To our shareowners,
FedEx Corporation performed exceptionally well in fiscal 2017, and we are very optimistic about our future.
In FY17, we boosted long-term value for shareowners — delivered an outstanding peak season with highest ever volumes and service levels; invested heavily in several strategic areas; and managed yields and volumes extremely well.
Three areas of focus not only contributed to a very profitable year but also promise to accelerate performance that will improve margins, cash flows, returns, and earnings per share going forward. They are:
Investments. We continue to take advantage of market growth and meet customers’ increasing demands for our services.
Integration. We’re building on our record of success as we integrate acquisitions we’ve made in recent years.
Innovation. We’re rapidly advancing information-technology solutions targeting efficiency and customer convenience.
New Aircraft Improve Fuel Efficiency and Customer Service
Investing in new aircraft not only reduces maintenance costs, it increases reliability, which translates into a better customer experience.
FedEx Freight Launches New CNG Fleet
From electric delivery vans to more fuel-efficient aircraft, FedEx continually pursues innovations to reduce our environmental impact. FedEx Freight is driving one of our latest initiatives to explore alternative fuel sources: compressed natural gas (CNG).
Certain statements on this website may be considered forward-looking statements, such as statements relating to management’s views with respect to future events and financial performance. Such forward-looking statements are subject to risks, uncertainties and other factors which could cause actual results to differ materially from historical experience or from future results expressed or implied by such forward-looking statements. Potential risks and uncertainties can be found in the full 2017 FedEx Annual Report, FedEx Corp.’s and its subsidiaries’ press releases and FedEx Corp.’s filings with the SEC.