| Schedule of Revenue by Service Type |
The following table provides revenue by service type (in millions) for the periods ended February 28, 2021 and February 29, 2020. This presentation is consistent with how we organize our segments internally for making operating decisions and measuring performance.
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Three Months Ended |
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Nine Months Ended |
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2021 |
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2020 |
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2021 |
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2020 |
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REVENUE BY SERVICE TYPE |
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FedEx Express segment: |
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Package: |
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U.S. overnight box |
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$ |
2,078 |
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$ |
1,865 |
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$ |
5,951 |
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$ |
5,595 |
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U.S. overnight envelope |
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444 |
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459 |
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1,305 |
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1,395 |
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U.S. deferred |
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1,418 |
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1,127 |
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3,718 |
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3,063 |
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Total U.S. domestic package revenue |
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3,940 |
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3,451 |
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10,974 |
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10,053 |
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International priority |
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2,596 |
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1,710 |
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7,423 |
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5,344 |
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International economy |
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653 |
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810 |
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1,927 |
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2,538 |
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Total international export package revenue |
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3,249 |
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2,520 |
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9,350 |
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7,882 |
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International domestic(1) |
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1,162 |
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1,075 |
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3,456 |
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3,316 |
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Total package revenue |
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8,351 |
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7,046 |
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23,780 |
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21,251 |
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Freight: |
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U.S. |
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860 |
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739 |
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2,492 |
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2,132 |
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International priority |
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775 |
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439 |
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2,165 |
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1,376 |
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International economy |
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383 |
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499 |
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1,162 |
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1,556 |
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International airfreight |
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56 |
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61 |
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196 |
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|
197 |
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Total freight revenue |
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2,074 |
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1,738 |
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6,015 |
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5,261 |
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Other(2) |
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363 |
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140 |
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1,008 |
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|
441 |
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Total FedEx Express segment |
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10,788 |
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8,924 |
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30,803 |
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26,953 |
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FedEx Ground segment |
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7,980 |
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5,845 |
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22,364 |
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16,339 |
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FedEx Freight segment |
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1,836 |
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1,738 |
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5,598 |
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5,487 |
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FedEx Services segment |
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8 |
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6 |
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24 |
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15 |
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Other and eliminations(3) |
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898 |
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974 |
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2,605 |
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3,065 |
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$ |
21,510 |
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$ |
17,487 |
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$ |
61,394 |
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$ |
51,859 |
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(1) |
International domestic revenue relates to our international intra-country operations. |
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(2) |
Includes the operations of FedEx Custom Critical, Inc. (“FedEx Custom Critical”) and FedEx Cross Border Holdings, Inc. (“FedEx Cross Border”) for the periods ended February 28, 2021. Effective March 1, 2020 and June 1, 2020, respectively, the results of FedEx Custom Critical and FedEx Cross Border are included in the Federal Express Corporation (“FedEx Express”) segment prospectively. |
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(3) |
Includes the FedEx Logistics, Inc. (“FedEx Logistics”) and FedEx Office and Print Services, Inc. (“FedEx Office”) operating segments, as well as the financial results of ShopRunner, Inc. (“ShopRunner”) beginning December 23, 2020. |
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