FedEx Earnings Fall Due to Weakness in Air Freight Business
FedEx reports its third-quarter profit fell 31 percent as customers opted for less-expensive ground shipping, hurting the company's airfreight business.
FedEx reports its third-quarter profit fell 31 percent as customers opted for less-expensive ground shipping, hurting the company's airfreight business.
United Airlines says it has a deal with union negotiators on a new labor contract with its own pilots and those from the former Continental Airlines -- an important step in creating a single workforce at the company, which underwent a merger in 2010.

