FedEx profit soars as ‘modest’ global growth improves outlook
Across-the-board gains in freight volumes and a strong peak shipping season drove FedEx profit skyward, lifting net income 53 percent year-over-year to $580 million in the fiscal quarter that ended Feb. 28, while total revenue rose 4 percent to $11.7 billion.
Neither winter weather, successive holiday peaks nor significant changes in…
FedEx profit soars as ‘modest’ global growth improves outlook
Journal of Commerce