Higher yields and volume growth across both divisions supported revenue growth. Meanwhile, FedEx Express’s revenue grew steadily, with the positive effect of US parcel volume growth partly of set by weaker demand for international priority services and exchange rate effects. FedEx forecasts that volumes and revenue for FedEx Ground will continue to grow strongly in FY 2019, driven by the launch of seven-day deliveries in the middle of the year. For more details download the latest IPC Carrier Intelligence Report for FedEx.
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