.1889928627
0.5573481827
0.0181825333
0.1913447617
0.0235552882
0.2419122463
0.5268018485
0.0163858553
0.1901395688
0.0225919477
0.261331182
0.5092648837
0.0166724178
0.2502351822
0.023642825
0.1914917809
0.5105017156
0.0241284963
0.2376454006
0.0197960399
0.20211244
0.5167058108
0.0237403087
0.26693845
0.0205752353
0.1863647023
0.499480914
0.0266406984
0.2798612036
0.020901729
0.1679981312
0.5033663175
0.0278726187
0.2924845548
0.0221876179
0.1590358825
0.4997182248
0.02657372
0.2899691688
0.0218128656
0.1578738708
0.5027499242
0.0275941706
0.2889342782
0.0224497366
0.1562131252
0.5058661873
0.0265366727
0.3004901353
0.0233191674
0.1567385524
0.4928632003
0.0265889446
0.2967516213
0.025613401
0.1534227091
0.4996935325
0.0245187361
0.288587101
0.0264064201
0.1565019145
0.5048623679
0.0236421965
0.2787629013
0.0264682394
0.1657286153
0.5062595506
0.0227806934
0.2957330185
0.0234319061
0.1500537859
0.5057224783
0.0250588112
0.2902225442
0.0242280488
0.1438341912
0.5165991011
0.0251161147
0.3000218825
0.0241142162
0.1375523233
0.5138041187
0.0245074593
0.3006372993
0.0229244945
0.1481493192
0.5037880007
0.0245008863
0.2992466173
0.0229457875
0.1425510773
0.5118296211
0.0234268968
0.2974703357
0.0258637775
0.153369708
0.4999563336
0.0233398452
0.3000592632
0.0252990938
0.1479198408
0.5019658549
0.0247559473
0.2979354027
0.0252090262
0.1508766472
0.5025813005
0.0233976234
0.3030428451
0.0242827655
0.1461929036
0.5040290292
0.0224524566
0.3031312716
0.0248104361
0.1493120176
0.5007402906
0.0220059841
0.30318352
0.02534781
0.1449699666
0.5053625191
0.0211361843
0.3061053741
0.0239631224
0.1401407397
0.5097517789
0.0200389849
0.2934921506
0.0258919217
0.1502473267
0.5088489778
0.0215196232
0.2933734507
0.0250204737
0.1520160802
0.5095512442
0.0200387512
0.3020852969
0.024010485
0.1455080247
0.5087093036
0.0196868898
0.2997290803
0.0254994177
0.1474251196
0.5063855532
0.0209608292
0.2860309517
0.0243151295
0.1490251726
0.5212230505
0.0194056957
0.3042834183
0.027302054
0.1419463046
0.5044946823
0.0219735408
0.2726849557
0.0232688263
0.1859009928
0.4982728345
0.0198723907
0.3074858342
0.025921091
0.1493932993
0.4960695384
0.0211302371
0.3068342636
0.0274886912
0.1508373783
0.4938288696
0.0210107973
0.2937850253
0.0258006155
0.1530741719
0.5068018543
0.0205383329
0.285331686
0.0243443465
0.1581575544
0.5122264354
0.0199399777
0.2882735477
0.0236000124
0.1573711305
0.5105965
0.0201588094
0.297056817
0.0237128461
0.1560002038
0.5037750077
0.0194551254
0.3033310756
0.0226291998
0.1600306498
0.4942622981
0.0197467767
0.3073927403
0.0213319659
0.1792586772
0.4731542607
0.0188623559
0.3163522587
0.0219171894
0.1698751152
0.4736140221
0.0182414146
0.3242352357
0.0257789464
0.1671905643
0.46439922
0.0183960336
0.3226259391
0.0270707394
0.1607553814
