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1、FedexCorporationANNuAlREpoRt2013North.South.East.WestForwardFedexCorporation942SouthShadyGroveroadMemphis,tennessee38120fedex.comFedexannualreport2013In40yearsofdoingbusiness,we’veexperienceddynamiceconomic,socialandtechnologicalchangesfewcouldhaveenvisioned.Yet
2、,we’vestayedthecourse,guidedbyasteadfastcommitmenttoour—ThePurplePromisecustomers,teammembersandshareowners.Regardlessofwhat’shappeningintheworld,youcancountonFedExtoapproachourbusinessaswealwayshave:movinginmanydirectionstoconnecttheworld,whetherit’sadjustingou
3、rnetworkstomeetcustomers’needsorbyprovidingmoreinnovativeandsustainablewaysofworking.North.South.East.West—theypointinonedirection.Forward.poweringpossibilitiesWhenpeopleconnectwitheachother,anythingispossible.Fairandopentradeunleashesinnovation—thepoweroftechno
4、logy,transportation,informationandideastocompoundandmultiply.Bymakingiteasiertobringnewideastonewmarkets,everyonebenefits.ForwardThinkingToourshareowners,FedExFreightmadesolidprogressinFY13followingitsInFY13,wetookaggressiveactiontoboostfuturereturntoprofitinFY1
5、2.Revenuesincreasedduetohigherprofitabilityandbetteralignourglobalnetworkswithyieldandaveragedailyshipments.customerdemandinasluggishworldeconomy.IamAtFedExExpress,acquisitionsinBrazil,France,Poland,pleasedtosaytheprofitimprovementprogramsweMexico,andIndiaareonc
6、oursetodeliversolidreturnsannouncedinOctober2012areontrackandaheadofinthesekeymarkets.Wealsosignedanewseven-scheduleinmanyareas.yearcontractwiththeUnitedStatesPostalService,Thankstoaboostfrome-commerce,FedExGroundatestamenttothequalityofserviceandthestrongposted
7、anotherstellaryearwithindustry-leadingmargins.relationshipwe’vebuiltduringthepastdecade.Revenuesharehasnowincreasedfor54consecutivequarters—anoutstandingperformancedrivenbyOnceagain,wewerehonoredbyFORTUNEmagazineassuperiorservicethat’sfastertomorelocationsthanon
8、eoftheworld’s10mostadmiredcompanies.anyothergroundservice.TheFedExGroundoutlookThesepositiveaccomplishments,however,didnotoffsetisexcellentasrevenuesareexpectedtocont
