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FedEx Targets $98 Billion Revenue By 2029
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FedEx said at its investors day on Feb. 12 that it aims to reach $98 billion in revenue by 2029 by targeting high-margin premium B2B and specialized B2C markets, including healthcare, automotive, aerospace, data centers and premium e-commerce. The company will leverage two petabytes of daily data, AI, automation and white-labeled tools like FedEx Tracking+ and FedEx Returns+ to boost visibility and monetize services.
Scoring Rationale
Official FedEx investor strategy with broad logistics impact; lacks technical depth on AI implementations and specific operational timelines.
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