FedEx says 3Q volume and earnings are rising
FedEx Corp. said both its freight volume and earnings are rising sharply in the third quarter of fiscal 2002. The company said it expects earnings in the third fiscal quarter of 2002, which ends Feb. 28, to exceed its previously predicted range of 25 to 35 cents per diluted share. CFO Alan B. Graf Jr. added that FedEx Ground's volume growth is expected to approach 20% this quarter and profits on that