FedEx delays $300 million in Memphis hub spending
A worker at the FedEx Ground Hub in Olive Branch re-tapes a package before it moves through a scanning tunnel at the FedEx Ground Hub. (Jim Weber/Daily Memphian file)
COVID-19 and a desire to improve cash flow have prompted FedEx to slow the pace of a $1.55 billion Memphis hub transformation.
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FedEx Corp. FedEx Express FedEx Memphis world hub Memphis International Airport FedEx capex reduction COVID-19 Subscriber OnlyThank you for being a subscriber to The Daily Memphian. Your support is critical.
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Wayne Risher
Business news reporter, 43-year veteran of print journalism, 35-year resident of Memphis, University of Georgia alumnus and proud father and spouse of University of Memphis graduates.
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