FedEx’s fiscal 1Q profit drops by 53 percent

Copyright Photo: Michael B. Ing.  Please click on photo for more photos.

Copyright Photo: Michael B. Ing. Please click on photo for more photos.

FedEx Corporation (FedEx Express) (Memphis) reported fiscal first quarter (ending on August 31) net earnings of $181 million, representing a drop of 53 percent.

Press release:

finance.yahoo.com/news/FedEx-Corp-Reports-First-bw-2798246774.html?x=0&.v=1