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LM management UPDATE
| 题名： | LM management UPDATE |
| 正文语种： | eng |
| 摘要： | ♦FedEx sees fiscal second quarter earnings gains. Fiscal second quarter earnings for freight transportation and logistics services bellwether FedEx showed gains, reflecting lessening labor-related issues and strong holiday demand. Quarterly revenue-at $23.5 billion-was up 14% annually, and operating income-at $1.6 billion-rose 9% annually. FedEx said that quarterly operating income saw gains related to higher revenue per shipment at all transportation segments, despite the negative effect of labor market challenges that have contributed to global supply chain disruptions. The company added that the challenging labor market affected the availability and cost of labor resulting in network inefficiencies, higher purchased transportation costs, and higher wage rates, which increased costs by an estimated $470 million year over year, primarily at FedEx Ground. The company also said earnings saw gains from continued strategic management actions to improve revenue quality and favorable net fuel. |
| 出版年： | 2022 |
| 期刊名称： | Logistics Management |
| 卷： | 61 |
| 期： | 1 |
| 页码： | 1-2 |
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