FedEx's freight business puts profit outlook at risk, analyst says

Core Viewpoint - FedEx Corp. shares experienced a decline at the market opening due to concerns regarding a potential slowdown in freight demand impacting the company's earnings [1] Company Summary - FedEx Corp. is facing challenges as slower freight demand raises worries about its earnings performance [1] Industry Summary - The shipping industry is currently under pressure from decreasing freight demand, which could have significant implications for major players like FedEx [1]