FedEx 777. Photo: Courtesy, FedEx. FedEx reported net income of $231 million for its fiscal third quarter ended Feb. 28, down 3% from a $239 million profit in the prior-year period, but it posted an 11% year-over-year rise in quarterly revenue to $9.66 billion and gave positive guidance for the current quarter and beyond. Executive VP and CFO Alan Graf said, "Successful yield management initiatives helped drive significant revenue growth across our transportation segments in ...

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