FedEx generates $126B in global economic impact, report finds

A new report from FedEx shows its impact in Pennsylvania and the country.

According to the company’s Global Economic Impact Report, FedEx contributed more than $126 billion in direct and indirect impacts to the global economy in Fiscal Year 2025. The report highlights the company’s worldwide network and its role in fueling innovation in FY25.

In Pennsylvania, that translated to $169 million for local suppliers, 18,000 employees and a new one-million-square-foot facility in Fairless Hills. The company said its efforts impacted companies large and small across the state and the country.

“In calendar year 2024, 90 percent of the 100,000 suppliers FedEx contracted with were small- and medium-sized businesses (SAMs), supporting hundreds of thousands of jobs,” the company said.

In calendar year 2024, the company spent nearly $169 million with suppliers from Pittsburgh to Philadelphia, the company said. Additionally, the company has nearly 150 facilities across the state employing approximately 17,800 team members, over its extensive Pennsylvania network that includes a 330,000-square-foot package sorting facility at the North Pittsburgh Station. The addition of its facility at the Keystone Trade Center will provide the company with enhanced ground shipping services, officials said.

FedEx operates one of the largest industrial networks in the world serving more than 220 countries and territories and employing more than 500,000 people across 5,000 facilities. The company said it transports an estimated 17 million packages a day and more than $2 trillion in goods each year. In the U.S., FedEx delivers to every U.S. ZIP code and operates more than 3,800 facilities using 700 aircraft and an estimated 40,000 vehicles, in addition to 5,700 independent service providers. The company employs more than 375,000 people in the U.S., making it one of the largest employers in the country.

FedEx directly contributed 6.6 percent of the net economic output of the country’s transportation and warehousing sector and indirectly contributed $7.8 billion to the entire U.S. economy’s net economic output.