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TRUCKING INDUSTRY NEWS * USA - FedEx 3Q earnings tumble on weak global economy
New York,NY,USA -Associated Press/The Trucker -19 March 2009: -- FedEx says its fiscal third-quarter profit tumbled 75 percent as severe weakness in the global economy offset the benefit of lower fuel prices... The Memphis, Tenn.-based company said Thursday it earned $97 million, or 31 cents per share, compared with $393 million, or $1.26 a year earlier... Revenue fell 14 percent to $8.14 billion, from $9.44 billion...Labels: trucking industry news USA
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