UPS, FedEx to global freight business confidence

Global freight is expected to continue to enjoy strong recovery, two industry giants, united parcel service corporation and federal express delivery that is full of confidence.

Fedex said Monday it is expected that as of August 31, 2007, the share of the quarter diluted interests for contributions - $1.25, compared with the same period last year 116% - 81 percent growth. Earlier, the company is expected to share profit amortize bo $1.05-0.85. Fedex is expected to 2010 year from last year's earnings per share increase to $3.76-5.20 4.60, or $22-38.

Federal express company CEO Alan Graf Jr. Said in the latest results, "industrial products and promote the growth of global trade of our restorative transportation service needs". A recent quarterly, fedex turnaround, income growth by 20%.

Its rivals UPS also reported recently a quarter of strong performance. Diluted interests year-on-year growth and income growth 71 percent. UPS is expected to 2010 adjusted earnings per share are compared with last year will increase 45-50.

Because of "American economic recovery rate and the European economic prospects are cautious slowly, UPS management to the optimism of global economy is less optimistic. For recent performance and their confidence in the future due to good execution and profitability.

Robert cardin w. Baird analyst Jon cardin RON Jon Langenfeld reinfeldt's (root) in the study of fedex said, "recent results reflect the business areas across the department to improve the environment." global transportation demand

In the long run, the global aviation freight will increase 5% - 6%, because "globalization" growth, the complexity of the supply chain, and through the powerful technical solutions and provide comprehensive logistics service demand, these are promoting global freight business growth.

Sources, network, fujian quanzhou, xiamen and express provide, putian, fuzhou international express delivery service, welcome the advice!