FedEx Express' total vehicle fleet 2016-2023

FedEx Express’ vehicle fleet has been oscillating over recent years, peaking at 95,000 vehicles in the fiscal year of 2017. In the 2023 fiscal year, the company's vehicle fleet amounted to some 82,000 units.

FedEx Express

FedEx Express is the global express package and freight delivery segment of the U.S.-based courier service FedEx. In addition to their motorized vehicles, FedEx Express also maintains a fleet of 700 aircraft for the transportation of cargo. In 2020, FedEx Express was by far the world’s largest cargo airline, as well as being one of the largest overall airlines in terms of both their fleet size and revenue.

FedEx segments

FedEx Express is one segment of the larger FedEx Corporation. The other main segments are FedEx Ground, FedEx Freight, and FedEx Services (along with their corporate office). FedEx Ground focuses on small-package ground delivery services, while FedEx freight offers less-than-truckload freight services. Both these segments only operate in North America. FedEx Services provides support services for FedEx’s transport segments, such as sales, marketing, information technology, communications, customer service, technical support, and billing and collection services. Combined, FedEx generated a revenue of over 90 billion U.S. dollars in the fiscal year of 2023.