Story perspectives
Trump's Tariffs Hit FedEx with $1 Billion Loss
1/19/2026
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Story summary
- President Donald Trump’s tariffs cost FedEx about $1 billion.
- FedEx employs over 5,000 workers at its Memphis airport hub, processing nearly 500,000 packages daily.
- FedEx operates about 700 planes, 200,000 trucks, and handles more than 17 million packages daily worldwide.
- Fred Smith, the founder, died in June, leaving a legacy in the logistics industry.
