FedEx Reports Sharp Decline In Quarterly Profits

SAN FRANCISCO, CA - JUNE 19: FedEx workers unload packages from a delivery truck on June 19, 2013 in San Francisco, California. FedEx, the world's second-largest delivery service, reported a 45 percent decline in fourth quarter profits with earnings of $303 million, or 95 cents per share compared to $550 million, or $1.73 per share one year ago.(Photo by Justin Sullivan/Getty Images)
SAN FRANCISCO, CA - JUNE 19: FedEx workers unload packages from a delivery truck on June 19, 2013 in San Francisco, California. FedEx, the world's second-largest delivery service, reported a 45 percent decline in fourth quarter profits with earnings of $303 million, or 95 cents per share compared to $550 million, or $1.73 per share one year ago.(Photo by Justin Sullivan/Getty Images)
FedEx Reports Sharp Decline In Quarterly Profits
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Justin Sullivan / Staff
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June 19, 2013
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