FedEx Corp. posted an unadjusted $2.1 billion net profit for its fiscal 2018 third quarter, as the Memphis-based package delivery company saw a $1.53 billion benefit following US tax reforms enacted in late 2017. Excluding the tax benefit, FedEx’s third-quarter adjusted net income came to $1 billion, up 63.2% compared to $625 million in adjusted net income for 2016, reflecting higher base rates and increased volumes in FedEx’s ground and freight business, offset by increased ...

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