FedEx names first chief customer officer
Brie Carere is a three-time winner of the FedEx Five Star Award, the company’s highest team member honor.
Rob Moore
There are 762 articles by Rob Moore :
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June 2022
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Business Federal lawmakers want to block First Horizon acquisition
Federal lawmakers sent a letter to the Office of the Comptroller of the Currency citing a report from investigative news outlet Capitol Forum that TD Bank wrongly pressured customers into opening accounts and using banking services they didn’t want.
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BusinessTerminix discloses risks associated with merger, golden parachute payments
Almost six months after announcing it would be acquired by British company Rentokil for $6.7 billion, Memphis-based Terminix is disclosing potential risks associated with the deal, as well as possible golden parachute payouts for its top executive officers.
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Transportation & Logistics FedEx adds new members to board, increases dividend by more than 50%
FedEx Corp. stock was up nearly 9% Tuesday after the company made the announcement.
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BusinessA timeline behind the Terminix merger agreement
Recently filed SEC documents reveal that negotiations between Terminix and Rentokil Initial go back at least four years.
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BusinessMemphis Starbucks votes to unionize
Since 2021, hundreds of Starbucks workers nationwide have announced plans to seek union status, a partnership with Starbucks Workers United.
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Ford Megasite Efforts underway to recruit and train workers for BlueOval City
Most of the hires (57%) have come from West Tennessee, including Haywood, Tipton, Madison and Fayette counties. But officials say Shelby County residents will play a big role in the construction project.
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Transportation & Logistics Sluggish global conditions could impact FedEx earnings
A Morgan Stanley report suggests FedEx could be suffering from conditions that “have turned more sluggish globally, no doubt compounded by additional complications from the conflict in Ukraine and COVID-related shutdowns in China.”
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Financial ServicesFirst Horizon shareholders approve Toronto-Dominion Bank merger
The transaction is expected to close early next year.
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Transportation & Logistics Logistics operators report on a volatile trucking market as inflation rises
As manufacturers scrambled to resume operations in 2021 following shutdowns across several industries the year before, truckers were in demand.
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May 2022
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Financial ServicesEverything we know about the First Horizon merger ahead of shareholders’ vote
After multiple mergers and acquisitions, TD Bank became the seventh-largest U.S. bank by deposits and the 11th largest bank in the U.S. by total assets.
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Transportation & Logistics FedEx embraces autonomous trucking
FedEx announced in September 2021 it would enter a pilot program with California-based Aurora Innovation Inc. to test autonomous driving technology.
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Transportation & Logistics AutoZone third-quarter earnings beat analyst predictions
Shares of AutoZone stock were up Tuesday morning following the release, which reported net sales of $3.9 billion for the third-quarter 2022.
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Transportation & Logistics Airport Authority anticipates nearly 27% increase in revenue
“The MSCAA staff has overcome many challenges that resulted from the pandemic,” said the chair of the airport authority’s board.
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Spirit of Memphis FedEx lends a hand with Operation Fly Formula
The flight from the Ramstein Air Base in Germany to Indiana transported the equivalent of 1.5 million 8-ounce bottles of three formulas, all of which are hypoallergenic for children with cow’s milk protein allergy.
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Transportation & Logistics Infant formula shortage takes its toll on Mid-South families
The infant formula shortage has been caused by the closing of an Abbott Labs facility in Sturgis, Michigan, as well as the greater global supply chain crisis.
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Transportation & LogisticsSupply chain crisis causes gridlock at Mid-South auto repair shops
“I had a customer come pick up his ‘21 model Hyundai Palisade to drive it around with no rear bumper because we’ve had it since February,” said one body shop owner. “Nobody can even tell us when the bumper is coming.”
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Financial ServicesFirst Horizon answers lingering questions about Toronto-Dominion Bank merger
In an updated proxy statement, FHN directs employees on answering client questions about the merger, including questions about its continued involvement in the region.
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Downtown Groove On-Demand Downtown ride share service gains popularity
Ridership is booming at Groove On-Demand, which serves about 1,500 passengers a month with shuttle rides throughout Downtown and the Medical District.
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Transportation & Logistics Testing continues for Madison Avenue trolley service
About a dozen MATA workers gathered Tuesday, May 10, to test the transit authority’s Siemens–Duewag U2 car.
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Business Terminix closer to completing merger with Rentokil
Terminix has entered into a definitive agreement to divest its pest management businesses in the U.K and Norway.
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Transportation & Logistics FedEx wants to electrify last-mile delivery; BrightDrop wants to help
FedEx became BrightDrop’s first customer in December 2021 after it received 500 orders of the Zevo 600, which has an estimated range of up to 250 miles on a full charge.
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Transportation & LogisticsFedEx is modernizing its aircraft fleet, making new partnerships
While FedEx has been working on modernization efforts for a couple of years, the COVID pandemic and related shipping demands prolonged the timeline.
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April 2022
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Transportation & Logistics Spirit Airlines launches service at Memphis International
Spirit becomes the ninth airline serving Memphis. It will operate 182-seat Airbus A320 aircraft for its flights.
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Business International Paper reports solid earnings despite continued Russian venture
Despite the solid earnings, the first quarter presented unique challenges for IP including the surge of the omicron variant and geopolitical consequences of continuing operations in Russia.
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