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Fedex announced last week that raised 2011 fiscal performance expectations. Express company's performance is generally considered as the U.S. economy as a whole situation vane. In the annual Christmas shopping season, the American economy gradually and steadily recovery situation, also give consumer markets have brought more strong faith, higher sales level.
Express business powerful recovery
Fedex 16 released by November 30 second quarter of fiscal year 2011 earnings, this quarter net fedex previous billion and earnings per share 89 cents, than last year the corresponding period of $1.10 declined. Operating income rise 12% reach 96.3 billion dollars. The company said, wage costs rise to second quarter earnings affected, international freight volume growth period behind the company expected.
But fedex is expected, international and freight market will have strong recovery. Company said, according to the price and demand are consistent, improving the fiscal year 2011 expected, eps expected from the former 4.8 to 66 ascending to the current $5 to $had. Company CEO Fred Smith said, "we for this year for the rest of the situation is even more valued, because consumers and business confidence gradually improve, during the festival FaHuoLiang record levels, customers for our service demand is bigger and bigger."
Fedex statistics released, this company December 13, cargo increased nearly 13 percent and is fedex network average daily processing goods quantities of two times. The company expects that in Thanksgiving to the Christmas period, the company's global network will transport over 2.23 billion ticket goods pieces, year-on-year growth of 11%. The company expects that during the transportation over 63m ticket goods pieces, last year's figures are 5750 million tickets. From a large web retailers send shipment of books, retail clothes, personal consumer electronics and luxury etc will drive the fedex festival goods quantities of growth.
Pyramid emerging markets
The United States this year international express company several big expansion, we can see that the American logistics industry valued emerging markets, especially in Asia region's development.
Fedex corporation November, said its mail sectoral merging India sent and logistics company Unifreight India, this is this group implementing "expand rapidly developing countries express network strategy" one part. The company expects that the merger is expected in 2011 February by the third quarter in finish.
Fedex September 29 also said already ordered two Boeing 777 cargo aircraft company to help the company using booming Asian trading opportunities. Company spokesman Bonn said, "these freighters allows us to provide the next day from Europe to Asia Pacific service."
Another united parcel delivery and service companies (UPS) also plan to further strengthen in China, especially China in western and central coverage ability. UPS China top December, said China in the importance of the global business continued to improve. In the third quarter, the Asia Pacific region made more than 30 percent of growth, more than 50% rise in China. At present the company in China is one of the main work from China, strengthen the link to America, Asia, Europe's flight operation capability.
Source network, MYEX fujian and express finishing