Ex-contractor Spencer Patton calls for no-confidence vote in FedEx Ground CEO
Patton is calling for members of his contractor organization to vote on a call for no-confidence in FedEx Ground CEO John Smith. FedEx does not recognize the association.
Rob Moore
There are 729 articles by Rob Moore :
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September 2022
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Transportation & Logistics -
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BusinessChamber advocating support for third Memphis bridge
TDOT said economic benefits related to a third bridge would include lower transportation costs for goods, enhanced productivity and competitiveness for Memphis area businesses and new employment opportunities in the region.
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Transportation & LogisticsPackage deal: How FedEx Ground delivers the goods amid challenges
FedEx Ground has relied on a contractor model since its inception. But what was once a low-cost solution now may be imperiled by the challenges of so-called last-mile delivery.
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Transportation & Logistics FedEx grants help to businesses owned by veterans, people with disabilities
The FedEx Entrepreneur Fund will provide $10,000 grants to 30 small businesses. The deadline to apply is Friday, Oct. 7.
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August 2022
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Transportation & Logistics FedEx terminates agreement with one of its largest contractors after filing a lawsuit against the business
FedEx claims the contractor, which operated 225 routes in 10 states and had called for fees to be increased along with other changes, launched a “coordinated and multi-faceted campaign” that was “unfairly and wrongfully disparaging” FedEx Ground.
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Transportation & Logistics FedEx Ground sues one of its largest contractors
FedEx is seeking injunctive relief and monetary damages following what it called a “coordinated and multi-faceted campaign.”
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Business Repaving to cause ‘major’ lane closures along I-55
All work is weather permitting, and a detour will be posted for all closures.
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Transportation & Logistics FedEx wrapping up fleet modernization, buying more planes
As of May 31, FedEx Express had $1.3 billion in deposits and progress payments on aircraft purchases, including 46 Boeings it plans to buy by 2025.
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Ford Megasite BlueOval City not impacted by Ford layoffs
In a letter to employees sent Monday, Aug. 22, Ford said about 2,000 full-time salaried positions would be eliminated, as well as 1,000 contract workers.
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BusinessMemphis 7 to be reinstated in jobs; Starbucks plans to appeal
“Interest in a union does not exempt partners from following policies that are in place to protect partners, our customers and the communities we serve,” Starbucks said.
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Financial Services First Horizon merger supporters and detractors share their stance
While more than 300 community organizations support the merger, some are pushing for a community agreement between the banks and groups where the institutions have sizable footprints.
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Ford Megasite Ford looking to ‘hire and leverage’ locally for future BlueOval City
Ford has been working with the state, local institutions and community organizations to help create a pipeline of workers for the thousands of jobs that will be needed by 2025.
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Ford MegasiteWhat impact could Ford’s charitable foundation have in the Mid-South?
More than 70 years after founding its charitable arm, Ford Motor Co. has invested more than $2.2 billion in initiatives that provide basic needs and access to essential services, offer tools to build new skillsets and open pathways to employment.
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FedEx St. Jude Championship St. Jude patient honored during FedEx St. Jude Championship
This year marked the 10th anniversary of FedEx’s Purple Eagle program, an annual event in which the Memphis-based company honors a St. Jude patient who is also the child or grandchild of a FedEx team member.
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Transportation & Logistics ‘Corporate agitator’ questions FedEx board appointments
John Chevedden’s more than 1,000 shareholder proposals with different companies has resulted in companies spending millions of dollars in legal fees.
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Transportation & Logistics Meet FedEx’s proposed board of directors
All of FedEx’s board members are up for election or reelection when the company’s shareholders have their annual meeting, scheduled this year for Monday, Sept. 19.
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Transportation & Logistics FedEx adds to board of directors after agreement with activist investor
FedEx also announced Monday it will nominate retired Navy Vice Admiral Nancy A. Norton to its board when the company holds its annual meeting of stockholders in September.
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Transportation & Logistics FedEx Ground says it will not negotiate collectively with contractors
“FedEx Ground will not discuss, negotiate, or renegotiate service provider agreements or financial terms with a committee or any individual purporting to represent a collective body of service provider businesses,” FedEx Ground CEO John Smith said in a letter to contractors.
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Transportation & Logistics FedEx to invest further in artificial intelligence, robotics technology
Per the new agreement, FedEx will purchase up to $200 million in services from a Massachusetts-based technology company, in exchange for warrants for 25 million shares of its stock.
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Financial Services First Horizon, TD CEOs discuss ‘fantastic partnership’ at Positively Memphis luncheon
During Monday’s luncheon, both FHN and TD Bank N.A. CEOs stressed Memphis’ ongoing role in new institution’s operations.
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July 2022
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Business International Paper reports strong second quarter earnings
Increased earnings were driven, in part, by higher prices.
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Ford Megasite Work at BlueOval City on schedule, says design builder
Interior construction isn’t expected to begin until April 2023, with peak construction in the months that follow.
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Transportation & LogisticsMajor contractor for FedEx Ground says network’s in ‘far more peril than anyone realizes’
FedEx Corp. counters that the more than 6,000 service provider businesses in its Ground network earned an average revenue of $2.3 million in 2021.
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Financial Services First Horizon and TD Bank CEOs to make first joint appearance in Memphis
The luncheon, which will be held at 11:30 a.m. at the Holiday Inn at the University of Memphis, will feature a conversation on TD’s acquisition of FHN.
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Transportation & Logistics Airport president and CEO to retire
“Scott’s impact on the success of MEM cannot be understated,” said the chair of the Memphis-Shelby County Airport Authority board.
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