Mickey Foster - VP of IR Fred Smith - Chairman, President and CEO Alan Graf – EVP and CFO Mike Glenn - EVP, Market Development and Corporate Communications Christine Richards - EVP, General Counsel, and Secretary Rob Carter - EVP, FedEx Information Services and CIO Dave Bronczek - President and CEO of FedEx Express Dave Rebholz - President and CEO of FedEx Ground Doug Duncan - President and CEO of FedEx Freight Analysts