Due to lackluster numbers for its fiscal third quarter, magnified by air freight overcapacity and a modal shift away from air cargo, FedEx Express will lower capacity on its Asian routes starting April 1. The company will also “aggressively manage traffic flows to place low yielding traffic in lower-cost networks,” according to Fred Smith, chairman, president and chief executive officer of FedEx Corp. “We are currently assessing how these actions may allow FedEx Expre...