FedEx issues rate changes and fiscal first quarter earnings

For the holiday season, FedEx said that 2019 will mark the third consecutive year it will not apply residential surcharges, with a few exceptions, including shipments that are oversized unauthorized, or require additional handling. And on the earnings side, total revenue, at $17.058 billion, was flat, and operating income, at $977 million, dipped 9%.
Source: logistics Mgmt