“So we had strong rev per piece for international we held our cost CPP flat and so delivered operating leverage. We would continue to do that into the next year.”

In context

“t slightly. So, Kate, maybe you want to talk about how you would manage the business outside the United States if the industrial production remains softish? Kate Gutmann: Yes, absolutely. And I think the quarter was a good example of that. The macro indicators have come down, but yet we've expanded the revenue, profit and margin in the international business and posting an 8% margin. We intend to continue to run those same plays. Let me go into a few. Just as Nando indicated, on the domestic side, 60% of our volume goes through automated hubs and that's for the domestic and transporter of all of our large international volume markets. And then on the air side of the house, we continue to show that revenue quality matters, especially when you have expensive assets and we align with demand. So we had strong rev per piece for international we held our cost CPP flat and so delivered operating leverage. We would continue to do that into the next year. Carol Tome: And in-markets that are soft to win, you gain share. And you gain share not by dropping price, but by actually increasing your capability. And our Saturday delivery is one example of that. We are the only carrier that offers standard Saturday delivery at no charge in these eight markets. And that's driving some nice performance, isn't it, Kate? We just started it. Kate Gutmann: It really is. And so Europe and Canada exceeding expectations, unlocking more of the customer share of wallet and in the premium spaces too. So cross border trade we're seeing growth with the expansion of our service out of Asia to Europe as well as throughout intra-Asia we've made the lanes faster and as a result that premium unlock and by the way with rev per piece growing. So we feel good about the e”