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Recently Funded|Amount: USD 11.0M|Industry: Freight and Package Transportation

Breaking News: FedEx Secures $110 Million in Funding to Expand Global Shipping and Supply Chain Innovations

FedEx

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10,001+ employees employees (Est.)
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FedEx, the global leader in shipping and logistics, is excited to announce a significant funding achievement that underscores our commitment to innovation and excellence in the transportation sector. We have successfully raised $11 million to enhance our suite of services and expand our digital supply chain capabilities. This funding will enable us to further strengthen our worldwide portfolio of shipping, transportation, e-commerce, and digital supply chain services—an effort that aligns with our mission to connect people and possibilities. For over four decades, FedEx has been at the forefront of logistical innovation, transitioning from a modest beginning of just 186 deliveries on our first day to an impressive 14.5 million deliveries today. Our global network is designed to simplify logistics, enhance tracking and visibility, and capitalize on data from each journey to continuously improve the customer experience. The newly acquired funds will be strategically allocated towards advanced technological developments that streamline operations and bolster our infrastructure, ultimately enhancing service delivery and operational efficiency. As we move forward, we are equally committed to our core values—our people are the foundation of our success. With a dedicated workforce of over 575,000 team members, FedEx consistently ranks among the most admired and trusted employers worldwide. As we embark on this exciting new chapter fueled by this investment, we are focused on prioritizing safety, maintaining the highest ethical standards, and meeting the evolving needs of our customers and communities. Together, we strive to create a connected world where possibilities are limitless.
September 7, 2024

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