AMSTERDAM, April 7 (Reuters) - FedEx Corp. CEO Fred Smith told analysts on Tuesday he expected its proposed 4.4 billion euro ($4.8 billion) acquisition of TNT Express to be "very revenue accretive"...
to winter storms. All the rails, indeed, all transports, faced bitter, debilitating conditions this year. FedEx CEO Fred Smith called this the toughest winter in which his firm has ever operated, but we consider weather to be a regular variable in
FedEx founder and CEO Fred Smith described this winter as the toughest in which the firm has ever operated, and management estimates that related volume declines
Oftentimes, you can tell more about what's going on in China or in other parts of the emerging-markets theaters by calling Fred Smith at FedEx and saying, how many packages were shipped out of China? Or these guys who have got the satellites can see how
2013, FedEx expects 1.9% GDP growth, 3% U.S. industrial production growth, and 2.7% global GDP expansion. CEO Fred Smith indicates that he expects relatively low volume numbers (perhaps lower growth rates than GDP growth rates) until macro issues
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
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
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.
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