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FedEx revenue rises thanks to ecommerce growth

(Bloomberg)—FedEx Corp. climbed as the courier predicted a “transition year’’ for fiscal 2020, with an improving outlook for e-commerce profits tempered by concerns over international trade tensions. Revenue per package in the ground-delivery operation rose 2.2% in the quarter ending May 31 as volume growth accelerated to 8.8%, FedEx said in a statement late Tuesday. […]

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