Other

Purchased transportation

FedEx Purchased transportation increased by 3.4% to $6.08B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 8.0%, from $5.63B to $6.08B. Over 4 years (FY 2021 to FY 2025), Purchased transportation shows relatively stable performance with a 0.1% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementIncome Statement
SectionOther
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ1 2018
Last reportedQ3 2026Mar 19, 2026

How to read this metric

Higher costs suggest a reliance on third-party capacity to meet demand spikes, whereas lower costs may indicate better utilization of internal assets.

Detailed definition

Purchased transportation costs represent expenses paid to third-party carriers, contractors, or logistics partners to mo...

Peer comparison

Standard for logistics and freight companies; reflects the 'asset-light' vs 'asset-heavy' operational strategy.

Metric ID: other_purchased_transportation_costs

Historical Data

20 periods
 Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Value$5.63B$5.66B$6.24B$6.27B$5.95B$5.77B$5.67B$5.40B$4.96B$5.04B$5.40B$5.35B$5.15B$5.28B$5.50B$5.63B$5.36B$5.49B$5.89B$6.08B
QoQ Change+0.5%+10.3%+0.5%-5.2%-3.0%-1.8%-4.6%-8.3%+1.6%+7.1%-0.9%-3.7%+2.5%+4.3%+2.4%-4.9%+2.4%+7.2%+3.4%
YoY Change+5.6%+1.9%-9.2%-13.9%-16.6%-12.7%-4.8%-1.1%+3.8%+4.7%+1.9%+5.4%+4.2%+4.0%+7.0%+8.0%
Range$4.96B$6.27B
CAGR+1.6%
Avg YoY Growth-0.7%
Median YoY Growth+2.9%
Current Streak3 quarters growth

Frequently Asked Questions

What is FedEx's purchased transportation?
FedEx (FDX) reported purchased transportation of $6.08B in Q4 2025.
How has FedEx's purchased transportation changed year-over-year?
FedEx's purchased transportation increased by 8.0% year-over-year, from $5.63B to $6.08B.
What is the long-term trend for FedEx's purchased transportation?
Over 4 years (2021 to 2025), FedEx's purchased transportation has grown at a 0.1% compound annual growth rate (CAGR), from $21.67B to $21.77B.
What does purchased transportation mean?
The cost of hiring outside companies to handle shipping and transportation tasks.