The logistics giant FedEx said all shipments destined to Israel currently in transition will be held “safely” in FedEx facilities.

Preliminary data shows the Mississippi River’s level at Memphis likely hit a new all-time low in mid-September. 

Flights from Memphis to Dublin, Rome or Barcelona for less than $600? Ashling Woolley, founder of 901 Flights, says cheap flights out of MEM are available if you know how to find them. 

Shippers are being told to expect up to three-day delays, and rates have doubled for barges leaving from Memphis and St. Louis compared to the three-year average.

In Memphis, members of the United Auto Workers union’s Local 2406 joined the strike with a picket line at AC Delco Distributing on Pleasant Hill Road on Friday, Sept. 22.

The company’s net income was $1.08 billion, compared to the $875 million it reported in 2023. 

The Memphis-based automotive parts retailer reported $17.5 billion in sales for the year, an increase of 7.4% from the previous year. 

FedEx has been battling market softness in the face of rising inflation. 

Hotel industry officials continue lobbying for a full-service convention hotel Downtown with 450-plus rooms. 

The peak day is expected to be Friday, Sept.1, when more than 10,000 people could pass through the checkpoint.

A California-based electric vehicle manufacturer is now producing EVs in Tunica.

The increase will bring Raj Subramaniam’s base salary, first set in 2022 months after he took leadership of the company, from $1.3 million to $1.45 million. 

Yellow has not formally announced its closure, but a representative of Teamsters Local No. 667, which represents 4,000 local workers, said the company going out of business would affect about 550 of its members.

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Yellow shutting down, headed for bankruptcy, reports say

V. James Vena, who only served on FedEx’s board for one year, has resigned. Kimberly A. Jabal will not stand for reelection.

Self-taught chef Kunal Jadhav created one of Memphis Magazine’s top 10 dishes for 2018 and has raised more than $100,000 for animal rescue groups. Now he’s doing a five-course dinner at Cameo. 

The news Monday left some wondering if a strike by FedEx pilots was imminent.

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FedEx pilots reject new contract

FedEx pilots rejected a tentative agreement with the company by a vote of 57% to 43%. 

One of the main reasons FedEx’s fleet has grown despite the company saying it plans to scale back is due to purchase commitments it has made with aircraft manufacturers like Boeing.

The bulk of that went to approve a proposal of more than $44 million for the reconstruction of the west half of the Taxiway Alpha at Memphis International Airport.

“Decisions of this nature are never made lightly and are the result of much thought and consideration for the needs of our business,” FedEx said in a confirmation email to The Daily Memphian.

When the Federal Aviation Administration announced in March it would invest $14.8 million into upgrades at Memphis International Airport, the agency also announced it would grant Millington’s airport $1 million toward the new terminal. 

In addition to his salary, FedEx announced Monday that Dietrich will receive a signing bonus of $200,000, which will be paid in two installments.

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FedEx names new CFO and EVP, announces shifts in its finance team

The Memphis-based company announced Monday, July 17, its hiring of John W. Dietrich to the role, which will be vacated by CFO Michael C. Lenz on July 31.

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New FedEx CFO will earn an annual salary of $919,000

Chamber leadership met with media representatives in the Big Apple to discuss Memphis’ robust economic development pipeline, as well as the area’s workforce diversity.

The airline’s other Memphis destinations are Atlanta, Baltimore, Chicago, Dallas, Denver, Houston, Orlando and Phoenix.