Feel free to read the SEC filing:
http://d18rn0p25nwr6d.cloudfront.net/CIK-0001048911/07bd70ac-5257-481e-86e1-f647b6443aa8.pdf
Breifly, FedEx Freight is doing VERY good. Great even.
4th Quarter - at a glance:
Revenue $ 1,955
Operating Income $ 194
Operating Margin 9.9%
Also, worth checking out, The Earnings call TRANSCRIPT:
https://seekingalpha.com/article/42...-results-earnings-call-transcript?part=single
Freight was mentioned 7 times. All good. We can get into both of the above later, if anyone wants to.
But then, on the Express side, significant challenges persist:
FedEx points to weak global trade as drag
https://seekingalpha.com/news/3473721-fedex-points-weak-global-trade-drag?dr=1#email_link
Lots to check out when time allows...
http://d18rn0p25nwr6d.cloudfront.net/CIK-0001048911/07bd70ac-5257-481e-86e1-f647b6443aa8.pdf
Breifly, FedEx Freight is doing VERY good. Great even.
4th Quarter - at a glance:
Revenue $ 1,955
Operating Income $ 194
Operating Margin 9.9%
Also, worth checking out, The Earnings call TRANSCRIPT:
https://seekingalpha.com/article/42...-results-earnings-call-transcript?part=single
Freight was mentioned 7 times. All good. We can get into both of the above later, if anyone wants to.
But then, on the Express side, significant challenges persist:
FedEx points to weak global trade as drag
https://seekingalpha.com/news/3473721-fedex-points-weak-global-trade-drag?dr=1#email_link
Lots to check out when time allows...