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FedEx Corp. Reports Fourth Quarter and Full-Year Earnings

These actions include enhancing FedEx Ground capabilities, speed and efficiency; improving FedEx Express hub automation; modernizing our FedEx Express air fleet; integrating TNT Express; and reducing unit costs and increasing productivity.”Fourth quarter operating income was negatively affected by lower FedEx International Priority package and freight revenues at FedEx Express, higher costs at FedEx Ground and business realignment costs primarily associated with the U.S.-based voluntary employee

By | 2019-06-24T17:00:00+00:00 June 24th, 2019|companies, News|0 Comments

U.S. Postal Service Reports Second Quarter Fiscal 2019 Results

Postal Service Reports Second Quarter Fiscal 2019 ResultsRevenue of $17.5 billion, essentially unchanged compared to same quarter last yearNet loss of $2.1 billionUSPS remains focused on aggressive management actions and legislative and regulatory reforms to provide Americans with a financially sustainable Postal ServiceWASHINGTON - The U.S. Postal Service reported total revenue of $17.5 billion for the second quarter of fiscal 2019 (January 1, 2019 - March 31, 2019), a decrease of $8 million, o

By | 2019-05-09T17:00:00+00:00 May 9th, 2019|companies, News|0 Comments

UPS Announces First Quarter Earnings

Adjusted operating profit excludes Transformation-related charges of $28 million as we streamline and standardize our processes. Domestic operating profit includes a drag of about $80 million due to severe winter weather during all months of the quarter. “Supply Chain and Freight generated excellent operating profit this quarter, with strong contributions from Coyote and the rest of our Forwarding unit,” said Abney. Currency-neutral revenue, revenue per piece and operating profit are calculated

By | 2019-04-24T17:00:00+00:00 April 24th, 2019|companies, News|0 Comments

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

By | 2019-03-18T17:00:00+00:00 March 18th, 2019|companies, News|0 Comments

Postmaster General and CFO Host Media Call on U.S. Postal Service FY 2019 Quarter 1 Financial Results

Postmaster General and CFO Host Media Call on U.S. Postal Service FY 2019 Quarter 1 Financial ResultsWhat: Media Call on U.S. Postal Service FY 2019 Quarter 1 Financial Results Who: Postmaster General and CEO Megan J. BrennanCFO and Executive Vice President Joseph Corbett When: Friday, Feb. 8, 201911:30 a.m. ET Background: Postmaster General & CEO Megan Brennan and Chief Financial Officer Joseph Corbett will host a media conference call to discuss the FY2019 Quarter 1 financial results that will

By | 2019-02-04T16:00:00+00:00 February 4th, 2019|companies, News|0 Comments

UPS To Release 4th Quarter Results On Thursday, January 31, 2019

US 01/21/19Atlanta, GAUPS (NYSE:UPS) will announce its 2018 fourth-quarter results on Thursday, Jan. 31, 2019, at approximately 7 a.m. Eastern Time. ET, UPS Chairman and Chief Executive Officer David Abney and Chief Financial Officer Richard Peretz will lead an investor conference call. This call will be open to reporters and the public via a live Webcast. To listen to the live Webcast, go to http://www.investors.ups.com and click on Earnings Webcast. The company’s sustainability eNewsletter, UP

By | 2019-01-20T16:00:00+00:00 January 20th, 2019|companies, News|0 Comments

FedEx Corp. Reports Second Quarter Results

We have adjusted our second quarter fiscal 2019 and 2018 consolidated financial measures and the FedEx Express segment second quarter fiscal 2019 and 2018 financial measures to exclude TNT Express integration expenses because we generally would not incur such expenses as part of our continuing operations. The adjustment to our second quarter fiscal 2019 consolidated financial measures includes only a revision to this transitional impact. Because non-GAAP financial measures are not standardized,

By | 2018-12-17T16:00:00+00:00 December 17th, 2018|companies, News|0 Comments

Press Release

Between July and September, Group revenue increased by 1.4% year on year to EUR 14.8 billion. Between July and September, Group revenue increased by 1.4% year on year to EUR 14.8 billion. In addition, Deutsche Post DHL Group has spent EUR 45 million of the announced yearly investment of EUR 150 million in productivity increases.“Deutsche Post DHL Group remains in good shape with our fundamental growth drivers intact. The results of our efforts will already be clearly visible over the coming year,” says Frank Appel, CEO of Deutsche Post DHL Group. The international parcel and e-commerce b

By | 2018-11-05T16:00:00+00:00 November 5th, 2018|companies, News|0 Comments

UPS Schedules 3rd Quarter Financial Report For Wednesday, October 24, 2018

US 09/26/18Atlanta, GAUPS (NYSE:UPS) will report its 2018 third-quarter results on Oct. 24. A third-quarter financial results press release will be issued at 7 a.m. ET, and at 8:30 a.m. UPS Chairman and Chief Executive Officer David Abney and Chief Financial Officer Richard Peretz will lead an investor. The Webcast audio will remain accessible on the Investor Relations Website for a limited time following the call. Headquartered in Atlanta, UPS serves more than 220 countries and territories worl

By | 2018-09-25T17:00:00+00:00 September 25th, 2018|companies, News|0 Comments

FedEx Corp. Reports Higher First Quarter Earnings, Increases Fiscal 2019 Earnings Per Share Outlook

Because non-GAAP financial measures are not standardized, it may not be possible to compare these financial measures with other companies’ non-GAAP financial measures having the same or similar names. Fiscal 2019 Operating Margin, Earnings Per Share and ETR ForecastsOur fiscal 2019 operating margin forecast is a non-GAAP financial measure because it excludes estimated fiscal 2019 TNT Express integration expenses. Our fiscal 2019 earnings per share (EPS) forecast is a non-GAAP financial measure b

By | 2018-09-16T17:00:00+00:00 September 16th, 2018|companies, News|0 Comments