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letamp;#39;s break down the latest results with John EAD whoamp;#39;s joining us from Argus research John your immediate reaction to the numbers that we just got today Streetamp;#39;s certainly liking it at least on the initial hop right I think weamp;#39;re seeing some incremental Improvement maybe not necessarily on the top line but on the bottom line with Managementamp;#39;s focus on improving margins the street was looking for better earnings growth and and thatamp;#39;s what theyamp;#39;re getting here today and John you know a lot of some analysts your colleagues on the street they were talking about the volume environment they described as kind of so-so and tepid and that makes sense given some of the macro challenges slowing imports from Asia weakness in Europe how do you see it what does it mean for FedEx well that was one of the things I was hoping to see was better volume numbers from FedEx that didnamp;#39;t happen I think last quarter the FedEx volumes were down se
