COVID Stimulus Watch Individual Entry
Recipient Company:
FEDERAL EXPRESS CORPORATION
Contract Amount:
$60,000,000
Recipient Details
Ownership Structure: publicly traded (ticker symbol FDX)
Facility Street Address: 2955 REPUBLICAN
Facility City: MEMPHIS
Facility State: TN
Facility Zip Code: 381181547
Facility Congressional District: TN-9
Facility NAICS Code: 492110 : Couriers
Award Details
Award Date: Mar 24, 2020
Award Type: contract
Award Details: Some contracts are funded with emergency and non-emergency funds. The award amount listed here represents only emergency funding for the contract. The total value of the contract may be higher. Award Description: SUPPORT- ADMINISTRATIVE: COURIER/MESSENGER
Program Name: Federal Contracts Funded by COVID-19 Relief Funds
Legislation: CARES
Awarding Agency: Health and Human Services Department
Data Source for Award:
https://www.usaspending.gov/search/?hash=25e8378bc443646cf2b174d65218b2ca
Parent Company Data
Parent Company: FedEx
Headquartered in: Tennessee
Parent Sector: freight and logistics
Parent Industry: package delivery
Employees (prior to pandemic): 239,000
Accountability Issues Since 2010
Employment-related Penalties: $530,298,227
Good Jobs First has no data in this category
Environmental / Healthcare / Safety Penalties: $13,504,624
Consumer Protection / Financial / Competition-related Penalties: $36,232,550
Ratio of CEO Pay to that of Median Worker: 303 to 1
CEO Compensation: $15,973,884
Worker Median Pay: $52,718
Total Federal, State, and Local Subsidies: $182,919,533
Federal Corporate Income Tax Rate: -4.6%
Violation Tracker
Contracting Issues