Logistics provider FedEx reported FQ4’21 (to May 31) revenues which climbed by 30.0% year over year. The comparator period includes the depths of the disruptions caused by the pandemic. Adjusting for that, the total weight of shipments handled by its Freight division declined by 4.0% ... Read more →
FedEx reported FQ3’21 revenue growth of 23.0% year over year, outstripping analysts’ estimates as a result of a 37% jump in Ground deliveries linked to e-commerce during the pandemic. The Freight division grew more slowly with 5.6% revenue growth including a 3.4% rise in shipmen... Read more →