According to the statement of CEO James Welch, the company didn’t involve all elements of the system into the service circle. Freightage was not effectively organized. These outputs shattered confidence of investors and increased the out flux of money from the company. It should be noticed that the maximum losses were recorded by stockbrokers last November. However, the company posted an increase of operating revenue to $1.32 billion versus $1.24 billion, beating the agreed evaluation of $1.31 billion.
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