Independent journal on economy and transport policy
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LOGISTICS
In the period June-August the revenues of the FedEx group decreased by -6.7%
The profit clearly has marked an increase of +23.2%
Memphis
September 21, 2023
In the first quarter of fiscal year 2024, a period that
The revenues of the logistics group ended on 31 August
and FedEx US express deliveries amounted to 21.68
billion dollars, down of -6,7% on the correspondent period
of fiscal year 2023. If the revenues generated by express deliveries
in the United States and in Canada they have grown of +3.2% attesting
to 8.42 billion, those produced by express delivery services in
all the rest of the world decreased by -9.4% falling to 10.08
billions and revenues also declined
from North American groupage shipments that totaled 2.29
billion dollars (-15.9%).
The US group has archived the period June-August of
this year with an operating profit of 1.48 billion dollars
(+24.7%) and with a net profit of 1.08 billion (+23.2%).
FedEx expects to close full fiscal year with revenue
similar to those recorded in the previous year (90.15
billions).
Orient Overseas (International) Limited (OOIL), the subsidiary of the Chinese shipping group COSCO Shipping Holdings that operates containerized maritime transport services with ...
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Editor in chief: Bruno Bellio No part may be reproduced without the express permission of the publisher
In the first quarter of fiscal year 2024, a period that
The revenues of the logistics group ended on 31 August
and FedEx US express deliveries amounted to 21.68
billion dollars, down of -6,7% on the correspondent period
of fiscal year 2023. If the revenues generated by express deliveries
in the United States and in Canada they have grown of +3.2% attesting
to 8.42 billion, those produced by express delivery services in
all the rest of the world decreased by -9.4% falling to 10.08
billions and revenues also declined
from North American groupage shipments that totaled 2.29
billion dollars (-15.9%).
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
