(Reuters) - FedEx Corp <FDX.N> said it will incur a cash charge of $550 million to $650 million over the next two quarters as several of its U.S. employees accept a voluntary buyout offer. Full story
Why returns are expected to be way up, with CNBC's Jane Wells.
A Federal Express aircraft carrying two panda bears arrives at Pearson International airport in Toronto March 25, 2013. REUTERS/Fred Thornhill
Handlers scan and affix labels onto packages at a FedEx office in Marina Del Rey, California in this December 12, 2011 file photograph. FedEx Corp cut its full-year forecast after a worse-than-expected quarterly profit as customers shift from air express to slower but cheaper modes of international
Green Bay Packers legend Bart Starr speaks as he accepts the FedEx Air NFL Player of the Year for Green Bay Packers quarterback Aaron Rodgers at a ceremony in Dallas, Texas, February 2, 2011. REUTERS/Joe Skipper
A delivery truck returns to a FedEx sort facility in Boston, Massachusetts June 18, 2008. REUTERS/Brian Snyder