FedEx reports higher quarterly profit
Package delivery giant FedEx Corp
Memphis-based FedEx reported profit for its fiscal third quarter ended Feb 28 of $239 million, or 76 cents per share, up from $97 million, or 31 cents per share, a year earlier.
Revenue rose 7 percent to $8.7 billion.
Like its main rival, Atlanta-based United Parcel Service Inc
(Reporting by Helen Chernikoff; editing by John Wallace)
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