FedEx Package Volumes for Three Months Ended August

Following is a table showing FedEx Corp (FDX)’s operating statistics for package volumes and revenues.

===============================================================================
Three months ended:                  Aug.    May   Feb.  Nov.    Aug.    May
                                     2013   2013   2013   2012   2012   2012
===============================================================================
                                  -----------------YoY% Change----------------
Average Daily Package Volume         4.5%   9.6%   8.3%   9.0%   3.2%  -0.6%
 U.S. Overnight Box                  1.8%   1.6%   0.4%  -2.3%  -3.7%  -3.9%
 U.S. Overnight Envelope            -2.1%   0.3%  -2.1%  -3.1%  -3.5%  -6.7%
 U.S. Total Overnight                0.5%   1.2%  -0.4%  -2.6%  -3.6%  -4.9%
 U.S. Deferred                       3.7%   2.3%   2.3%  -1.2%  -8.1%  -4.8%
   Total U.S. Domestic Packages      1.5%   1.5%   0.5%  -2.1%  -5.1%  -4.9%
 International Priority             -0.5%  -2.4%   1.7%   3.2%  -2.2% -28.3%
 International Domestic             15.9%  59.8%  53.7%  67.1%  53.0%  33.5%
Average Daily Freight Pounds        -2.0%  -4.7%  -2.2%  -1.6%   0.9%   2.6%
 U.S.                                4.9%   1.3%   2.7%   1.2%   1.5%   3.5%
 International Priority            -10.1% -14.1% -11.1%  -6.9%   1.7%   3.4%
===============================================================================
Three months ended:                  Aug.    May   Feb.  Nov.    Aug.    May
                                     2013   2013   2013   2012   2012   2012
===============================================================================
                                  -----------------YoY% Change----------------
 International Airfreight          -23.0% -15.6% -11.5%  -3.9%  -5.2%  -4.8%
Revenue Per Package:            
 U.S. Overnight Box                 -1.4%  -0.1%   0.7%   1.5%   1.6%   5.9%
 U.S. Overnight Envelope             0.9%   0.8%   0.3%   0.3%  -1.1%   3.9%
 U.S. Deferred                       1.8%   1.2%   1.8%   1.4%   4.4%   6.9%
Total U.S. Domestic Package         -0.1%   0.5%   1.0%   1.4%   2.1%   6.1%
 International Priority             -3.2%  -0.3%  -3.6%  -4.9%  -3.3%   7.8%
 International Domestic             -2.3%   3.5%   7.5%   5.7%  -2.2%  -9.7%
  Composite Package Yield           -2.9%  -5.8%  -4.2%  -5.4%  -3.7%   1.7%
Revenue Per Freight Pound:      
 U.S.                               -1.5%  -0.7%   2.4%   0.8%   1.5%   7.2%
 International Priority              0.0%   2.8%  -0.9%   2.3%  -4.1%  -4.1%
 International Airfreight           -3.9%  -9.3%  -4.8%   8.2%   1.0%  11.5%
Composite Freight Yield             -1.3%  -1.3%  -0.7%   1.3%  -0.7%   3.4%
                                  ---Average Daily Package Volume (000’s)---
Total                               3,825  3,903  4,045  4,019  3,661  3,561
===============================================================================
Three months ended:                  Aug.    May   Feb.  Nov.    Aug.    May
                                     2013   2013   2013   2012   2012   2012
===============================================================================
                                  ---Average Daily Package Volume (000’s)---
 U.S. Overnight Box                 1,112  1,131  1,176  1,141  1,092  1,113
 U.S. Overnight Envelope              563    586    569    564    575    584
 U.S. Total Overnight               1,675  1,717  1,745  1,705  1,667  1,697
 U.S. Deferred                        790    811    944    828    762    793
   Total U.S. Domestic Packages     2,465  2,528  2,689  2,533  2,429  2,490
 International Priority               406    415    420    445    408    425
 International Domestic               789    796    781    884    681    498
                                  ---Average Daily Freight Pounds (000’s)---
Total                              11,135 11,223 12,253 12,097 11,365 11,781
 U.S.                               7,423  7,363  8,324  7,719  7,077  7,270
 International Priority             2,862  2,899  2,894  3,212  3,184  3,373
 International Airfreight             850    961  1,035  1,166  1,104  1,138
                                  -----------Revenue per Package------------
Composite Package Yield            $21.18 $21.74 $20.87 $21.04 $21.82 $23.07
 U.S. Overnight Box                $22.27 $22.99 $22.08 $22.39 $22.59 $23.01
 U.S. Overnight Envelope           $11.61 $11.91 $11.69 $11.51 $11.51 $11.81
===============================================================================
Three months eneded:                 Aug.    May   Feb.  Nov.    Aug.    May
                                     2013   2013   2013   2012   2012   2012
===============================================================================
                                  -----------Revenue per Package------------
 U.S. Deferred                     $14.42 $14.67 $13.87 $14.04 $14.17 $14.49
   Total U.S. Domestic Package     $17.32 $17.76 $17.00 $17.24 $17.33 $17.67
 International Priority            $60.65 $63.32 $60.25 $59.91 $62.68 $63.54
 International Domestic             $6.84  $7.02  $7.06  $6.88  $7.00  $6.78
Revenue Per Freight Pound:      
Composite Freight Yield             $1.50  $1.52  $1.47  $1.53  $1.52  $1.54
 U.S.                               $1.31  $1.33  $1.30  $1.32  $1.33  $1.34
 International Priority             $2.12  $2.18  $2.14  $2.21  $2.12  $2.12
 International Airfreight           $0.99  $0.97  $0.99  $1.05  $1.03  $1.07
Operating Weekdays                     64     65     62     63     65     65
===============================================================================

Source: FedEx

To contact the reporter on this story: Marco Babic in Zurich at mbabic@bloomberg.net

To contact the editor responsible for this story: Marco Babic in Zurich at mbabic@bloomberg.net

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