FedEx Express Fiscal 2011 Sales, Operating Income Improve

A 14% rise in sales and 9% improvement in operating income at FedEx Express in fiscal 2011 contributed to a solid year for the logistics firm. Revenue at Express, the company’s largest division by sales, rose to $24.6 billion in the 12 months to May 31 and 13% in the fourth quarter to $5.9 billion...

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