COVID Stimulus Watch Individual Entry

Recipient Company:
Fedex Corp
Loan or Loan Guarantee Amount:

Recipient Details

Ownership Structure: publicly traded (ticker symbol FDX)

Award Details

Award Date: Jun 28, 2020
Award Type: loan
Award Details: Amount represents the purchase price of company bonds bought by the Fed.
Program Name: Secondary Market Corporate Credit Facility
Legislation: CARES
Awarding Agency: Federal Reserve
Data Source for Award:

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 icon
Employment-related Penalties: $530,298,227
Contracting icon
Good Jobs First has no data in this category
Environment icon
Environmental / Healthcare / Safety Penalties: $13,504,624
ConsumerProt icon
Consumer Protection / Financial / Competition-related Penalties: $36,232,550
CEOpay icon
Ratio of CEO Pay to that of Median Worker: 303 to 1
CEO Compensation: $15,973,884
Worker Median Pay: $52,718
Tax icon
Total Federal, State, and Local Subsidies: $182,919,533
Federal Corporate Income Tax Rate: -4.6%
Subsidy Tracker
Violation Tracker

Details on Accountability data sources