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View Full Version : FedEx Trims Full-Year Outlook as Premium Demand Shrinks - Bloomberg



NewsWhore
09-18-2012, 09:20 AM
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Bloomberg (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNHzq1C3nkMGnjDX_mVJ-yuSFowhsw&url=http://www.bloomberg.com/news/2012-09-18/fedex-trims-full-year-outlook-as-premium-demand-shrinks.html)


FedEx Trims Full-Year Outlook as Premium Demand Shrinks (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNHzq1C3nkMGnjDX_mVJ-yuSFowhsw&url=http://www.bloomberg.com/news/2012-09-18/fedex-trims-full-year-outlook-as-premium-demand-shrinks.html)
Bloomberg
Unfavorable currency exchange rates and lower fuel surcharges pulled revenue per package down 4 percent in international exports, eroding a 1 percent increase in average daily volume. Express profit dropped 28 percent to $207 million, the company said.

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