FedEx Q4 Net Income Up 141%, Revenue Gains 4%
FedEx reported revenue was up 4% and net income up 141% for the fourth quarter ended May 31.
FedEx reported revenue was up 4% and net income up 141% for the fourth quarter ended May 31.
MCM contributor Curt Barry offers practical information for shippers in light of dimensional weight pricing moves by major carriers.
While the U.S. Postal Service ended the first quarter of 2014 with a net loss of $354 million, its shipping business increased by 14%. This growth, UPS said, was fueled by an increase in online shopping and Sunday deliveries in limited U.S. markets.