Funny (NOT funny) thing, we're cutting pretty deep at FREIGHT, even though we're operating at historically record high margins.FedEx plans more cost cuts as soft demand hurts profits
FedEx said it will be able to cut another $1 billion in costs beyond what it previously forecast.www.cnbc.com
While I understand sharing the burden, helping the Corporate bottom line, I can promise you that when Freight was down and EXPRESS was fat, there was no concern, or cuts made to share Freight's pain.
Just a casual observation...