Financial Times FT.com

FedEx bullish on delivery demand

By Justin Baer in New York

Published: September 17 2009 22:32 | Last updated: September 17 2009 22:32

FedEx on Thursday declared that a global economic recovery was under way, which it said would fuel demand for the company’s package deliveries.

The forecast came as the US logistics company, considered a bellwether for the US economy, said that quarterly results had exceeded its own expectations, reflecting corporate America’s optimism for the immediate future.

You have viewed your allowance of free articles. If you wish to view more, click the button below.

Read this