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.

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FedEx Reports Higher Revenue and Earnings

September 22, 2011

FedEx Ground Margin Improves to 17.9%. 

FedEx Ground average daily package volume grew 5% in the first quarter ended August 31, driven by increase in the business-to-business market as well as FedEx Home Delivery service. Operating income and margin increased primarily due to higher package yield and increased volume.

FedEx Express Announces 2012 Rate Increase. 

FedEx Express will increase shipping rates by a net average of 3.9% for U.S. domestic, U.S. export and U.S. import services effective January 2, 2012. The full average rate increase of 5.9% will be partially offset by adjusting the fuel price threshold at which the fuel surcharge begins, reducing the fuel surcharge by two percentage points. The FedEx Ground pricing changes for 2012 will be announced later this year.

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"With the additional savings from our CBA membership we are able to give more back to our Global Outreach Ministries."

Marci Regan, Operations Manager, Mariners Church Bookstore