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An interesting article in the papers
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<blockquote data-quote="Anonymous Coward" data-source="post: 75169"><p>Tieguy,</p><p>Please let me take a shot at that..</p><p>Fedex ground volume increased by 4% year over year in the 2nd quarter not 1%</p><p>My last two post were about IC in the Fedex ground division. There are no IC working at Fedex Express. </p><p>Tieguy,</p><p>I think you may be confused. I think the 1% volume increase year over year in the 2nd quarter would be in the Express division, Not ground. I would also like to add that sales in the Express division is aggressively seeking international shippers, and not pushing for domestic air. If you look again at the latest earnings report you will see that the Intl volume grew by 8% year over year in the 2nd quarter. That would be a 9% increase in volume for Fedex express over last years 2nd quarter,which would also show they enjoyed the most volume growth out of all the operating companies under FDX. I hope this answers your question. </p><p></p><p>As a side note Fedex 2nd quarter numbers do not include the month of December. Peak volume for all operating companies will be included in the 3rd quarter. 2nd quarter ends late November.</p></blockquote><p></p>
[QUOTE="Anonymous Coward, post: 75169"] Tieguy, Please let me take a shot at that.. Fedex ground volume increased by 4% year over year in the 2nd quarter not 1% My last two post were about IC in the Fedex ground division. There are no IC working at Fedex Express. Tieguy, I think you may be confused. I think the 1% volume increase year over year in the 2nd quarter would be in the Express division, Not ground. I would also like to add that sales in the Express division is aggressively seeking international shippers, and not pushing for domestic air. If you look again at the latest earnings report you will see that the Intl volume grew by 8% year over year in the 2nd quarter. That would be a 9% increase in volume for Fedex express over last years 2nd quarter,which would also show they enjoyed the most volume growth out of all the operating companies under FDX. I hope this answers your question. As a side note Fedex 2nd quarter numbers do not include the month of December. Peak volume for all operating companies will be included in the 3rd quarter. 2nd quarter ends late November. [/QUOTE]
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An interesting article in the papers
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