Courier, Express & Postal Observer-Paul Page, an editor with the Journal of Commerce, tweeted today “Trying to understand why Bloomberg sys FedEx 2q profit up on stronger consumer shipments when domestic shipments fell 4%.” The decline in domestic shipments he mentioned is for shipments of FedEx’s Express unit. FedEx experienced significant growth in shipment volume in its Ground Parcel units, with the fastest growth coming from its FedEx SmartPost unit that uses the Postal Service to deliver small parcels to households. Read more!

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