During the second quarter of 2020, consolidated revenue decreased 2.8% to $17.3 billion while operating profit decreased 52.7% to $554 million and net income decreased 40.1% to $560 million. This information is not provided for operating companies.
Effective December 29, 2019, the published rates for our services will increase. Below is an overview of the 2020 Rates. A Rebill fee will be assessed for each request to change the billing account for a shipment. A Prohibited Item fee will apply to packages containing prohibited articles or restricted articles not in compliance with all UPS…
During the third quarter of 2019, consolidated revenue increased 5.0% to $18.3 billion and net income increased 13.7% to $1.8 billion. U.S. Domestic Segment Revenue increased 9.8% to $11.5 billion. Operating profit increased 25.7% to $1.2 billion. International Segment Revenue decreased 4.5% to $3.4 billion. Operating profit increased 20.3% to $693 million. Supply Chain and…
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.
FedEx Express, FedEx Ground and FedEx Freight, all subsidiaries of FedEx Corp., will increase shipping rates and surcharges effective January 6, 2020: FedEx Express shipping rates will increase by an average of 4.9% for U.S. domestic, U.S. export and U.S. import services. FedEx Ground and FedEx Home Delivery shipping rates will increase by an average of 4.9%. FedEx SmartPost…
During the second quarter of 2019, consolidated revenue increased 3.4% to $18.1 billion and net income was flat at $1.68 billion. U.S. Domestic Segment Revenue increased 7.7% to $11.1 billion. Operating profit increased 8.0% to $1.2 billion. International Segment Revenue decreased 2.7% to $3.5 billion. Operating profit increased 1.7% to $665 million. Supply Chain and…
During the fourth quarter of 2019, consolidated revenue increased 2.9% to $17.8 billion while operating profit was flat at 1.32 billion. Net income was negative by $1.94 billion. The company does not provide in this information for the different operating companies.
During the quarter 2019, consolidated revenue was flat at $17.1 billion and net income dropped 17.4%. U.S. Domestic Segment Revenue increased 2.5% to $10.5 billion. Operating profit decreased 11.9% to $666 million. International Segment Revenue decreased 2.1% to $3.46 billion. Operating profit decreased 11.1% to $528 million. Supply Chain and Freight Segment…
During the third quarter of 2019, consolidated revenue increased 3.0% to $17.0 billion while operating profit increased 6.2% to $911 million and net income decreased 63.2% to $739 million. This information is not provided for operating companies.