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fedex Annual Reports 1999
The document is FDX Corporation's 1999 annual report. It summarizes that in 1999: - FDX increased revenues to a record $16.8 billion, net income jumped 26% to $631 million, and earnings per share rose to a record $2.10. - FDX pursued a strategy of operating individual companies focused on distinct markets while also creating synergies across companies. This allowed FDX to provide total supply chain solutions to customers and increase sales across operating companies. - FDX is well-positioned to benefit from trends in globalization, the growth of technology and high-value industries, faster supply chains, and e-commerce.
