Keep pulling the thread on Raj Subramaniam.
FedEx moved approximately $2 trillion worth of goods across the world in the last year.
FedEx has set a financial target of 4% revenue growth.
FedEx is targeting a 14% compound annual growth rate (CAGR) for its bottom line, driven by ongoing business transformations.
FedEx has a financial goal to generate $6 billion of free cash flow.
Under CEO Raj Subramaniam, FedEx initiated a major restructuring to consolidate its separate operating companies, including FedEx Express, FedEx Ground, and FedEx Freight, into a single entity.
Since Raj Subramaniam became CEO of FedEx, the company's market capitalization has increased by approximately 63% and its stock price is up 73%.
FedEx's transportation system is primarily used for high-value goods such as pharmaceuticals, aerospace components, defense materials, and textiles.
FedEx operates a global fleet of 200,000 motorized vehicles.
FedEx is currently testing autonomous trucks in Texas with a partner company.
FedEx's autonomous trucking strategy leverages its 638 facilities located directly on highways for facility-to-facility transport.
FedEx generates 2 petabytes of data every day from its operations.
FedEx is creating a "digital twin" of its network to leverage its operational data.