FedEx Express: Officially the world’s busiest air cargo carrier

FedEx Express, the world’s largest express transportation company and a subsidiary of FedEx Corp. (NYSE: FDX), has been officially recognised as the busiest cargo airline in the world. The latest figures in the IATA’s World Air Transport Statistics Report reveal that FedEx claimed the top spot in 2014 by transporting over 7.1 million tonnes in total. Within the top 50 air cargo carriers, 2.9 million tonnes separate FedEx Express from its closest rival.