UPDATE 1-FedEx commits $3.2 bln to raise pay, expand hubs after U.S. tax overhaul
January 26, 2018 at 10:27 AM EST
Jan 26 (Reuters) - Package delivery company FedEx Corp said on Friday it will spend more than $3.2 billion on wage increases, bonuses, pension funding and capital investment, taking advantage of the U.S. tax overhaul signed into law in December.