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Trucking News and Analysis | Trucking Dive

Trucking News and Analysis | Trucking Dive

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Business & Economics

FedEx Freight operating income drops 6%

Trucking News and Analysis | Trucking Dive
Summary
Nutrition label

91% Informative

LTL shipments were flat year over year in March , down 2% in April and down 1% in May .

Operating income for the segment fell 6% to $477 million , according to an investor presentation.

FedEx Freight also sold a facility that gave the business a $33 million gain.