Crucial talks: A file photo of a FedEx plane approaching San Diego. Investors want the company to slash costs. — Reuters
FEDEX Corp is waging financial battles on two fronts.
The delivery giant wants a more profitable contract with the US Postal Service (USPS) and is seeking an elusive labour deal with its pilots. How both efforts shake out will be key to improving profit at its largest business, overnight-delivery provider FedEx Express.
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