http://investors.fedex.com/news-and...p-Reports-Third-Quarter-Earnings/default.aspx
FedEx Freight Segment
For the third quarter, the FedEx Freight segment reported:
Fiscal 2018
Revenue: $1.69 billion
Operating income: $55 million
Operating margin :3.2%
Revenue increased due to less-than-truckload (LTL) revenue per shipment growth of 8% and average daily LTL shipment growth of 6%.
Operating results improved primarily due to the benefit from higher LTL revenue per shipment, partially offset by higher variable compensation accruals.
FedEx Freight Segment
For the third quarter, the FedEx Freight segment reported:
Fiscal 2018
Revenue: $1.69 billion
Operating income: $55 million
Operating margin :3.2%
Revenue increased due to less-than-truckload (LTL) revenue per shipment growth of 8% and average daily LTL shipment growth of 6%.
Operating results improved primarily due to the benefit from higher LTL revenue per shipment, partially offset by higher variable compensation accruals.
Last edited: