American Dollar to Canadian Dollar = 0.795663; American Dollar to Chinese Yuan = 0.154431; American Dollar to Euro = 1.177453; American Dollar to Japanese Yen = 0.009048; American Dollar to Mexican Peso = 0.049796.

March imports were weaker year-on-year but the busiest U.S. container port still managed to play up to the back of its baseball card. The Port of Los Angeles handled 752,520 twenty foot equivalent units (TEUs) in March, off 3% from the same month a year ago as geopolitics and economic uncertainty overshadowed the beginning of the months-long run-up to the peak shipping season. “Even with the seasonal slowdown tied to Lunar New Year, cargo flow in March was solid and our first quarter performance was consistent with our five-year trend,” said Port of Los Angeles Executive Director Gene Seroka, in a media briefing.

“The FedEx team and its unparalleled network have been connecting the world and creating opportunities since our founding,” Subramaniam said. “As we enter the next phase of FedEx, we will unlock value from this foundation to deliver outstanding returns to all of our stakeholders. Our strategy is focused on driving yields, expanding margins, and elevating returns through profitable growth and capital efficiency. We have tremendous momentum and a committed leadership team focused on delivering today, while innovating for tomorrow.” The FedEx executive leadership team will discuss its strategy and detailed plans to Deliver Today, Innovate for Tomorrow during today’s investors day. The plans will guide the company’s short- and long-term priorities to maximize value for customers, stockholders, and team members. The leadership team will also outline how FedEx is Innovating for Tomorrow by: *Enabling intelligent supply chains by leveraging its technology, data, and digital capabilities *Leading through its continued commitment to sustainability *Reinventing work and empowering people