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FedEx Annual Report 2011: “We said we would position ourselves for success, and we have.”

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After a year of transition, this is a defining moment for FedEx. During 2011, an improved economy, robust customer demand and decisive actions to grow our business increased volumes and yields across all FedEx transportation segments. Revenues reached nearly $40 billion, a 13 percent year-over-year increase, and earnings per share grew more than 20 percent year over year. We are reaping the benefits of strategies we executed in tougher times.

I encourage you to visit our new Annual Report website to learn more about our momentum. You’ll find good news about global trade trends that drive our business. Read examples of how we’re making it even easier to access global markets. See how we’re systematically working to create a more secure energy future.

View the new Annual Report website >>

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Mr. Smith, thank you for your leadership through the lean times. I am proud to have served under you these 21 years. I look forward to celebrating the prosperous times to come for our wonderful company! Best Regards, Steve

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About This Blogger

Smith gives his perspectives on the global economy as well as issues of importance to FedEx.

Other Posts by Fred Smith