FedEx Corp. cut much, but not all, of its second quarter losses compared to a year earlier, while a preview of Werner Enterprises second quarter earnings sent heartburn throughout trucking and Wall Street amid concerns about second quarter trucking profits. The Tennessee-based parcel and less-than-truckload services provider reported a net loss of $70 million, or 26 cents per share, in its fiscal fourth quarter ending on May 30 compared to a loss of $895 million, or $3.16 per share, a year earlier.
