FedEx Express Revenue Up 13%; International Grows 22%
Fedex last week reported a net profit of $354 million for the quarter ending Nov. 30, driven by a 13% gain in FedEx Express revenue. The Express segment had revenue of $4.83 billion, up from $4.28 billion last year. Operating income was $333 million, compared with a loss of $19 million last year...
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