FedEx Corp. Reports First Quarter Earnings

FedEx Corp. today reported the following consolidated results for the first quarter ended August 31. This year’s and last year’s quarterly consolidated results have been adjusted for TNT Express integration expenses of $71 million ($0.21 per diluted share) for this year and $121 million ($0.36 per diluted share) for last year.
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Winter Berries Forever Stamps On Sale Today Nationwide

With the release of the Winter Berries Forever stamps, the U.S. Postal Service celebrates four of winter’s small yet vibrant offerings: the winterberry (Ilex verticillata), the juniper berry (Juniperus communis), the beautyberry (Callicarpa americana), and the soapberry (Sapindus saponaria). The stamps were issued at a First Day of Issue stamp dedication ceremony held in the A.R. & Marylouise Tandy Floral Terraces at the Tulsa Botanic Garden today.
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Printing-Writing Paper Shipments down 13% in August in the U.S.

The American Forest & Paper Association (AF&PA) released its August 2019 Printing-Writing Monthly report on Friday, September 13. According to the August 2019 Printing-Writing Monthly report from AF&PA, total printing-writing paper shipments decreased 14 percent in August compared to August 2018. U.S. purchases of total printing-writing papers declined 13 percent in August compared to the same month last year. Total printing-writing paper inventory levels remained essentially flat compared to July 2019.
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Glatfelter Names Wolfgang Lauren, Senior Vice President, Global Supply Chain

Glatfelter (NYSE: GLT) a leading global supplier of engineered materials, announced that Wolfgang Laures, Ph.D., has joined the Company as Senior Vice President, Global Supply Chain, reporting to Dante C. Parrini, Chairman & Chief Executive Officer, effective September 16, 2019. In this newly established role, Dr. Laures will be responsible for leading Glatfelter’s new integrated global supply chain organization that includes operations, sales and operations planning, strategic sourcing, network and transport distribution, and supply chain analytics.
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