Volume growth accelerated at the end of (the second quarter) and has continued to accelerate in quarter three.
More Quotes from Alan Graf:
Profitability is improving, ... By operating each of the FDX subsidiaries independently to compete in distinct market segments, we bring the most appropriate services and cost structure to each customer segment.Alan Graf
Continuing weak economic conditions, particularly in the high-tech and durable goods sectors sharply reduced demand for our express services.
Alan Graf
We exceeded our original forecast for the second quarter due to outstanding operational performance and the deferral of certain advertising and promotional expenses to the second half of the fiscal year.
Alan Graf
We intend to continue to manage the company's cost structure to remain profitable in the second quarter and the remainder of fiscal 2002,
Alan Graf
Continued good strong cost management will be implemented in the fourth quarter,
Alan Graf
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