FedEx has outlined a strategic plan to increase its operating income by $3 billion by 2029, aiming for $8 billion in total operating income and $98 billion in revenue. Key initiatives include expanding digital and AI capabilities, optimizing operations, and the strategic acquisition of European parcel leader InPost. The company also plans to spin off FedEx Freight and focuses on strong operating margins in its US Domestic and International segments.
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FedEx Reveals Ambitious Strategy Aiming For $3 Billion Operating Income Surge
FedEx has outlined a strategic plan to increase its operating income by $3 billion by 2029, aiming for $8 billion in total operating income and $98 billion in revenue. Key initiatives include expanding digital and AI capabilities, optimizing operations, and the strategic acquisition of European parcel leader InPost. The company also plans to spin off FedEx Freight and focuses on strong operating margins in its US Domestic and International segments.