Airlines add transpac capacity as flood of ecommerce traffic continues
Airlines are boosting their transpacific capacity in the face of continued strong ecommerce volumes. Etihad Cargo ...
FedEx’s fiscal Q1 24 results to end-August were mesmerising, despite revenues that were a touch light against expectations. Out yesterday, 20 September, after the US market closed, they were solid at bottom line level.
Despite a re-stocking cycle that isn’t helping, really.
Despite revised guidance now pointing to flat revenue year-on-year against prior projections “of flat to low-single-digit-percent revenue growth”.
Despite forward-looking, annual earnings per diluted share of between $15.1 and $16.6 “before the MTM retirement plans accounting adjustments, compared to the prior forecast of $15 ...
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