FedEx posts higher-than expected profit, will cut more capacity

(Reuters) - FedEx Corp reported a higher-than-expected quarterly profit on Wednesday, sending its shares higher, but the world's biggest air-freight company said it was cutting more capacity between the United States and Asia.

International deliveries seen boosting UPS in near term

(Reuters) - United Parcel Service Inc , the world's No. 1 package delivery company, said its international package business will drive results in the near term and that it expects the small-package market to grow faster than the U.S. economy in 2013.

FedEx to add 20,000 seasonal workers, sees shipping up 13 pct

FedEx Corp said on Monday it plans to hire 20,000 seasonal workers, the same as last year, to handle holiday shipping volume that it expects will be up more than 13 percent.