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FedEx, local logistic firms likely to benefit from latest free trade pacts:

A new round of trade deals could benefit FedEx and pump more freight through Memphis' 58,000-employee logistics industry, business analysts say. Big companies including Memphis-based FedEx sought the deals to spur on sales and keep prices on U.S. goods even with Europe's in South Korea. A staple of U.S. economic policy since the late 1940s, trade deals cut tariffs, which are taxes on products entering a nation. To continue reading, click here.