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...But UPS and FedEx, which operate air freight businesses, need not fear serious competition from airlines, said Citi analyst Chris Wetherbee....
...Christian Wetherbee, an analyst at Citigroup, suggested the company might be the most interesting story in North American transport when he named it as one of his top share picks....
...In addition, fuel prices continued to escalate since we provided our earnings outlook in December,” Alan Graf, chief financial officer of FedEx, said in a statement....
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