Memphis-based nexAir to be sold to Linde
The company announced Tuesday, Oct. 11, it has agreed to be acquired by Linde Gas & Equipment, a division of Linde PLC.
Rob Moore
There are 762 articles by Rob Moore :
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October 2022
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Transportation & Logistics FedEx terminates Roxo, the same-day delivery robot
FedEx is stepping back from the research and development program for a same-day bot to prioritize several nearer-term opportunities.
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Business Terminix acquired by Rentokil
Rentokil will begin trading on the New York Stock Exchange under the ticker symbol “RTO.”
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Business Kroger to buy Albertsons
Kroger has 121 stores and 18,373 associates in Tennessee, according to Tennessee Grocers and Convenience Store Association president Rob Ikard.
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Transportation & Logistics FedEx Academy casts vision of future careers in logistics for MSCS students
FedEx Logistics hosted about 30 MSCS students for the FedEx Logistics Academy at its global headquarters at the former Gibson Guitar factory Downtown.
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Premium
Transportation & LogisticsWill FedEx’s record rate hikes be able to compete with UPS?
FedEx will raise its shipping rates across most of its segments by as much as 6.9%, the company’s single-largest rate hike in its near 50-year history.
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Transportation & Logistics FedEx donates more than 20,000 meals for people affected by Hurricane Ian
The FedEx Cares “Delivering for Good” initiative collaborates with the American Red Cross. The company uses its vast network to connect those in need with resources through charitable shipping and cash donations.
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Ford Megasite BlueOval City panel: The electric revolution has already begun
Representatives of Ford Motor Co. held a panel in Jackson, Tennessee, to answer questions about BlueOval City, Ford’s planned $5.6 billion EV manufacturing facility in West Tennessee.
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Metro TDOT begins lane closures for I-55 and Crump Blvd.
Once complete, all I-55 north and southbound traffic will shift into the I-55 southbound lanes until fall 2023. There will be one lane in each direction.
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Transportation & Logistics ‘FedEx effect is a global phenomenon’
For the first time ever, FedEx has generated its own economic impact study, which looks at the company’s revenue, labor and GDP.
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Business International Paper earnings impacted by ‘challenging macro environment’
The Memphis-based company reported lower earnings for its third quarter, as consumers’ buying habits drove a decrease in demand for packaging.
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Transportation & Logistics Southern Airways dedicates aircraft to Phil Trenary
Dozens of friends and family members gathered Friday at Southern Airways Memphis hanger to honor Trenary, who was an aviation industry executive and played a key role in guiding Southern Airways through its early days.
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Transportation & Logistics Airport master plan update includes hotel development
The most immediate updates to the master plan, which was last updated in 2018, include demolishing Concourses A and C to create more parking as well as sweeping updates to the terminal.
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November 2022
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City of MemphisEverything we know about the road work at the I-55 and Crump interchange
Until Valentine’s Day 2025, motorists may want to take I-40.
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Business Ford announces $1M grant program for West Tennessee
The grants, ranging between $25,000 and $100,000, will be available to local nonprofits and municipalities for capital improvements such as new playgrounds or renovated facilities.
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Transportation & Logistics DHL seeks tax incentive with unnamed partner
DHL would not name the third-party client it would partner with but said the customer is not based in Memphis or Shelby County.
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Transportation & Logistics FedEx begins reducing flight frequencies following poor quarter
FedEx will focus first on parking its older planes, an action that will also defer costly maintenance events, company executives anticipate.
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Business Memphis-based Sylvamo reports strong quarter
Sylvamo’s strong quarter is in contrast to other Memphis-based companies, particularly FedEx and International Paper, both of which reported lower-than-expected earnings in their most recent quarters.
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Transportation & Logistics FedEx Freight to furlough workers
FedEx says some eligible employees will be offered permanent transfer opportunities to other markets that have hiring needs.
Related story:
FedEx begins reducing flight frequencies following poor quarter
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North Memphis FedEx delivers more than 700 coats for Wells Station Elementary
Tuesday’s drive at Wells Station drew more than 70 FedEx team members across company’s various operating segments.
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Transportation & Logistics Ford offers $5,000 business grants for West Tennessee entrepreneurs
Applicants with the most promising and innovative ideas will be selected to participate in a two-month-long virtual program starting in January.
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Transportation & Logistics Memphis International Airport anticipates 80,000 travelers during Thanksgiving holiday period
The expected peak day is Sunday, Nov. 27, with 8,700 travelers expected to pass through the security checkpoint. Other expected peaks include Friday, Nov. 18, and Sunday, Nov. 20.
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Transportation & Logistics FedEx Ground unofficial bargaining group officers resign
The group formed just months ago to lobby the logistics giant for changes has disbanded and denounced calls for a work stoppage on the day after Thanksgiving.
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Transportation & Logistics Despite market softness, FedEx prepares for holiday peak season
The deadline to ensure packages arrive in time for Christmas using FedEx Ground is Dec. 14. The last day to ship for FedEx Express Saver is Dec. 20.
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Premium
Transportation & LogisticsIs UPS managing costs better than FedEx?
After Memphis-based FedEx shocked investors and said global trends had weakened profit and revenue, the company’s primary competitor still managed to beat financial analysts’ expectations. But how?
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