FedEx Corp. posted $3 billion in consolidated net profit for fiscal 2017, up 64.7% from the company’s $1.8 billion net profit in fiscal 2016. FedEx attributed its results to higher base rates, increased volume, continued cost management at FedEx Express and the inclusion of full-year results for Dutch courier company TNT Express, which FedEx acquired in May 2016, six days before the end of its 2016 fiscal year. The results were partially offset by integration expenses involving TNT ...

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