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FedEX buying back Ground Routes
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<blockquote data-quote="xfdxgroundmgmt" data-source="post: 938023" data-attributes="member: 39079"><p><strong><u>Last you guys always beat up on ground I know they have their problems but without Ground at this point look @ the bottom line</u></strong></p><p><strong><u></u></strong></p><p><strong><u>FedEx Express Segment</u> </strong></p><p>For the second quarter, the FedEx Express segment reported:</p><ul> <li data-xf-list-type="ul">Revenue of $6.58 billion, up 10% from last year's $5.99 billion</li> <li data-xf-list-type="ul">Operating income of $342 million, up 30% from $264 million a year ago</li> <li data-xf-list-type="ul">Operating margin of 5.2%, up from 4.4% the previous year</li> </ul><p><strong><u>FedEx Ground Segment</u> </strong></p><p>For the second quarter, the FedEx Ground segment reported:</p><ul> <li data-xf-list-type="ul">Revenue of $2.34 billion, up 13% from last year's $2.08 billion</li> <li data-xf-list-type="ul">Operating income of $398 million, up 34% from $296 million a year ago</li> <li data-xf-list-type="ul">Operating margin of 17.0%, up from 14.3% the previous year</li> </ul></blockquote><p></p>
[QUOTE="xfdxgroundmgmt, post: 938023, member: 39079"] [B][U]Last you guys always beat up on ground I know they have their problems but without Ground at this point look @ the bottom line FedEx Express Segment[/U] [/B] For the second quarter, the FedEx Express segment reported: [LIST] [*]Revenue of $6.58 billion, up 10% from last year's $5.99 billion [*]Operating income of $342 million, up 30% from $264 million a year ago [*]Operating margin of 5.2%, up from 4.4% the previous year [/LIST] [B][U]FedEx Ground Segment[/U] [/B] For the second quarter, the FedEx Ground segment reported: [LIST] [*]Revenue of $2.34 billion, up 13% from last year's $2.08 billion [*]Operating income of $398 million, up 34% from $296 million a year ago [*]Operating margin of 17.0%, up from 14.3% the previous year [/LIST] [/QUOTE]
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