FedEx reports strong second-quarter earnings
FedEx posted revenue of $23.47 billion in the period, topping Wall Street forecasts of $22.53 billion.
Topic: FedEx
RSSThere are 441 article(s) tagged FedEx:
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December 2021
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State senator says FedEx should give Tennessee a break on delivery contract
“(Dozens of) other states don’t have to do a single thing for FedEx, and yet we’re doing almost $150 million worth of tax breaks,” state Sen. Todd Gardenhire said Tuesday.
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October 2021
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Logistics robots steal show at conference sponsored by FedEx
About 25 logistics robots showed up in the Autonomous Mobile Robots & Logistics Conference at the Renasant Convention Center on Tuesday, Oct. 12.
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The robots are coming! To Memphis!
Robots and businesses — especially logistics companies like FedEx — will converge in Memphis Oct. 12-14 at the Autonomous Mobile Robots & Logistics Conference.
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August 2021
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Photo Gallery: FedEx ships aid to earthquake-ravaged Haiti
Freelancer Ziggy Mack shot these photos of FedEx loading planes with aid to alleviate the suffering on Thursday, Aug. 26, 2021.
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FedEx dedicates plane to St. Jude patient
The program, in its ninth year, names a plane after a patient who is also a child of a FedEx employee. This year’s honoree is 17-year-old Kenzie.
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July 2021
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Labor shortage creates a ‘great time to be an employee’
Employers are giving hiring bonuses, creating retention incentives, making work schedules more flexible, raising pay, providing transportation to workers and providing other incentives to fill positions during this tight labor market.
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Calkins: At the height of his career, Mike Glenn stepped away from FedEx to care for his daughter. It’s a story of sacrifice and love.
When Mike Glenn retired from FedEx at the height of his career in 2016, the news release said it was to “transition his focus full time to his family.” This is the story behind that decision, one that is hard and beautiful all at once.
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June 2021
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FedEx testing self-driving delivery vehicles
FedEx has announced a new partnership with Nuro, a provider of self-driving vehicles, to enhance its parcel delivery system.
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FedEx increases dividend payments
The dividends will be payable July 12 to people on record as stockholders by the close of business June 28.
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Buttigieg hears of disruptions caused by broken bridge
The nation’s transportation secretary heard from freight executives about the effects of the closed I-40 bridge, fielded their suggestions and left to tour the repair work site on Hernando DeSoto Bridge.
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Parcel carrier LaserShip comes to Memphis, opens Cordova facility
A regional, parcel-delivery service, LaserShip has opened a 42,000-square-foot facility at 1590 Century Center Parkway to start last-mile deliveries in the Memphis region.
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May 2021
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Collierville Schools wins $2 million grant to fly
Collierville Schools received a $2 million grant that will allow them to fly with community partners, training in mechanics, flying and drone operation.
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Opinion: We live in the Great State of Mediocrity
Tennessee ranked 29th in U.S. News & World Report’s Best States ranking for 2021. ‘Here’s the scientific explanation, and I’ll try to be brief: Our state legislature is mean-spirited, small-minded, short-sighted. And cheap.’
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I-40 bridge closure forces more trucks onto streets
More big trucks are rolling through Memphis streets, seeking alternate routes due to I-40 bridge shutdown.
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FedEx, Wright Medical seek waiver for tax-incentive obligations
Companies receiving tax incentives from the EDGE Board are supposed to meet their commitments for the number of employees coming to the workplace. But because so many employees worked from home during the pandemic last year, some companies are seeking a waiver.
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April 2021
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Opinion: What’s in a name? Put it to the Snuff test and find out
Few companies understand what cub copywriters know: the public will shorten anything that’s too long for their use.
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Shooting indefinitely closes FedEx facility, causes service disruptions
A shooting at FedEx Ground’s Indianapolis facility that left eight people dead and several others injured is likely to cause delivery service disruptions.
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FedEx Express offering incentives to attract, keep employees
FedEx Express is offering new incentives to attract and retain employees. The effort is driven partly by a tight market for labor, but also by the company’s desire to see more entry-level employees follow a career track at the company.
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March 2021
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FedEx announces new initiatives to attract, retain workers
FedEx Express, one of FedEx Corp.’s operating divisions, has announced three new programs to attract and retain employees, including a pay raise for some hub positions to $20 an hour.
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Rising fuel prices drive up airline, shipping costs
Increases aren’t just a pain in the neck for motorists. They present challenges for transportation, shipping and logistics businesses in and around Memphis.
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FedEx Express expands its operations
Growth in e-commerce has prompted FedEx Express to expand its services and operations.
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E-commerce powers FedEx through weather slowdowns
FedEx reported strong financial performance last quarter, despite last month’s bad weather.
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FedEx founder asks Congress for help on environmental sustainability
Frederick Smith said more can be done by the federal government to make it easier for businesses to save fuel and protect the environment.
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Stepped-up vaccine distribution? FedEx is ready
A top FedEx executive says the company will be ready to handle the extra load as COVID-19 vaccine distribution ramps up this spring and summer.
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