What were the key factors behind FedEx's Q3 2025 operating income growth?

FedEx's Q3 2025 operating income growth was driven by several key factors:

1. **Cost Reduction Benefits from DRIVE**: FedEx achieved $600 million in cost savings during the quarter through its DRIVE initiative, contributing significantly to the growth in operating income.
2. **Higher Base Yield**: The company reported a 17% increase in adjusted operating income at Federal Express Corporation, which was partly driven by higher base yield.
3. **Efficient Cost Management**: FedEx demonstrated effective cost management despite the challenging economic environment, growing its adjusted operating income by 12% year-over-year.

In summary, FedEx's Q3 2025 operating income growth was primarily fueled by cost savings from the DRIVE initiative, higher base yield, and efficient cost management.