POWER OF ATTORNEY

      Know all by these presents, that the undersigned hereby constitutes
      and appoints each of Clement E. Klank III, Alana L. Griffin,
      Shahram A. Eslami, Jesse Q. Hoxie and Anna C. Hawks,
      signing singly, and with full power of substitution,
      the undersigned?s true and lawful attorney in fact to:

(1) prepare, execute in the undersigned?s name and on the
	            undersigned?s behalf, and submit to the U.S. Securities and
	            Exchange Commission (the ?SEC?) a Form ID, including amendments
thereto, and any other documents necessary or appropriate to obtain
codes, passwords, and passphrases enabling the undersigned to make
electronic filings with the SEC of reports required by Section 16(a)
of the Securities Exchange Act of 1934 or any rule or regulation
of the SEC;

(2) execute for and on behalf of the undersigned, in
             the undersigned?s capacity as an officer and/or
director of FedEx Corporation (the ?Company?),
Forms 3, 4, and 5 in accordance with Section?16(a)
of the Securities Exchange Act of 1934 and the rules
thereunder and Form 144 in accordance
with Rule 144 of the Securities Act of 1933;

(3) do and perform any and all acts for and on
             behalf of the undersigned which may be
necessary or desirable to complete and execute
any such Form 3, 4, 5, or 144, complete and
execute any amendment or amendments thereto,
and timely file such form with the SEC
and any stock exchange or similar authority; and

(4) take any other action of any type whatsoever
            in connection with the foregoing which,
in the opinion of such attorney in fact, may be of
benefit to, in the best interest of, or legally required
by, the undersigned, it being understood that the
documents executed by such attorney in fact on
behalf of the undersigned pursuant to this Power of Attorney
shall be in such form and shall contain
such terms and conditions as such attorney in fact may
approve in such attorney in fact?s discretion.

      The undersigned hereby grants to each such attorney in fact
      full power and authority to do and perform
      any and every act and thing whatsoever requisite, necessary,
      or proper to be done in the exercise of any of the rights and
      powers herein granted, as fully to all intents and purposes
      as the undersigned might or could do if personally present,
      with full power of substitution or revocation, hereby ratifying
      and confirming all that such attorney in fact, or such
      attorney in fact?s substitute or substitutes, shall lawfully do
      or cause to be done by virtue of this Power of Attorney and
      the rights and powers herein granted.  The undersigned
      acknowledges that the foregoing attorneys in fact, in
      serving in such capacity at the request of the undersigned,
      are not assuming, nor is the Company assuming, any of the
      undersigned?s responsibilities to comply with Section?16
      of the Securities Exchange Act of 1934 or Rule 144
      of the Securities Act of 1933.

      As of the date of this Power of Attorney, each attorney in fact
      designated herein is an officer or employee of the Company.
      This Power of Attorney shall automatically terminate as to any
      named attorney in fact upon the date that such person ceases to
      be an officer or employee of the Company.  All previously
      executed Powers of Attorney executed by the undersigned for
      the matters covered herein are hereby revoked.

      This Power of Attorney shall remain in full force and effect
      until the undersigned is no longer required to file
      Forms?3, 4, 5 and 144 with respect to the undersigned?s
      holdings of and transactions in securities issued by the
      Company, unless earlier revoked by the undersigned in a
      signed writing delivered to the foregoing attorneys in fact.

      IN WITNESS WHEREOF, the undersigned has caused this
      Power of Attorney to be executed
      as of this ___1___ day of _September____, 2020.

/s/ Susan C. Schwab
Susan C. Schwab

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