FedEx’s third-quarter profit falls as people opt for less-expensive ground shipping

Please ShareShare on FacebookTweet about this on TwitterShare on Google+Share on StumbleUponDigg thisEmail this to someonePrint this page

DALLAS — FedEx says its third-quarter profit fell 31 percent as customers are opting for less-expensive ground shipping, hurting the company’s airfreight business.
The company says it will cut capacity to and from Asia starting next month and might retire some of its older airplanes.
Its shares fell more than… …read more
Source: NY Post

Please ShareShare on FacebookTweet about this on TwitterShare on Google+Share on StumbleUponDigg thisEmail this to someonePrint this page