FedEx targets $6B free cash flow and double-digit earnings growth by 2029
Management outlined progress toward $6B free cash flow and double-digit earnings growth by 2029, driven by cost reduction, network integration and technology, including AI initiatives.
Management said it is making progress toward $6B in free cash flow and double-digit earnings growth by 2029, supported by cost cuts, network integration and technology. The company said AI and data initiatives are improving efficiency, supporting new services and helping it expand into high-value verticals and government contracts.