FedEx spent $3.7 billion with suppliers in the AMEA region in CY2022.
FedEx supplier spending makes a significant contribution to thesmall- and medium-sized business (SAM) market. The number of smallbusiness jobs supported by FedEx supply chain spending increasedthe most in AMEA and Europe, with both regions recording a 19%increase. In AMEA, 50% of FedEx supply chain spending went toSAMs.
FedEx Express announced plans to invest in additional capacityby establishing the new South China Operations center inGuangzhou.
FedEx opened several new facilities in the region, including anew pickup, delivery, and self-pickup/drop-off station in Taiwan; anew warehouse in Batam, Indonesia; and a new domestic hub inAdelaide, Australia that also supports international air freightshipments.
Our newly opened FedEx air gateway at Incheon InternationalAirport in South Korea has double the package-sorting capacity ofthe previous facility and additional refrigeration chambers tosupport cold-chain shipments.
FedEx Express is digitizing its operations to develop its smartlogistics network. This includes investing in an artificialintelligence-powered sorting robot at its South Pacific regionalhub in Singapore in December 2022.
FedEx announced plans to open its first Advanced CapabilityCommunity (ACC) in Hyderabad, India to support the development oftechnological and digital innovations that enable FedEx to provideeven greater value in the global supply chain ecosystem.
Giving impact
The report reveals that FedEx donated $58.6 million globally inFY 2023 to charities and local non-profits in the communities whereits team members live and work. In AMEA, this includesenvironmental programs, childhood education, entrepreneurship, andhealthcare initiatives to help improve lives. In April 2023, morethan 1,000 FedEx volunteers and their families across 22 AMEAmarkets participated in 50 days of Caring undertaking a variety ofsustainability and environmental-protection activities, includingtree plantations, beach, and park clean-ups, and hostingeducational seminars on eco-living/eating, waste segregation, roadsafety, and sustainable logistics.
FedEx is committed to connecting the world responsibly, throughits stated goal of achieving carbon-neutral operations by 2040 andpursuit of investments in renewable energy to power itsoperations.
FedEx celebrated 50 years of operations on April 17, 2023. Thecompany has the most extensive transportation network in the world,providing services to more than 220 countries and territories.Additionally, FedEx employs over 500,000 people across more than5,000 facilities and moves approximately 14.5 million packages perday.