FedEx Corp. has posted a consolidated net profit of $562 million for its FY2017 third quarter covering the peak holiday period between December 2016 and February 2017, a 10.8% increase over $507 million net income in the year-ago quarter. Third-quarter revenue for the Memphis, Tennessee-based freight carrier was $15 billion, up 18.5% year-over-year (YOY) from $12.6 billion; consolidated operating expenses totaled $14 billion, up 18.5% over $11.8 billion in the company’s fiscal 3Q ...

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