David J Bronczek, CEO and President of FedEx Express (left) and Fred Smith, founder, chairman, president, and CEO of FedEx Corp.
FedEx reported net profit up 3.3 percent, year-over-year, to US$715 million in the first quarter of its 2017 fiscal year, driven primarily by the strong performance of its U.S. domestic overnight services, which saw substantial volume increases and stable yields.
It should be noted that, for the first time, FedEx has added a new heading to its earnings report, to…
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Source: aircargoworld