Transportation & Logistics
FedEx to be carbon-neutral by 2040
The company is setting aside $2 billion “of initial investment” in vehicle electrification, sustainable energy, and carbon sequestration.
Business reporter
Blake Fontenay’s 27-year journalism career has taken him to many newspapers in four states. However, he had never returned to work in any of the other cities where he had been before until the opportunity to report for the Daily Memphian presented itself. He covers business for the Daily Memphian.
There are 100 articles by Blake Fontenay :
The company is setting aside $2 billion “of initial investment” in vehicle electrification, sustainable energy, and carbon sequestration.
ServiceMaster Brands will be relocating its corporate headquarters to Atlanta. Terminix, the larger of the two companies created in a spinoff last year, has no plans to move its corporate headquarters out of Downtown Memphis.
One of the hearings scheduled for next month will be on the issue of whether an oil pipeline company has a right under state law to use eminent domain proceedings to gain access to property it needs to build the pipeline.
Shelby County Mayor Lee Harris believes he may have found a way to stop the Byhalia Connection oil pipeline. Or at least give the community a tool for better regulating projects like it in the future.
Memphis consistently ranks among the worst metro areas in the nation for pedestrian safety, according to Smart Growth America, a nonprofit organization that focuses on livability issues.
View Inc., a company that manufactures “smart” windows in Olive Branch, went public this week to fund its aggressive expansion plans.
Early data shows Memphis airport surpassed Hong Kong International Airport in the handling of cargo in 2020.
A top FedEx executive says the company will be ready to handle the extra load as COVID-19 vaccine distribution ramps up this spring and summer.
Thanks to funding from the COVID-19 relief bill, Amtrak is restoring daily service for 12 of its long distance routes. One of these is the City of New Orleans route, which travels between New Orleans and Chicago with stops in Memphis.
Frederick Smith said more can be done by the federal government to make it easier for businesses to save fuel and protect the environment.
With the economy recovering, local hotels and restaurants are hiring again. But are there enough potential employees to keep up with the increase in demand?
Peabody Place will soon be getting a new tenant. But not in the space that ServiceMaster Brands recently announced plans to vacate.
The United States and some European countries are exploring the concept of “vaccine passports,” which would allow passengers to travel more easily if they have been vaccinated against COVID-19. However, those types of passports face a variety of logistical and ethical issues.
FedEx reported strong financial performance last quarter, despite last month’s bad weather.
A judge has decided she wants to hear from attorneys representing a community group that opposes a controversial oil pipeline project proposed for South Memphis.
Growth in e-commerce has prompted FedEx Express to expand its services and operations.
Increases aren’t just a pain in the neck for motorists. They present challenges for transportation, shipping and logistics businesses in and around Memphis.
FedEx Express, one of FedEx Corp.’s operating divisions, has announced three new programs to attract and retain employees, including a pay raise for some hub positions to $20 an hour.
AutoZone celebrates 30 years as a publicly traded company this week. If you had the foresight to buy the company’s stock in those early days, you’re probably rich now.
President Joe Biden’s proposed infrastructure plan could result in more passenger trains serving Memphis, but many obstacles would have to be overcome before that might happen.
FedEx Express is offering new incentives to attract and retain employees. The effort is driven partly by a tight market for labor, but also by the company’s desire to see more entry-level employees follow a career track at the company.
The fight over the controversial Byhalia Connection oil pipeline has moved into a new arena: The federal court system.
At a glance, boxes don’t seem that complicated. But when your business involves shipping lots of them around the world, it makes sense to understand the science behind what makes a good box. That’s why FedEx Corp. has its own packaging lab.
The relocation of the ServiceMaster Brands headquarters to Atlanta will result in some significant job losses for Memphis.
It might be too late to stop the Byhalia Connection oil pipeline, but Shelby County Mayor Lee Harris is still proposing a setback requirement for any other oil pipelines that might be built in the future.