FedEx profit more than doubles in fiscal 3rd qtr

March 22, 2012: FedEx Corp. said Thursday its profit between December and February more than doubled as its ground and freight segments shipped more packages and charged higher prices.

In its fiscal third quarter, the world's second-largest package delivery company earned $521 million or $1.65 per share, compared with $231 million, or 73 cents per share, a year earlier.

Click here to read more at The Wall Street Journal.


Be the first to comment

Please check your e-mail for a link to activate your account.
Get Advice Join TDU Donate

Recent News

In “Act of Cowardice,” Hoffa Revokes Local 2011 Charter

The Hoffa administration has pulled the plug on Teamster organizing among thousands of Florida public sector corrections officers by revoking the charter of Teamster Local 2011.  

Hoffa Corruption Cover-Up

A Hoffa-appointed panel has found Hoffa’s Executive Assistant Willie Smith not guilty after Smith was caught taking Playboy Super Bowl Party tickets from Teamster employer Southern Wine & Spirits. Their miscarriage of justice will now go before Judge Barbara Jones for review. (Reprinted from Teamsters United)

 

View More News Posts