FedEx Raises Rates as Profit Falls 53 Percent (Journal of Commerce Online)

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FedEx Raises Rates as Profit Falls 53 Percent (Journal of Commerce Online)

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09-17-2009, 12:20 PM

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FedEx Raises Rates as Profit Falls 53 Percent (Journal of Commerce Online)

FedEx reported a $181 million profit Thursday for its fiscal quarter ending Aug. 31 that was down 53 percent from a year ago, but the carrier also saw improving demand in its express business and announced a rate increase for expedited shippers.

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