During the first quarter, consolidated revenue was flat at $17.0 billion while operating income decreased 8.8% to $977 million. Net income dropped 63.2% to $2.07 billion. Information for operating companies is not provided.
Author: Joe Loughran
Joe Loughran is President of Parcel Rate Solutions and an expert in the parcel industry. Parcel Rate Solutions is a transportation consulting company offering services in carrier rate analysis. Joe can be reached by phone at (724) 934-0626 or email: loughran@parcelratesolutions.com.