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FedEx (LTS:0QZX) Fuel Expense for Air Freight (USD Mil) : 0.00 (As of . 20)


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What is FedEx Fuel Expense for Air Freight (USD Mil)?

Fuel expenses is one of the biggest operating expenses in the air freight industry.

The historical rank and industry rank for FedEx's Fuel Expense for Air Freight (USD Mil) or its related term are showing as below:

LTS:0QZX's Fuel Expense for Air Freight (USD Mil) is not ranked *
in the Transportation industry.
Industry Median:
* Ranked among companies with meaningful Fuel Expense for Air Freight (USD Mil) only.

FedEx Fuel Expense for Air Freight (USD Mil) Historical Data

The historical data trend for FedEx's Fuel Expense for Air Freight (USD Mil) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

FedEx Fuel Expense for Air Freight (USD Mil) Chart



FedEx  (LTS:0QZX) Fuel Expense for Air Freight (USD Mil) Explanation

Fuel expenses typically represent around 20-30 percent of an airline’s total expenses, which is one of the biggest operating expenses in the air freight industry. Any fluctuation in fuel price will respectively affect the financial position of airlines.


FedEx (LTS:0QZX) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » FedEx Corp (LTS:0QZX) » Definitions » Fuel Expense for Air Freight (USD Mil)
Address
942 South Shady Grove Road, Memphis, TN, USA, 38120
FedEx pioneered overnight delivery in 1973 and remains the world's largest express package provider. In its fiscal 2023, which ended May 2023, FedEx derived 47% of revenue from its express division, 37% from ground, and 11% from freight, its asset-based less-than-truckload shipping segment. The remainder comes from other services, including FedEx Office, which provides document production/shipping, and FedEx Logistics, which provides global forwarding. FedEx acquired Dutch parcel delivery firm TNT Express in 2016. TNT was previously the fourth-largest global parcel delivery provider.

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