“We recently announced fuel surcharge table increases across our services, which should also benefit yields in fiscal year 2025.”

In context

“itable growth and revenue quality. At Express, package yields increased 2%, driven by higher US domestic package yields, partially offset by international export yield pressure. At FedEx Ground, yield increased 1%, driven by home delivery and ground commercial. Our value proposition is translating to increased ground commercial market share gains, which positively contributed to our yields. And at FedEx Freight, revenue per shipment was up 1%, driven by a continued focus on revenue quality as we grew share in the most attractive parts of the market. This was Freight's strongest yield performance since the third quarter of fiscal year 2023. In light of the overall pricing environment, I am very pleased to report that we had a very strong US domestic capture rate on the 5.9% GRI in January. We recently announced fuel surcharge table increases across our services, which should also benefit yields in fiscal year 2025. We continue to enhance our portfolio and value proposition to drive profitable growth. Our world-renowned brand, the breadth of our networks, and our strong reliability, along with our digital portfolio are winning the hearts and the minds of customers around the world. A few commercial highlights I would like to share. We are very proud of our healthcare portfolio. Last year, as part of our commercial DRIVE focus, we increased focus on this attractive segment and experienced great results. We have over $1 billion of healthcare related revenue that comes from customers who utilize FedEx Surround. The FedEx Surround platform provides insights to help our customers monitor and solve their supply chain challenges. Surround gives customers real-time visibility into their shipments by combinin”