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CargoTalk Team

FedEx reports $280mn economic impact on MEISA region



FedEx Corp. has released its 2024 economic impact report, highlighting US$85 billion in direct global contributions, with US$280 million in indirect contributions to the overall economy of the Middle East, Indian Subcontinent, and Africa (MEISA) region. In the fiscal year 2024, FedEx directly contributed 0.1% to the economic output of the Transportation, Storage, and Communications sector in the MEISA region. Kami Viswanathan, regional president of FedEx MEISA, said, “At FedEx, we are committed to supporting the impressive growth and transformation happening across the Middle East. Our infrastructure and services in this region are designed to empower local businesses and connect them to global opportunities. By investing in seamless, multimodal logistics solutions and state-of-the-art facilities, we aim to enhance cross-border trade while contributing to overall economic and environmental progress across the region.”

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