Business
Meet AutoZone’s proposed board of directors
If shareholders approve the nominees, the AutoZone board will include three women, or 30%, and three people of color, also 30%.
Rob Moore
There are 762 articles by Rob Moore :
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November 2022
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Business
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December 2022
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Business FedEx employee killed at world hub
This marks the second death this year at the FedEx World Hub. An employee was killed in February following an incident operating a forklift.
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Business AutoZone reports strong quarter as it plans exit from ‘pandemic mode’
The company opened 28 new stores in the U.S., three stores in Mexico and four stores in Brazil during the quarter.
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Transportation & Logistics New service from FedEx designed to streamline high-volume returns
The new service from FedEx will expand on the Memphis-based company’s recent efforts to streamline return shipping.
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Ford Megasite Ford announces local partnership to spur electric transportation
This will be Ford’s ninth mobility innovation challenge since 2018.
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Business AutoZone shareholders vote to approve board of directors, executive compensation
The AutoZone board now includes three women, or 30% of the board, and three people of color, also 30%.
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Real Estate Sylvamo opens global headquarters in East Memphis
The move to the Primacy I office building at 6077 Primacy Parkway — less than two miles from the IP towers — allows the paper company to house around 350 of its employees, who began returning to the office in October.
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Transportation & LogisticsWill FedEx report another weak quarter?
Tuesday’s earnings call is expected to focus on how effective the company’s sweeping cost-cutting initiatives announced in September have been so far.
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Transportation & Logistics Memphis International says holiday traffic may exceed pre-pandemic levels
Airport officials are providing tips as they expect a 2.7% increase in traffic compared to the same travel period in 2019, before the pandemic, as well as a 17.2% increase from the same travel period in 2021.
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Transportation & Logistics FedEx announces additional $1 billion in cost cuts following weak quarter
FedEx has identified an additional $1 billion in cost savings beyond its September forecast and now expects to generate savings of $3.7 billion.
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Business FedEx pilots say company is dragging its feet at the bargaining table
The Air Line Pilots Association released a statement accusing FedEx of not doing its due diligence to reach a deal.
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Transportation & Logistics Airport gets a chance to test de-icing equipment
Inclement weather around the country has disrupted flights and altered schedules. Holiday travelers are urged to arrive early and brace for long lines and crowded parking lots at MEM.
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January 2023
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Ford MegasiteFord’s BlueOval City got on the road in 2022
Ford began the first phases of construction at BlueOval City during the past year, and the automaker has continued to expand its presence in West Tennessee.
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Financial ServicesWhat Memphis-based public companies predict for 2023
Memphis-based public companies FedEx, International Paper, Sylvamo and AutoZone have cautious outlooks for 2023.
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Financial ServicesHow the Memphis-based public companies spent 2022
Mergers and acquisitions, leadership transitions, uncertain economic conditions, global tensions — local publicly traded companies faced numerous challenges in 2022.
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Business Yuletide Office Solutions merges with Nashville company
Yuletide said some of its employees will continue operating from the company’s office at 1245 Sycamore View, while some employees are expected to move to the A-Z Nashville corporate team.
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Transportation & Logistics Shipping with FedEx is now more expensive than ever
FedEx Express, FedEx Ground and FedEx Home Delivery shipping rates are now at the highest ever.
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Financial Services Chase bank set to enter Memphis market
Chase, which reported assets of $3.31 trillion in 2022, plans to open at least six branches in the Memphis area and employ eight to 10 people at each location.
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Transportation & Logistics FedEx Ground to make sweeping cuts to Sunday deliveries
Before cuts beginning last August, FedEx made Sunday deliveries to more than 80% of the U.S. population; the changes bring that number down to more than 50%.
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Financial Services First Horizon acquisition expected to close by April
According to the CEO of Toronto-Dominion Bank, the deal has been delayed due to U.S. regulatory oversight as well as the drafting of a community benefits agreement.
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Business Departing US flights grounded after FAA computer outage, Memphis affected
The White House said that there is no evidence of a cyberattack, but President Joe Biden directed the Department of Transportation to investigate the cause of the disruption.
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Transportation & Logistics FedEx’s Fred Smith says ‘Devotion’ story ‘just struck a chord with me’
The FedEx founder financed the film, about the first Black aviator to complete the U.S. Navy’s basic flight training program, and is donating the movie’s proceeds to the Marine Corps Scholarship Foundation.
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Transportation & Logistics FedEx volunteers package more than 30,000 meals for MLK Day
In addition to Memphis, meals will be packaged in eight other U.S. cities including Atlanta, Houston and Los Angeles.
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Transportation & Logistics Expanded bus service connects Memphis to 14 cities
Megabus is broadening its service options, linking Memphis to the Midwest.
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BusinessInternational Paper to invest $103 million in Iowa plant
IP’s in-house goals include a target to reduce enterprise greenhouse gas emissions by 35% by 2030.
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