FedEx Express' total vehicle fleet 2016-2022

FedEx Express’ vehicle fleet had been declining over recent years, before rising to over 87,000 in the fiscal year of 2021. In the 2022 fiscal year, the company's vehicle fleet amounted to more than 86,000 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 675 aircraft for the transportation of cargo. In 2019, 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 almost 70 billion U.S. dollars of revenue in the fiscal year of 2020.