Revenue Insights: FedEx Corporation and TFI International Inc. Performance Compared

FedEx vs. TFI: A Decade of Revenue Growth

__timestampFedEx CorporationTFI International Inc.
Wednesday, January 1, 2014455670000003199928501
Thursday, January 1, 2015474530000002904026835
Friday, January 1, 2016503650000002994723606
Sunday, January 1, 2017603190000003770194035
Monday, January 1, 2018654500000003761450188
Tuesday, January 1, 2019696930000003964619871
Wednesday, January 1, 2020692170000003781134000
Friday, January 1, 2021839590000007220429000
Saturday, January 1, 2022935120000008812491000
Sunday, January 1, 2023901550000007521167000
Monday, January 1, 202487693000000
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Igniting the spark of knowledge

Revenue Growth: FedEx vs. TFI International

In the competitive landscape of logistics and transportation, FedEx Corporation and TFI International Inc. have showcased intriguing revenue trajectories over the past decade. Since 2014, FedEx has consistently outperformed, with revenue peaking in 2022 at approximately $93.5 billion, marking a 105% increase from 2014. Meanwhile, TFI International has demonstrated impressive growth, with revenue surging by nearly 175% from 2014 to 2022, reaching around $8.8 billion.

Key Insights

  • FedEx's Dominance: FedEx's revenue growth reflects its robust market position, especially evident in 2021 with a 21% year-over-year increase.
  • TFI's Rapid Expansion: TFI International's revenue nearly tripled from 2014 to 2022, highlighting its aggressive expansion strategy.
  • 2023 Trends: Both companies saw a slight dip in 2023, with FedEx's revenue decreasing by 4% and TFI's by 15% from the previous year.

These insights underscore the dynamic nature of the logistics industry, with both companies adapting to market demands and economic shifts.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025