FedEx raises rural delivery fees amid intensifying parcel competition
Analysts say ZIP‑code reclassifications reflect the carrier’s effort to boost margins as UPS, Amazon and others battle for volume.
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Analysts say ZIP‑code reclassifications reflect the carrier’s effort to boost margins as UPS, Amazon and others battle for volume.
Project Search, which trains people with disabilities for jobs through internships with corporations across the U.S. and Europe, partnered with Amazon to place six Memphis students in internships with the shipping giant.
Last week, Amazon announced it was launching Amazon Supply Chain Services and offering freight, distribution, fulfillment and parcel shipping to, as it said, “business of all types and sizes.”
After Amazon announced its expansion of its logistics services, experts said the market might have overreacted. FedEx, UPS, DHL and the other Memphis logistics companies bet on resilience.
FedEx’s stock plummeted Monday, May 4, as Amazon unveiled it was expanding it logistics offerings to “every business.”
Dublin, Ohio-based STG is looking for exponential growth with Amazon locally after this first deal.
The hub will support local package processing and last-mile operations, officials said.
It signs on to carry undisclosed volume of residential delivery, in multi-year contract.
“As part of our regular course of business, we evaluate our vendor partners based on a number of factors and make changes to meet our business needs. As a result of a recent review, we’re changing janitorial vendors,” said Amazon spokesman Sam Stephenson.
Cooper-Young’s rainbow crosswalk will be finished this weekend, making it the state’s first complete commemorative rainbow crosswalk for the LGBTQ community.
Amazon has partnered with Memphis-Shelby County Schools, adopting 20 schools to provide assistance in the largest such partnership ever for MSCS.
From July 2020 to June 2021, 96,000 people reported an Amazon scam to the FTC. Only a small percentage of people report scams, so the actual numbers are much higher.
Encompassing 15 acres near the Benjamin L. Hooks Central Library on Walnut Grove Road, the Maslow Shared Community would include a school, mixed-income housing, health and wellness facilities and workforce development opportunities.
Amazon’s announcement of 14 new, off-site renewable energy projects includes two Arkansas solar farms.
Community leaders are optimistic the current trajectory of one of Memphis’ largest Black neighborhoods is trending upward after years of disinvestment.
Unemployment benefits will soon be dropping in Tennessee. Employers are hoping that will help convince more people to return to work as the economy improves.
Amazon confirms plans to build two more facilities in the Memphis area, one in Frayser/Raleigh and the other in Byhalia, Mississippi.
FedEx said Monday, Dec. 28, it had closed on the acquisition of ShopRunner, a membership-based online shopping platform. A purchase price wasn’t disclosed.
Amazon has quietly started site work atop a hill behind its just-opened fulfillment center at 4055 New Allen Road. The future, 183,000-square-foot facility will be a delivery station that employs about 300.
Amazon is so eager to get the facility built near the southeast corner of I-40 and Appling that the e-commerce giant is – again – not seeking tax breaks or other public incentives that are so common for large-investment, high-employment developments.
The addition continues FedEx’s strategy of serving businesses that compete with e-commerce giant Amazon.
The shuttles will serve both current employees and job applicants for some of the hub’s 2,000 openings.
A developer has filed for a 31-acre planned development just west of Appling Road along I-40, where a 141,000-square-foot Amazon delivery station would be built.
September is Childhood Cancer Awareness Month.
If current trends continue, FedEx expects to have the cash to restore annual incentive compensation bonuses last paid in 2018 as well as funding an hourly incentive plan.