0.467139192
0.0224087481
0.3250431107
0.0236077549
0.1601343804
0.4694736624
0.0217410916
0.3211886356
0.0235462682
0.1651408562
0.4698660262
0.0202582138
0.3334824936
0.023558523
0.172524457
0.4515858308
0.0188486956
0.3612591251
0.0255233195
0.1595180932
0.4351946727
0.0185047895
0.3688640821
0.0254218356
0.1667181584
0.4212186031
0.0177773208
0.3536770353
0.0232660209
0.1693185651
0.4376706914
0.0160676873
0.3379179134
0.0199177718
0.1530524679
0.4742554001
0.0148564468
0.3141724722
0.0203624076
0.1846310482
0.4661191753
0.0147148967
0.317062705
0.0214272232
0.1867709158
0.4614433422
0.0132958138
0.2981770426
0.0204635244
0.1962841005
0.4741452896
0.0109300429
0.3042798476
0.0191294389
0.193558072
0.472259227
0.0107734145
0.3719300198
0.020981826
0.1576962088
0.4351017939
0.0142901515
0.3777002979
0.0211922218
0.1708292101
0.4167715738
0.0135066964
0.3955159073
0.0216261379
0.1462520051
0.4218451148
0.0147608349
0.3999824098
0.0224271129
0.150690998
0.4131171331
0.0137823462
0.4114796077
0.0242521676
0.1360210132
0.4148832674
0.0133639441
0.4075653897
0.0245373664
0.1515877502
0.4024208268
0.0138886669
0.4163922502
0.0251989312
0.1516337371
0.3931270629
0.0136480186
0.4216054416
0.0248901801
0.1575091253
0.382131746
0.013863507
0.4407988512
0.024303952
0.1508168314
0.3698767127
0.0142036527
0.4291266661
0.0241531973
0.156050773
0.3768646457
0.0138047179
0.4299275829
0.0255978701
0.1562094233
0.3743507901
0.0139143336
0.445650809
0.0262816038
0.1481854566
0.3652225479
0.0146595827
0.4400014271
0.0252117599
0.1512005081
0.3691817879
0.014404517
0.4338169934
0.0230527383
0.1614651571
0.3675812032
0.014083908
0.4460285452
0.0212152965
0.1654211889
0.3530306604
0.014304309
0.4512582392
0.018126641
0.1800255464
0.3361846081
0.0144049653
0.4629304243
0.0182773957
0.1747916048
0.3291966751
0.0148039001
0.4621295075
0.016832723
0.1746329545
0.3317105307
0.0146942843
0.4464062814
0.0161489893
0.1826569212
0.3408387729
0.0139490352
0.4520556633
0.0172188332
0.1796418697
0.3368795329
0.0142041009
0.458240097
0.0193778547
0.1693772207
0.3384801176
0.01452471
0.4632488254
0.0227069446
0.1716951485
0.332622841
0.0097262405
0.4762656158
0.015760392
0.1652908415
0.3326494584
0.0100336923
data
Week StartAmazonFedExUPSUSPSOther
12/26/1615.2%2.3%18.6%61.7%2.2%
1/2/1712.6%3.1%20.7%61.3%2.4%
1/9/1714.1%3.2%20.3%59.7%2.7%
1/16/1715.4%3.2%20.4%58.1%3.0%
1/23/1716.1%3.1%19.9%58.0%3.0%
1/30/1716.2%2.9%21.0%56.9%3.0%
2/6/1716.3%2.6%21.9%56.2%3.0%
2/13/1717.1%2.5%21.5%55.8%3.2%
2/20/1716.7%2.5%21.5%56.5%2.9%
2/27/1715.7%2.6%21.7%57.1%2.9%
3/6/1716.2%2.6%21.6%56.7%2.9%
3/13/1716.6%2.6%21.7%56.2%2.9%
3/20/1717.9%2.5%21.0%55.8%2.8%
3/27/1718.6%2.5%20.8%55.4%2.8%
4/3/1718.1%2.5%20.9%55.7%2.8%
4/10/1719.2%2.4%19.9%55.6%2.9%
4/17/1719.7%2.5%19.0%55.8%3.1%
