FedEx fiscal 1Q net profit up 24% to $606 million

Credit: By Rob Finlayson
FedEx Corp. reported a consolidated net profit of $606 million for its FY2015 first quarter ended Aug. 31, up 24% over net earnings of $489 million in the first-quarter FY2014. The company cited higher volumes and increased yields at all three transportation segments as the source of its operating...

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