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Industry News
Siriani & Associates has been designing comprehensive freight savings plans (FSP) for various associations since 1982. As the innovators of the FSP, Siriani takes pride in providing associations and their members with unparalleled customer service.
FedEx Corp. Reports Higher Fourth Quarter
June 16, 2010
FedEx Corp. today reported earnings of $1.33 per diluted
share for the fourth quarter ended May 31.
Fourth Quarter Results
FedEx Corp. reported the following consolidated results for the fourth quarter:
- Revenue of $9.43 billion, up 20% from $7.85 billion the previous year
- Operating income of $696 million, up from an operating loss of $849 million last year
- Operating margin of 7.4%, up from (10.8%) the previous year
- Net income of $419 million, up from last year's net loss of $876 million
Earnings increased as a result of stronger shipment growth in
international express and continued growth at FedEx Ground.
Freight News:
John Bernards, IASC
"Siriani and Associates is a great partner for our Association. They have excellent service and respond quickly and efficiently to our needs and the needs of our members "