… This lead to an operating margin of 7.7 percent compared to 4.1 percent in the previous year. The company’s CEO Frederick W . Smith said results were driven by improving yields, record holiday package shipping and exceptional performance at FedEx Ground …
… comparable capabilities in air and ground (also less-than-truckload, or "LTL") services. When we last heard FedEx CEO Fred Smith comment on this matter, which was in Sept. 2010, he indicated low interest in TNT since it still had postal operations …
… rent is certainly not as glowing as the firm's 20 times EBIT/interest expense ratio average during the last five years. Fred Smith , FedEx's founder and the inventor of overnight delivery, remains at the helm of a largely independent board that has guided …
… purchased 17 B777Fs and will continue to add to this fleet, including four units in fiscal 2013 and two in fiscal 2014. Founder Fred Smith made several observations today on changes he sees in international air movements. Smith indicated it is not clear that the …
… companies are seeing similar action. Any peak in air transport will obviously come closer to the holidays, but FedEx (FDX) CEO Fred Smith isn't expecting a repeat of last year's strong season. Deutsche Bank CEO attacks recapitalization plan . Josef Ackerman …
As chief of economic bellwether FedEx ( FDX +1% ), when Fred Smith speaks, people listen. And he's saying there's no recession looming : "We don't see a contraction. We don't see a recession …
COLUMBUS, Ohio (Reuters) - FedEx Corp Chief Executive Fred Smith said on Thursday that he does not expect the U.S. economy to slip back into recession.
COLUMBUS, Ohio, Oct 6 (Reuters) - FedEx Corp Chief Executive Fred Smith said on Thursday that he does not expect the U.S. economy to slip back into recession.
… forecast as demand slows here and in Asia. "The primary driver of the reduced demand is the lower sales of electronic products," says CEO Fred Smith on the conference call. "We expect sluggish growth will continue." Post your comment!
… international priority freight pounds suggests customers may have bundled packages to ship in overnight freight bundles. CEO Fred Smith indicated he does not anticipate a double-dip decline, but maintains that sluggish growth will continue. Management postulates …