Ari Ashe and Burney Simpson

Business, Logistics

FedEx Profits Grow 11% in Fiscal 2Q, Beating Wall Street Forecasts

FedEx Ground trucks ABC 2 News-WMAR via YouTube

FedEx Corp. reported earnings of $2.84 per diluted share for its second fiscal quarter of 2018 ending Nov. 30, compared with the Bloomberg analyst forecast of $2.76 per diluted share. In last year’s fiscal second quarter FedEx reported earnings of $2.59 per diluted share.

Ari Ashe and Burney Simpson | Staff Reporters
December 19, 2017
Business

Covenant, Werner Report Strong Third-Quarter Earnings

Covenant truck on the highway Covenant Transportation Group generated $4.6 million in profits. (Daniel Dubois)

Three publicly traded carriers reported results on Oct. 19 with two reporting profits better than 2016 and one with a decline in the third quarter.

Ari Ashe and Burney Simpson | Staff Reporters
October 19, 2017