FedEx Corp. announced that it has joined the Hedera Council, a governing body of leading global organizations dedicated to fostering trust, security, and innovation on the Hedera network. The company will operate a node on the Hedera network and hold equal voting rights alongside other members, giving it a direct voice in the governance of the distributed ledger platform.
The move is part of FedEx’s broader strategy to embed digital intelligence into its logistics network. By participating in the Hedera Council, FedEx aims to help build a neutral, enterprise‑grade trust layer that can verify and notarize data across multiple parties, thereby enhancing digital visibility and compliance for global shipments. The partnership complements existing initiatives such as the Tricolor air network strategy and Network 2.0, which focus on asset utilization and operational streamlining.
FedEx’s recent financial performance shows modest growth, with Q4 FY25 revenue at $22.2 billion, a 1% year‑over‑year increase, and adjusted EPS of $18.19. The Hedera Council partnership signals the company’s commitment to digital transformation and positions it to leverage blockchain‑enabled supply chain processes that can improve efficiency and reduce friction in cross‑border commerce.
Vishal Talwar, executive vice president, chief digital and information officer, and president of FedEx Dataworks, said, "The digital transformation of global supply chains is inevitable. As supply chains become increasingly digital‑native, trusted data must be shared and verified across many parties without increasing risk or centralizing control." Tom Sylvester, president of Hedera Council, added, "We are proud to welcome FedEx to the Council. FedEx brings deep operational insight into global logistics and commerce, and their perspective will be valuable as the industry transitions toward digitally native supply chains."
The Hedera Council includes other major organizations such as Google, IBM, and Dell, underscoring a broader industry trend toward adopting distributed ledger technology for enterprise solutions.
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