Filed in FedEx
Thursday, December 15, 2011
Driven by a continued focus on yield management, FedEx reported today that fiscal 2012 second quarter net income at $497 million was up 76 percent annually. The company’s quarterly revenue of $10.59 billion was up 10 percent from last year’s $9.63 billion.
Posted on 12/15 at 10:51 AM
Monday, December 12, 2011
The company said that Monday, December 12 is expected to be the busiest day in its almost 40-year history, pegging today’s shipment count to check in at around 17 million, which is about twice as much a typical day’s average volume.
Monday, December 05, 2011
FedEx Ground and FedEx Home delivery rates will increase by a net average of 4.9 percent.
Wednesday, November 23, 2011
USPS officials said that prices for Priority Mail and Express Mail will increase by an average of 3.1 percent and 3.3 percent, respectively, and added that the Postal Regulatory Commission will review the prices before they take effect on January 22, 2012.
Posted on 11/23 at 11:27 AM
Parcel Select •
Monday, November 21, 2011
Non-contractual 2012 rates will be comprised of a net increase of 4.9 percent for UPS ground packages and a net increase of 4.9 percent on all UPS air services and U.S. origin international shipments
Posted on 11/21 at 11:47 AM
Air Freight •
Monday, November 07, 2011
When holiday shopping season picks up, December 12 and December 22 could shape up to be two of its busiest days.
Tuesday, October 25, 2011
December 12 looks to be a pretty busy day for FedEx. The transportation bellwether said this week it expects to move more than 17 million shipments through its global networks on that day.
Posted on 10/25 at 10:26 AM
Retail Sales •
Quarterly revenue for Big Brown—at $13.2 billion—was up 8.0 percent annually, and operating profit—at $1.61 billion—was up 0.2 percent. Earnings per share—at $1.06—saw a 14 percent year-over-year increase, topping Wall Street expectations of $1.05 per share.
Friday, October 21, 2011
EquaShip aims to provide smaller shippers with cost-savings that are typically only available to large enterprise shippers.
View all categories and topics
Thursday, September 22, 2011
Company officials said signs of a global economic slowdown, which resulted in lower volumes and lower productivity for FedEx Express, were offset by improved results at the company’s FedEx Ground and FedEx Freight units.