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UPDATE 2-Despite 2nd-quarter profit jump, FedEx misses expectations

2014-12-17 20:26:02| Trucking - Topix.net

Increased U.S. domestic and international volumes sparked higher quarterly profit at FedEx Corp, the package delivery company said on Wednesday, but quarterly earnings and its full-year outlook fell short of expectations. Both FedEx and main rival United Parcel Service Inc are in the final days of their holiday peak season, which has boomed over the past decade due to the rise of e-commerce.

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