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.

Get Advice Join TDU Donate

Recent News

Dr. King's Vision of Justice

We honor the life and work of Dr. Martin Luther King, and pledge to continue growing the movements for peace, economic security, and racial and social justice that he sacrificed his life to build.

Stand Up Slate Wins in Cincinnati Local 100

Teamster members in Cincinnati Local 100 put their support strongly in the reform and ready for change camp. All twelve Stand Up candidates were victorious, defeating the incumbents in a three-way race. This marks another victory for reform minded Teamsters looking to change our union.

View More News Posts