Using Amazon Air services 'a win-win' for 'absolutely satisfied' K+N
Amazon Air has received a ringing endorsement for its airfreight services from Kuehne + Nagel ...
XPO: SAIA READ-ACROSSHLAG: BOUYANT BUSINESS HLAG: FOLLOW THE LEADERBA: RISKY STUFFKNX: UNCHANGEDWTC: RELIEF RALLY R: IN LINEDHL: AI PUSH IS HEREUPS: SCS BUSINESS ON WATCHUPS: RALLY MODE ON WTC: 'WHITE NOISE' TURNS INTO NEWSDHL: GREEN PUSH UPDATEKNIN: DOWN SHE GOESDSV: SOLUTIONS THE STAR PERFORMER DSV: DOWNSIDE REMINDER
XPO: SAIA READ-ACROSSHLAG: BOUYANT BUSINESS HLAG: FOLLOW THE LEADERBA: RISKY STUFFKNX: UNCHANGEDWTC: RELIEF RALLY R: IN LINEDHL: AI PUSH IS HEREUPS: SCS BUSINESS ON WATCHUPS: RALLY MODE ON WTC: 'WHITE NOISE' TURNS INTO NEWSDHL: GREEN PUSH UPDATEKNIN: DOWN SHE GOESDSV: SOLUTIONS THE STAR PERFORMER DSV: DOWNSIDE REMINDER
Bad weather and peak season costs did not leave too much of a mark on FedEx’s Q3 “mixed bag” results. The express courier reported a successive quarterly increase in revenues that were also up $1.5bn year-on-year. Reuters reports that revenues for the three-month period hit $16.5bn (slightly shy of analyst expectations of $16.6bn) aided by strong volume gains and changes to US tax law. Although bad weather in the US, higher peak-related costs, and the ongoing expense of integrating TNT, dented quarterly profits. You can see the full results here.
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