FedEx Package Volumes for Three Months Ended February

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

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Three months ended:                  Feb.   Nov.   Aug.    May   Feb.  Nov. 
                                     2014   2013   2013   2013   2013   2012
===============================================================================
                                  -----------------YoY% Change----------------
Average Daily Package Volume         0.1%  -0.2%   4.5%   9.6%   8.3%   9.0%
 U.S. Overnight Box                  2.2%   0.4%   1.8%   1.6%   0.4%  -2.3%
 U.S. Overnight Envelope            -9.5%  -5.1%  -2.1%   0.3%  -2.1%  -3.1%
 U.S. Total Overnight               -1.6%  -1.4%   0.5%   1.2%  -0.4%  -2.6%
 U.S. Deferred                       4.2%   1.6%   3.7%   2.3%   2.3%  -1.2%
   Total U.S. Domestic Packages      0.4%  -0.4%   1.5%   1.5%   0.5%  -2.1%
 International Priority             -5.0%  -5.4%  -0.5%  -2.4%   1.7%   3.2%
 International Domestic             -0.1%   1.4%  15.9%  59.8%  53.7%  67.1%
Average Daily Freight Pounds        -3.3%  -2.1%  -2.0%  -4.7%  -2.2%  -1.6%
 U.S.                               -0.7%   2.0%   4.9%   1.3%   2.7%   1.2%
 International Priority             -2.5%  -4.5% -10.1% -14.1% -11.1%  -6.9%
===============================================================================
Three months ended:                  Feb.   Nov.   Aug.    May   Feb.  Nov. 
                                     2014   2013   2013   2013   2013   2012
===============================================================================
                                  -----------------YoY% Change----------------
 International Airfreight          -26.9% -22.2% -23.0% -15.6% -11.5%  -3.9%
Revenue Per Package:            
 U.S. Overnight Box                 -1.7%   0.5%  -1.4%  -0.1%   0.7%   1.5%
 U.S. Overnight Envelope             3.4%   2.9%   0.9%   0.8%   0.3%   0.3%
 U.S. Deferred                       1.0%   3.6%   1.8%   1.2%   1.8%   1.4%
Total U.S. Domestic Package          0.4%   2.0%  -0.1%   0.5%   1.0%   1.4%
 International Priority              1.9%   3.3%  -3.2%  -0.3%  -3.6%  -4.9%
 International Domestic             -0.1%  -0.9%  -2.3%   3.5%   7.5%   5.7%
  Composite Package Yield            0.2%   1.3%  -2.9%  -5.8%  -4.2%  -5.4%
Revenue Per Freight Pound:      
 U.S.                              -14.6% -10.6%  -1.5%  -0.7%   2.4%   0.8%
 International Priority             -0.5%  -2.3%   0.0%   2.8%  -0.9%   2.3%
 International Airfreight            1.0%  -7.6%  -3.9%  -9.3%  -4.8%   8.2%
Composite Freight Yield             -8.2%  -7.2%  -1.3%  -1.3%  -0.7%   1.3%
                                  ---Average Daily Package Volume (000’s)---
Total                               4,048  4,011  3,825  3,903  4,045  4,019
===============================================================================
Three months ended:                  Feb.   Nov.   Aug.    May   Feb.  Nov. 
                                     2014   2013   2013   2013   2013   2012
===============================================================================
                                  ---Average Daily Package Volume (000’s)---
 U.S. Overnight Box                 1,202  1,146  1,112  1,131  1,176  1,141
 U.S. Overnight Envelope              515    535    563    586    569    564
 U.S. Total Overnight               1,717  1,681  1,675  1,717  1,745  1,705
 U.S. Deferred                        984    841    790    811    944    828
   Total U.S. Domestic Packages     2,701  2,522  2,465  2,528  2,689  2,533
 International Priority               399    421    406    415    420    445
 International Domestic               780    896    789    796    781    884
                                  ---Average Daily Freight Pounds (000’s)---
Total                              11,843 11,847 11,135 11,223 12,253 12,097
 U.S.                               8,263  7,872  7,423  7,363  8,324  7,719
 International Priority             2,823  3,068  2,862  2,899  2,894  3,212
 International Airfreight             757    907    850    961  1,035  1,166
                                  -----------Revenue per Package------------
Composite Package Yield            $20.91 $21.32 $21.18 $21.74 $20.87 $21.04
 U.S. Overnight Box                $21.70 $22.50 $22.27 $22.99 $22.08 $22.39
 U.S. Overnight Envelope           $12.09 $11.84 $11.61 $11.91 $11.69 $11.51
===============================================================================
Three months eneded:                 Feb.   Nov.   Aug.    May   Feb.  Nov. 
                                     2014   2013   2013   2013   2013   2012
===============================================================================
                                  -----------Revenue per Package------------
 U.S. Deferred                     $14.01 $14.55 $14.42 $14.67 $13.87 $14.04
   Total U.S. Domestic Package     $17.07 $17.59 $17.32 $17.76 $17.00 $17.24
 International Priority            $61.38 $61.87 $60.65 $63.32 $60.25 $59.91
 International Domestic             $7.05  $6.82  $6.84  $7.02  $7.06  $6.88
Revenue Per Freight Pound:      
Composite Freight Yield             $1.35  $1.42  $1.50  $1.52  $1.47  $1.53
 U.S.                               $1.11  $1.18  $1.31  $1.33  $1.30  $1.32
 International Priority             $2.13  $2.16  $2.12  $2.18  $2.14  $2.21
 International Airfreight           $1.00  $0.97  $0.99  $0.97  $0.99  $1.05
Operating Weekdays                     63     63     64     65     62     63
===============================================================================

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 Alex Tanzi, Marco Babic

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