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

UPS Freight Teamsters Uniting for a Strong Contract

UPS Freight Teamsters are fed up with substandard contracts. They're getting organized to Vote NO.

UPSers Take Action After the Vote No Telephone Town Hall

More than 5,000 UPS Teamsters participated in a Vote No Telephone Town Hall to discuss the proposed deal, make plans to defeat givebacks and win a better contract.  

View More News Posts