Packing tray for protecting fragile and perishable food items, such as pears, which allows fruit items of varying dimensions and weights to be held securely in each pocket, and which allows a plurality of stacked trays and fruit to be packaged in boxes (e.g., standard carton sizes). The tray is a plastic foam sheet having a top wall and a plurality of recessed cell pockets, each cell pocket having a relatively thinner cell sidewall with expandable (accordion-like) flutes, and a relatively thicker bottom wall also with expandable flutes. This construction allows the cell bottoms in adjacent pockets and in adjacent trays of the stack to move relative to one another to accommodate various sizes and weights of fruit while still protecting the fruit from damage.