FedEx tips strong 2011

FedEx tips strong 2011

: Latest News; Monday, 20 December 2010

Inventory purchases and government initiatives will drive faster-than-expected growth in 2011, says package delivery giant FedEx.

Its ceo Fred Smith said: "We believe consumer and business sentiments are improving."

Smith also said recent US government action to relax taxes was encouraging, saying that moves to allow companies to expense capital equipment purchases faster was good for jobs and economic activity.

FedEx tips strong 2011

: Latest News; Monday, 20 December 2010

Inventory purchases and government initiatives will drive faster-than-expected growth in 2011, says package delivery giant FedEx.

Its ceo Fred Smith said: "We believe consumer and business sentiments are improving."

Smith also said recent US government action to relax taxes was encouraging, saying that moves to allow companies to expense capital equipment purchases faster was good for jobs and economic activity.