4/24/1719.5%2.4%19.6%55.6%2.9%
5/1/1719.6%2.3%19.7%55.7%2.7%
5/8/1719.7%2.2%19.5%55.8%2.7%
5/15/1720.6%2.2%18.6%55.7%2.9%
5/22/1720.9%2.1%17.7%56.4%2.9%
5/29/1721.3%2.0%17.7%56.1%2.9%
6/5/1720.9%2.3%19.2%54.6%3.0%
6/12/1720.5%2.3%19.0%55.4%2.9%
6/19/1721.1%2.3%18.2%55.3%3.1%
6/26/1721.6%2.5%17.1%55.7%3.1%
7/3/1720.9%2.4%15.8%58.2%2.7%
7/10/1718.8%2.4%21.3%54.9%2.5%
7/17/1721.7%2.4%17.8%55.0%3.1%
7/24/1722.3%2.3%17.6%54.5%3.3%
7/31/1720.4%2.4%18.3%55.6%3.3%
8/7/1721.9%2.4%17.9%54.5%3.2%
8/14/1722.5%2.5%17.5%54.4%3.2%
8/21/1722.3%2.5%17.8%54.1%3.3%
8/28/1721.4%2.4%17.6%55.6%3.0%
9/4/1721.2%2.4%18.1%55.1%3.1%
9/11/1722.0%2.5%17.3%55.0%3.2%
9/18/1723.2%2.6%16.9%54.1%3.2%
9/25/1723.9%2.5%17.2%53.5%3.0%
10/2/1724.2%2.6%18.7%51.7%2.9%
10/9/1724.4%2.5%18.7%51.5%3.0%
10/16/1724.6%2.1%17.8%52.4%3.2%
10/23/1724.9%2.2%18.7%51.1%3.1%
10/30/1727.0%2.2%17.8%50.0%3.0%
11/6/1727.0%2.1%17.9%49.5%3.4%
11/13/1727.2%2.1%19.5%48.4%2.8%
11/20/1724.3%1.8%20.7%51.1%2.1%
11/27/1720.9%2.5%20.9%53.6%2.1%
12/4/1720.9%2.7%18.9%55.7%1.8%
12/11/1719.1%2.4%24.2%52.7%1.6%
12/18/1719.0%2.3%26.1%50.9%1.7%
12/25/1725.0%2.4%19.1%51.1%2.4%
1/1/1823.8%2.0%20.2%51.7%2.4%
1/8/1826.7%2.1%18.6%49.9%2.7%
1/15/1828.0%2.1%16.8%50.3%2.8%
1/22/1829.2%2.2%15.9%50.0%2.7%
1/29/1829.0%2.2%15.8%50.3%2.8%
2/5/1828.9%2.2%15.6%50.6%2.7%
2/12/1830.0%2.3%15.7%49.3%2.7%
2/19/1829.7%2.6%15.3%50.0%2.5%
2/26/1828.9%2.6%15.7%50.5%2.4%
3/5/1827.9%2.6%16.6%50.6%2.3%
3/12/1829.6%2.3%15.0%50.6%2.5%
3/19/1829.0%2.4%14.4%51.7%2.5%
3/26/1830.0%2.4%13.8%51.4%2.5%
4/2/1830.1%2.3%14.8%50.4%2.5%
4/9/1829.9%2.3%14.3%51.2%2.3%
4/16/1829.7%2.6%15.3%50.0%2.3%
4/23/1830.0%2.5%14.8%50.2%2.5%
4/30/1829.8%2.5%15.1%50.3%2.3%
5/7/1830.3%2.4%14.6%50.4%2.2%
5/14/1830.3%2.5%14.9%50.1%2.2%
5/21/1830.3%2.5%14.5%50.5%2.1%
5/28/1830.6%2.4%14.0%51.0%2.0%
6/4/1829.3%2.6%15.0%50.9%2.2%
6/11/1829.3%2.5%15.2%51.0%2.0%
6/18/1830.2%2.4%14.6%50.9%2.0%
6/25/1830.0%2.5%14.7%50.6%2.1%
7/2/1828.6%2.4%14.9%52.1%1.9%
7/9/1830.4%2.7%14.2%50.4%2.2%
7/16/1827.3%2.3%18.6%49.8%2.0%
7/23/1830.7%2.6%14.9%49.6%2.1%
7/30/1830.7%2.7%15.1%49.4%2.1%
8/6/1829.4%2.6%15.3%50.7%2.1%
8/13/1828.5%2.4%15.8%51.2%2.0%
8/20/1828.8%2.4%15.7%51.1%2.0%
8/27/1829.7%2.4%15.6%50.4%1.9%
9/3/1830.3%2.3%16.0%49.4%2.0%
9/10/1830.7%2.1%17.9%47.3%1.9%
9/17/1831.6%2.2%17.0%47.4%1.8%
9/24/1832.4%2.6%16.7%46.4%1.8%
10/1/1832.3%2.7%16.1%46.7%2.2%
10/8/1832.5%2.4%16.0%46.9%2.2%
10/15/1832.1%2.4%16.5%47.0%2.0%
10/22/1833.3%2.4%17.3%45.2%1.9%
10/29/1836.1%2.6%16.0%43.5%1.9%
11/5/1836.9%2.5%16.7%42.1%1.8%
11/12/1835.4%2.3%16.9%43.8%1.6%
11/19/1833.8%2.0%15.3%47.4%1.5%
11/26/1831.4%2.0%18.5%46.6%1.5%
12/3/1831.7%2.1%18.7%46.1%1.3%
12/10/1829.8%2.0%19.6%47.4%1.1%
12/17/1830.4%1.9%19.4%47.2%1.1%
12/24/1837.2%2.1%15.8%43.5%1.4%
12/31/1837.8%2.1%17.1%41.7%1.4%
