The FedEx report has put transport ETFs in focus.

The disappointing FedEx earnings put transport ETFs in focus.

FedEx disappointed investors as it missed the estimates on both the top and bottom lines, and slashed its fiscal 2020 outlook.

Decent results have led to mixed trading in transportation ETFs over the past month.

The transportation ETFs have been off to a strong start this earnings season.

According to travel service provider American Automobile Association (AAA), Thanksgiving holiday travel will be the second highest, trailing the record set in 2005.

Mixed results coupled with the impact of the coronavirus outbreak induced a dismal trading scenario for the transport ETFs over the past 10 days.