What we are most concerned with at FedEx is volume growth that provides a compensatory returns, ... I'm not as enamored with market share for market share sake as some people who like to write about it.
More Quotes from Alan Graf:
Continuing weak economic conditions, particularly in the high-tech and durable goods sectors sharply reduced demand for our express services.Alan Graf
Continued good strong cost management will be implemented in the fourth quarter,
Alan Graf
Volume growth accelerated at the end of (the second quarter) and has continued to accelerate in quarter three.
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
Market conditions have deteriorated more than we anticipated, as reflected by numerous news accounts of earnings warnings and layoffs, particularly in the auto and high-tech sectors, ... Volume growth, yield growth and weights for February dropped noticeably for all of our operating units.
Alan Graf
This quarter's results reflect the competitive strength of our diversified and expanded portfolio of services, as well as outstanding expense management across all our companies,
Alan Graf
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