FedEx Freight reports hits to volume, revenue

This story was originally published on Trucking Dive. To receive daily news and insights, subscribe to our free daily Trucking Dive newsletter. Dive Brief: FedEx’s Freight segment faced shipment and revenue declines during its last fiscal quarter amid LTL market demand challenges, the company reported Thursday. Average daily shipments declined by roughly 6% year over year, pressuring revenue for the quarterly period ending Feb. 28, according to a securities filing. Revenue declined 5% to nearly $2 bil ...