YOUR BUSINESS AUTHORITY

Springfield, MO

Log in Subscribe

FedEx swings to a profit in latest quarter

Posted online

FedEx posted quarterly profits of $1.9 billion, compared with a $334 million loss in the same period a year earlier.

Revenue rose 30% to $22.6 billion, beating expectations.

Company officials cited growth in online shopping and its business-to-business shipping services.

Read more from The Associated Press.

Comments

No comments on this story |
Please log in to add your comment
Editors' Pick
Open for Business: Belamour

Springfield event venue Belamour LLC gained new ownership; The Wok on West Bypass opened; and Hawk Barber & Shop closed on a business purchase that expanded its footprint to Ozark.

Most Read
SBJ.net Poll
Update cookies preferences