FedEx Freight to consolidate 29 locations, furloughs workers
According to a representative of FedEx, eligible employees will be offered permanent transfer opportunities to other markets that have hiring needs.
Topic: FedEx
RSSThere are 441 article(s) tagged FedEx:
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May 2023
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April 2023
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Guest Column: FedEx is a ‘power for good’ for St. Jude and the world
“Having FedEx’s influence in Memphis the past 50 years — from the high-profile items like FedExForum and the Grizzlies to actions that fly under the larger radar like all the FedEx Cares events in Memphis — has been incalculable in making our city as amazing as we all enjoy it to be.”
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FedEx to consolidate its operating companies
Expected to be completed in June 2024, the consolidation will bring FedEx Express, FedEx Ground, FedEx Services and other FedEx operating companies into Federal Express Corp.
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March 2023
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20 years ago, two giant pandas came to Memphis and made an enormous impact
As Ya Ya and Le Le prepare to return home to China in the coming months, Memphis Zoo officials are preparing to make an official bid for a new mating pair of pandas.
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FedEx impacted by market softness but earnings beat expectations
FedEx says continued demand weakness, particularly at FedEx Express, affected its most recent earnings period.
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February 2023
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FedEx delivers Vince Lombardi Trophy ahead of Super Bowl LVII
A FedEx Express courier with 36 years of service delivered the trophy via a FedEx Express delivery van.
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FedEx Freight to enact additional furloughs
In an email with The Daily Memphian on Friday, Feb. 3, a representative of FedEx confirmed the company is enacting these furloughs in addition to the ones announced in November 2022.
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FedEx to lay off 10% of officer and director teams
Following two back-to-back quarters that saw FedEx report earnings well below company expectations, the shipping giant has been enacting sweeping cost-cutting initiatives.
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January 2023
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FedEx volunteers package more than 30,000 meals for MLK Day
In addition to Memphis, meals will be packaged in eight other U.S. cities including Atlanta, Houston and Los Angeles.
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FedEx’s Fred Smith says ‘Devotion’ story ‘just struck a chord with me’
The FedEx founder financed the film, about the first Black aviator to complete the U.S. Navy’s basic flight training program, and is donating the movie’s proceeds to the Marine Corps Scholarship Foundation.
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FedEx Ground to make sweeping cuts to Sunday deliveries
Before cuts beginning last August, FedEx made Sunday deliveries to more than 80% of the U.S. population; the changes bring that number down to more than 50%.
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December 2022
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FedEx plans additional cost cuts
FedEx has identified an additional $1 billion in cost savings beyond its September forecast and now expects to generate savings of $3.7 billion.
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FedEx employee killed at world hub
This marks the second death this year at the FedEx World Hub. An employee was killed in February following an incident operating a forklift.
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November 2022
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Hernando Police Chief Scott Worsham heads to retirement after seven years
After seven years, Scott Worsham is stepping down as Hernando police chief, heading to the corporate world of security, but not forgetting about the DeSoto County seat.
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Despite market softness, FedEx prepares for holiday peak season
The deadline to ensure packages arrive in time for Christmas using FedEx Ground is Dec. 14. The last day to ship for FedEx Express Saver is Dec. 20.
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FedEx Ground unofficial bargaining group officers resign
The group formed just months ago to lobby the logistics giant for changes has disbanded and denounced calls for a work stoppage on the day after Thanksgiving.
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FedEx delivers more than 700 coats for Wells Station Elementary
Tuesday’s drive at Wells Station drew more than 70 FedEx team members across company’s various operating segments.
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FedEx Freight to furlough workers
FedEx says some eligible employees will be offered permanent transfer opportunities to other markets that have hiring needs.
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FedEx begins reducing flight frequencies following poor quarter
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Memphis-based Sylvamo reports strong quarter
Sylvamo’s strong quarter is in contrast to other Memphis-based companies, particularly FedEx and International Paper, both of which reported lower-than-expected earnings in their most recent quarters.
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October 2022
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FedEx donates more than 20,000 meals for people affected by Hurricane Ian
The FedEx Cares “Delivering for Good” initiative collaborates with the American Red Cross. The company uses its vast network to connect those in need with resources through charitable shipping and cash donations.
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FedEx terminates Roxo, the same-day delivery robot
FedEx is stepping back from the research and development program for a same-day bot to prioritize several nearer-term opportunities.
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FedEx volunteers bundle 20,000 care packages for members of armed forces
The supplies will be sent to military training centers in the U.S. and remote locations worldwide.
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Cooper-Young rainbow crosswalk nears completion
Cooper-Young’s rainbow crosswalk will be finished this weekend, making it the state’s first complete commemorative rainbow crosswalk for the LGBTQ community.
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August 2022
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FedEx terminates agreement with large contractor after filing lawsuit against it
FedEx claims the contractor, which operated 225 routes in 10 states and had called for fees to be increased along with other changes, launched a “coordinated and multi-faceted campaign” that was “unfairly and wrongfully disparaging” FedEx Ground.
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FedEx Ground sues one of its largest contractors
FedEx is seeking injunctive relief and monetary damages following what it called a “coordinated and multi-faceted campaign.”
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