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.
The route starts this summer.
FedEx’s stock plummeted Monday, May 4, as Amazon unveiled it was expanding it logistics offerings to “every business.”
“All you have to do is come to the gas station. And the reality at the gas station is the same reality that the airlines are having to deal with.”
Financially troubled Spirit Airlines is going out of business, effective immediately. What does that mean for Memphis International Airport?
The airline said it was pausing the route because of “routine network planning” and did not say how much money it would save by pausing the route during the summer.
FedEx recently announced Network 2.0, a model meant to streamline package delivery across networks in the United States.
Airport officials said the new system should streamline baggage-handling.
GXO Logistics is streamlining its local footprint, leasing an Olive Branch warehouse after Elon Musk’s xAI purchased two of its previous local facilities.
John Dietrich is stepping down as FedEx’s CFO, beginning June 1.
FedEx and more than 5,000 of its pilots reached a tentative agreement after years of debating pay levels and other benefits.
FedEx Freight leadership made their pitch to investors in New York, highlighting their push into new markets, sales team nationwide, new website and technology.
Together, the companies are laying off more than 450 workers in North Mississippi.
Nine votes separated FedEx from a $20 million tax break, despite a mostly united front from Memphis lawmakers.
The approval comes days after a crash at LaGuardia Airport in which an Air Canada plane taxiing down the runway struck a fire truck, killing the two pilots on board.
No matter who sits on the board, airport staff still must run Memphis International Airport safely and efficiently, says the MSCAA board chair and the airport’s CEO.
Local control of Tennessee’s airports would be grounded if a bill that would give airport-board appointment power to a handful of state lawmakers glides through both chambers.
Kelsey Huse is no stranger to transit and biking issues in cities, but in less than three years, she’s already helped others elevate those issues in Memphis.
AI, technological advancements and other improvements are expected to fuel revenue growth for the company this year.
FedEx’s decision to sue the federal government for tariff refunds in an attempt to recoup hundreds of millions of dollars is no surprise, some former employees and experts said.
While the Trump administration is aggressively trying to get illegal immigrants driving big trucks off the road, local trucking officials say recruitment and other national issues play a bigger role in Memphis.
The electronics manufacturing company’s purchase of the Byhalia warehouse may spark new industrial development in the metro Memphis area.
FedEx has sued the U.S. government because it has paid tariffs under the conditions of the International Emergency Economic Powers Act.
Increases in pickup fees for taxis and rideshare companies like Uber and Lyft begin April 1.
The logistics provider has been cutting its Memphis operations since 2024.
The new flight will join the airline’s 10 other nonstop routes from Memphis.
Though currently pivoting away from electric vehicles, Ford has lost more than $16 billion on its EV business since 2022.
FedEx’s CEO said the agreement will allow the company to better serve customers in Europe.
Dublin, Ohio-based STG is looking for exponential growth with Amazon locally after this first deal.