FedEx suspends operations in Israel
The logistics giant FedEx said all shipments destined to Israel currently in transition will be held “safely” in FedEx facilities.
Rob Moore
There are 762 articles by Rob Moore :
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October 2023
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Transportation & Logistics -
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DowntownWith Young headed to mayor’s office, DMC looks to new CEO search
Paul Young was named the head of the DMC in early 2021, emerging from a pool of 30 applicants. Now, two-and-a-half years later, the DMC will once again be looking for a new leader.
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Business Chamber study: Memphis continues to lead in diverse tech talent
The Greater Memphis Chamber is optimistic Memphis can continue to build its pipeline of tech talent through local educational programs, which will be key in ensuring Shelby County’s role in sending workers to future BlueOval City.
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Real EstateInked: Updates on Racquet Club development; repurposing parts of Hickory Ridge Mall
The application includes the outline plan for Mid-City at the former Racquet Club of Memphis site.
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Ford Megasite How could the ongoing UAW strike affect Mid-South business conditions?
Despite Ford’s commitment to West Tennessee, the largest single-investment in the state’s history, Memphis economist John Gnuschke said an ongoing strike could spell trouble.
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September 2023
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East Memphis MPD responds to bank robbery in East Memphis
Memphis Police Department officers are looking for a suspect following a robbery of a Wells Fargo branch in East Memphis.
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Real EstateInked: Plan for Ashlar Hall gets pushback; Atlanta developer sells South Memphis property
According to the initial application, Juan Montoya hopes to turn the 127-year-old castle-style Ashlar Hall into an event center “of limited scale and character in conformance with the city’s ordinances.”
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Real Estate Sterick Building could include ‘micro-retail,’ co-working space
The developer expects 18 months of architectural work before breaking ground. The renovated building could also include up to 260 multifamily units and hotel space.
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Transportation & Logistics Billions in cost-cutting initiatives helped FedEx improve earnings
The company’s net income was $1.08 billion, compared to the $875 million it reported in 2023.
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Real EstateInked: Tomorrow Building updates, Demolition planned for Union Station
The development team behind Union Station intends to move forward with demolition of the existing building and two garages on the property.
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Business International Paper fully divests Russian interests
The Memphis-based company first announced in January it would sell its remaining interest to its joint venture partners for $484 million.
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Health Care Medtronic may invest more than $133 million to develop a new facility in Memphis
Medtronic is evaluating consolidation of its six U.S. distribution centers into two facilities. One of these two facilities would be located in the Mid-South area.
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Transportation & Logistics Latest FedEx layoffs affect ‘small percentage of IT and finance positions’
FedEx has been battling market softness in the face of rising inflation.
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Midtown Historic Ashlar Hall could reopen as event space
Designed and built by prominent real estate developer Robert Brinkley Snowden in 1898, Ashlar Hall has been in a state of limbo for years.
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Business International Paper planning succession of CEO Mark Sutton
IP announced Wednesday, Sept. 6, a request from its chairman and CEO Mark Sutton to the company’s board of directors to begin looking for his successor.
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Real Estate Dermon Building could become a Holiday Inn Express
The development project would add 150 new hotel rooms Downtown and provide on-site parking at a nearby facility.
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Real EstateInked: Bakery planned for historic church; ex-Commercial Appeal HQ may split
According to a conditional-use permit filed recently with the Board of Adjustment, the owners of the 10,000-square-foot building at 1663 Autumn Ave. want to build 10 apartment units within the building.
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August 2023
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Transportation & Logistics Memphis International expecting 45K+ travelers Labor Day weekend
The peak day is expected to be Friday, Sept.1, when more than 10,000 people could pass through the checkpoint.
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Real EstateInked: New truck parking facility planned; Spaces moving into 107 S. Main
Riggy’s hopes to provide greater truck parking and storage solutions to the logistics industry, including its facility planned for South Memphis at 5178 Citation Drive at East Holmes Road.
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Transportation & Logistics Electric-vehicle manufacturer launches production in Tunica
A California-based electric vehicle manufacturer is now producing EVs in Tunica.
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Real EstateInked: Chickasaw Gardens wants gates; city has plans for drive-in
The Chickasaw Gardens Homeowners Association wants to add gates on two roads leading into the neighborhood, which is located north of Central Avenue near the Memphis Museum of Science and History.
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BusinessMemphis’ Muggin’ and Archd are among small-business winners
Both businesses are in the midst of physical expansions, Muggin’ in Uptown and Archd in Downtown.
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Business Fleming Architects rebrands as FourFront Design, adds partner
FourFront announced on Tuesday, Aug. 22, the addition of a fourth partner, Michael Winter, to its leadership team.
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Real EstateInked: East Memphis company expands; Beale Street Trolley Station reopens
American Residential Services says it will invest $2.75 million to expand its headquarters operations in East Memphis.
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Real Estate 100 N. Main team requests $5M internal demolition loan
The Downtown Memphis Commission recently approved $7 million for the developer to begin the process of removing debris and hazardous materials from the building.
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