Trucking and parcel delivery company FedEx Corp. released on Tuesday its fiscal second quarter numbers showing significant hikes in both earnings and revenue.
Parcel delivery and trucking company FedEx Corp. on Tuesday reported it turned its finances around dramatically in the most recent quarter as it also wrapped up its fiscal year.
FedEx Corp. on Tuesday reported increased net earnings in its most recent quarter, but it missed Wall Street expectations.
Parcel delivery and trucking company FedEx Corp. this week reported a net profit of $700 million for its fiscal second quarter, missing Wall Street expectations.
FedEx Corp. cut much, but not all, of its second quarter losses compared to a year earlier, while a preview of Werner Enterprises Inc. second quarter earnings sent heartburn throughout trucking and Wall Street amid concerns about second quarter trucking profits.
Trucking and parcel delivery giant UPS reported a huge increase in its second quarter profit – 170% – despite a slight drop in revenue.
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