1/7/1939.6%2.2%14.6%42.2%1.5%
1/14/1940.0%2.2%15.1%41.3%1.4%
1/21/1941.1%2.4%13.6%41.5%1.3%
1/28/1940.8%2.5%15.2%40.2%1.4%
2/4/1941.6%2.5%15.2%39.3%1.4%
2/11/1942.2%2.5%15.8%38.2%1.4%
2/18/1944.1%2.4%15.1%37.0%1.4%
2/25/1942.9%2.4%15.6%37.7%1.4%
3/4/1943.0%2.6%15.6%37.4%1.4%
3/11/1944.6%2.6%14.8%36.5%1.5%
3/18/1944.0%2.5%15.1%36.9%1.4%
3/25/1943.4%2.3%16.1%36.8%1.4%
4/1/1944.6%2.1%16.5%35.3%1.4%
4/8/1945.1%1.8%18.0%33.6%1.4%
4/15/1946.3%1.8%17.5%32.9%1.5%
4/22/1946.2%1.7%17.5%33.2%1.5%
4/29/1944.6%1.6%18.3%34.1%1.4%
5/6/1945.2%1.7%18.0%33.7%1.4%
5/13/1945.8%1.9%16.9%33.8%1.5%
5/20/1946.3%2.3%17.2%33.3%1.0%
5/27/1947.6%1.6%16.5%33.3%1.0%
-
Bundle of Solutions% of Revenue
FedEx Ground (FXG) 0.4%
FedEx Freight (FXF) 1.4%
FedEx Express (FXE) 1.4%
FXE+FXG 16.8%
FXE+FXF 0.3%All
Opcos79.5%
FXG+FXF 0.2%
Revenue from U.S. payors for the period May 2018–April 2019. Customer defined at the Country HQ level. FXG includes FedEx SmartPost service revenue.
• Our portfolio of solutions creates a strong value proposition
• 96.8% of U.S. revenue comes from customers of two or more operating companies
• We manage service offerings as a portfolio for the benefit of our customers and FedEx
• Our independent operations enable optimal service quality, reliability and focus
2
-
46
48
50
52
54
56
58
60
62
2016 2017 2018 2019
U.S. Manufacturing PMI®
3Source: Institute for Supply Management®, via Haver Analytics® as of September 2019
Note: Purchasing Manager’s Index (PMI) of under 50 indicates contraction
-
46
48
50
52
54
56
58
60
62
2016 2017 2018 2019
IHS Markit Eurozone Manufacturing PMI
4Source: PMI™ by IHS Markit as of September 2019
Note: Purchasing Manager’s Index (PMI) of under 50 indicates contraction
-
EC is projected to account for over 90% of total market volume growth through CY26
Projected Total U.S. Domestic Market Volume Growth
56% of EC market volume growth is projected to be addressable market for FedEx through CY26
The projected growth of the U.S. domestic E-Commerce (EC) market provides huge market opportunity for FedEx
2026
47%
ECNon-EC2018
53%
7%
93%28%
72%Non-ECEC
41%
2026
35%
56%
65%
2018
44%
Non-AddressableEC
Addressable EC
59%Non-Addressable ECAddressable EC
Projected U.S. Domestic EC Market Volume Growth
Source: FedEx Analysis as of September 2019Note: Non-EC includes B2B and Residential Non-EC
5
Source: FedEx Analysis as of September 2019
Chart1
28.45825.368
53.8263.417
57.24346.67
75.12828.7850
Sheet1
28.45853.82657.24375.128
25.3683.41746.6728.785
0
Chart1
18.479.99
28.4620.73
49.1925.94
44.4130.720
Sheet1
18.4728.4649.1944.41
9.9920.7325.9430.72
0
Slide Number 1Slide Number 2Slide Number 3Slide Number 4Slide Number 5Slide Number 6The projected growth of the U.S. domestic E-Commerce (EC) market provides huge market opportunity for FedEx
