FedEx Corporation (FDX) Presents at BofA Securities 31st Annual Transportation, Airlines, and Industrials Conference (Transcript)

FedEx Corporation (NYSE:FDX) BofA Securities 31st Annual Transportation, Airlines, and Industrials Conference March 6, 2023 5:30 PM ET

Company Participants

Jenifer Hollander - Vice President, Investor Relations
John Dietrich - EVP and CFO
Stephen Hughes - Staff Director, Investor Relations

Conference Call Participants

Ken Hoexter - Bank of America Merrill Lynch

Ken Hoexter

All right. Great. Everybody, thanks for joining us. Sorry for the delay. Thanks for taking the time out of your schedules. I know it's always tough to stay late and stay for dinner, so truly appreciate everybody joining us. So good evening, everyone. Welcome to the start of our 31st Annual BofA Transportation, Airlines, and Industrials Conference. This is the 23rd one that I've hosted. I am Ken Hoexter, BofA's Airfreight & Surface Transportation and Shipping or Marine analyst.

We kick off our event with dinner with FedEx, which has been a nice tradition for us to start the conference over the past dozen or so years. So really appreciate FedEx's joining us for much of that time.

We are here along with John Dietrich, EVP and CFO. John's first time joining us at the conference, having been named CFO last August. Also joined by FedEx's IR team, including Jeni Hollander and Steve Hughes on the stage, Matt DeBerry in the audience. Jeni joined FedEx as VP of IR on March 1. Steve Hughes has been a part of the IR team for 25 years -- plus years. We welcome FedEx for the 10th time in our years hosting the event. Steve, for your 6th time here, so only four more times and you get the coveted 10-timer jacket.

John Dietrich

Okay. Wow!

Ken Hoexter

So thank you, and Matt and Jeni's first time here as well. So we've got a lot to unpack tonight with DRIVE, Network 2.0, Tricolor, new management