FedEx Corp. Reports Third Quarter Results
FedEx Express international and U.S. yields were down due primarily to higher growth in lower-yielding services and lower weight per shipment. FedEx continues to make progress on the integration of FedEx Express and TNT Express operations. In February, FedEx Express began to integrate its intra-European shipments into the TNT Express European road network. Europe accounts for a significant percentage of the combined FedEx Express and TNT Express international revenue, workforce and facilities. B
