FedEx Freight | FedEx Reports Profit That Trails Estimates, Announces Job Cuts

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Sept. 16 (Bloomberg) -- FedEx Corp., the second-largest U.S. package-shipping company, reported a first-quarter profit that trailed analysts’ estimates, and said it plans to eliminate 1,700 jobs.
FedEx said today it expects to close about 100 facilities as it combines its FedEx Freight and FedEx National LTL operations starting in January.
FedEx Reports Profit That Trails Estimates, Announces Job Cuts - BusinessWeek
 
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