Filing reveals annual pay for Fred Smith, new FedEx CEO
An SEC filing reveals how much Raj Subramaniam and FedEx founder Fred Smith will earn in their new roles.
An SEC filing reveals how much Raj Subramaniam and FedEx founder Fred Smith will earn in their new roles.
Brie Carere is a three-time winner of the FedEx Five Star Award, the company’s highest team member honor.
FedEx Corp. stock was up nearly 9% Tuesday after the company made the announcement.
Most of the hires (57%) have come from West Tennessee, including Haywood, Tipton, Madison and Fayette counties. But officials say Shelby County residents will play a big role in the construction project.
A Morgan Stanley report suggests FedEx could be suffering from conditions that “have turned more sluggish globally, no doubt compounded by additional complications from the conflict in Ukraine and COVID-related shutdowns in China.”
As manufacturers scrambled to resume operations in 2021 following shutdowns across several industries the year before, truckers were in demand.
FedEx announced in September 2021 it would enter a pilot program with California-based Aurora Innovation Inc. to test autonomous driving technology.
Shares of AutoZone stock were up Tuesday morning following the release, which reported net sales of $3.9 billion for the third-quarter 2022.
The flight from the Ramstein Air Base in Germany to Indiana transported the equivalent of 1.5 million 8-ounce bottles of three formulas, all of which are hypoallergenic for children with cow’s milk protein allergy.
“I think the public versus private versus publicly-owned private space question is one that should be unpacked,” said Sam Rauch, who has curated exhibits for New York’s LaGuardia Airport.
“The MSCAA staff has overcome many challenges that resulted from the pandemic,” said the chair of the airport authority’s board.
The infant formula shortage has been caused by the closing of an Abbott Labs facility in Sturgis, Michigan, as well as the greater global supply chain crisis.
“I had a customer come pick up his ‘21 model Hyundai Palisade to drive it around with no rear bumper because we’ve had it since February,” said one body shop owner. “Nobody can even tell us when the bumper is coming.”
About a dozen MATA workers gathered Tuesday, May 10, to test the transit authority’s Siemens–Duewag U2 car.
FedEx became BrightDrop’s first customer in December 2021 after it received 500 orders of the Zevo 600, which has an estimated range of up to 250 miles on a full charge.
While FedEx has been working on modernization efforts for a couple of years, the COVID pandemic and related shipping demands prolonged the timeline.
Spirit becomes the ninth airline serving Memphis. It will operate 182-seat Airbus A320 aircraft for its flights.
The intersection just east of the Memphis-Arkansas Bridge was a major choke point last year when the I-40 bridge was closed.
FedEx stock was up nearly 5% Tuesday, March 30, following the announcement on Monday that Raj Subramaniam will succeed Frederick W. Smith as president and CEO.
FedEx announces the next president and CEO following founder Frederick W. Smith’s tenure.
For more than two hours Saturday morning, FedEx Express team members loaded a Boeing 777 cargo aircraft with 76 tons of supplies, including an emergency field hospital and life-saving medicines.
The Memphis-Shelby County Airport Authority passed resolutions Thursday addressing ongoing renovation at Memphis International Airport.
The improved results were partially offset by the effects of the Omicron variant, as well as higher transportation and wage related costs.
Amtrak released its “Connect US 2035” plan last month, rekindling interest among state leaders for a Memphis-to-Nashville connection.
Airport officials expect peak days to include Friday, March 11, and Sunday, March 13.