FedEx is off to a strong start in fiscal 2015

FedEx reported net income up 23.9% y-o-y in the first quarter of its 2015 fiscal year to $606 million, as total revenue rose 6.0% to $11.68 billion. Operating income for the quarter was up 24.2% to $987 million. The gains were driven by strong operational performance in all three of the company’s reporting segments (Express, […]
  • David Harris
  • September 19, 2014

At Cargo Facts, 11 of the top 20 carriers in the world

Many of the world’s top cargo carriers will be attending the 20th annual Cargo Facts Symposium next month. Among the carriers already signed up are: AirBridge, Atlas Air, Cargolux, Delta, DHL, Emirates, Etihad, FedEx, LATAM. Lufthansa, and UPS. That according to analysis of registrations released today. The Cargo Facts Symposium will take place Oct. 22-24 in Miami […]
  • JJ Hornblass
  • September 18, 2014

France launches investigation of express companies

French anti-trust regulator goes after package delivery companies. DHL, FedEx, TNT, and the UK’s Royal Mail are among delivery firms targeted in by the Autorité de la Concurrence in an ongoing anti-trust investigation of their French divisions. According to a report in Bloomberg, FedEx, Royal Mail, and TNT have indicated that the process could result […]
  • David Harris
  • July 21, 2014

FedEx beats 4Q expectations

FedEx turned in a strong fiscal fourth quarter, capping a strong year. The company reported net income up 141% in its fiscal fourth quarter (ended 31 May 2014) to $730 million, as revenue rose 3.5% to $11.84 billion. Operating income for the quarter was up 136% to $1.18 billion, and operating margin was a solid 10.0%, […]
  • David Harris
  • June 19, 2014

Solid quarter and year for FedEx

FedEx turned in a strong fiscal fourth quarter, capping a strong year. We will post a detailed analysis tomorrow, but here are a few highlights. The company reported net income up 141% in its fiscal fourth quarter (ended 31 May 2014) to $730 million, as revenue rose 3.5% to $11.84 billion. Operating income for the quarter […]
  • David Harris
  • June 18, 2014

Hannah and Her Sisters

After many months of anticipation, FedEx’s first 767-300ERF (N101FE, msn: 42076) is on the flight line and getting ready to fly for the very first time. Like most FedEx aircraft, it has a name – Hannah – and Hannah and her sisters will soon form a substantial part of the FedEx fleet. We brought you […]
  • David Harris
  • July 26, 2013

First 767-300F for FedEx

After many months of anticipation, FedEx’s first 767-300ERF (N101FE, msn: 42076) is on the flight line and getting ready to fly for the very first time. Like most FedEx aircraft, it has a name – Hannah – and Hannah and her sisters will soon form a substantial part of the FedEx fleet. We brought you […]
  • David Harris
  • July 26, 2013
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