FedEx Freight shows solid growth trends in its first post-spinoff earnings report
Seeking Alpha ·
FedEx Freight ( FDXF ) issued its first earnings report since the spinoff from FedEx ( FDX ). Revenue increased 4.8% year-over-year to $2.4B in Q4, driven by the favorable impact of fuel, higher revenue per shipment, and increased weight per shipment despite softer freight volumes. Revenue per shipment rose
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