Airborne Reports Record First Quarter Earnings
Airborne Freight Corp. reported first quarter net earnings of $32.4 million, more than double net earnings of $14.4 million for the same period last year. Revenues rose 14.5% to $750.2 million from $655.5 million. Domestic revenues were up 18% to $622.5 million, but international revenues fell 6% to...
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