FedEx Q4 net income up 33%
FedEx has attributed the increase in its fourth quarter revenue and earnings to continued strong yield improvement in all transportation segments, as well as volume growth of ground and international express shipments. Fourth quarter operating income was up 28% to $888 million (Q4 2010: $696m). Revenue was up 12% to $10.55 billion (Q4 2010: $9.43bn),…