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.
Rob Moore is an Arkansas native who moved to Memphis to attend the University of Memphis. He holds a B.A. and an M.A. in English. He covers Public Companies, Transportation and Logistics, and Banking and Finance.
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“The MSCAA staff has overcome many challenges that resulted from the pandemic,” said the chair of the airport authority’s board.
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.
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.
“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.”
In an updated proxy statement, FHN directs employees on answering client questions about the merger, including questions about its continued involvement in the region.
Ridership is booming at Groove On-Demand, which serves about 1,500 passengers a month with shuttle rides throughout Downtown and the Medical District.
About a dozen MATA workers gathered Tuesday, May 10, to test the transit authority’s Siemens–Duewag U2 car.
Terminix has entered into a definitive agreement to divest its pest management businesses in the U.K and Norway.
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.
While FedEx has been working on modernization efforts for a couple of years, the COVID pandemic and related shipping demands prolonged the timeline.
Spirit becomes the ninth airline serving Memphis. It will operate 182-seat Airbus A320 aircraft for its flights.
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.
In a proxy statement filed with the U.S. Securities and Exchange Commission, FHN has disclosed detailed information on its merger with Toronto-Dominion Bank.
The Memphis-based company’s board of directors unanimously adopted a limited-duration shareholder rights plan, known as a “poison pill.”
This year’s show is the first since the start of the pandemic and the first since Ford announced its $5.6 billion manufacturing campus in West Tennessee.
Ford, UT reveal agreement to restore stream waters flowing through Lone Oaks Farm, located about 70 miles from Memphis.
FHN president and CEO Bryan Jordan said in a statement released Tuesday that higher long-term rates and global uncertainty impacted operations. Jordan also said FHN is “well positioned” to benefit from rising short-term rates.
Ford Motor Co. plans to bring a 10,000-square-foot display that will include updates on its project at the Megasite of West Tennessee, future Blue Oval City, as well an outdoor EV track.
While Memphis-based Fogelman Properties doesn’t have real estate interest in Haywood County, president Mark Fogelman said his experience in regions like Chattanooga following Volkswagen’s investment could be used to gauge what could happen in West Tennessee.
A note from a packaging and forest products analyst dated Wednesday, March 13, mentions the “logistical, legal and financial challenges” IP faces by suspending or exiting operations with Ilim.
The bill would require the Megasite Authority of West Tennessee to submit a report detailing the name and location of each business or third-party entity contracted to perform construction work at the site.
The decision to consolidate more than 600 of its workers into a single Downtown workspace has been years in the making and not without its setbacks. The move took more than $50 million and three years to execute.
“It’s hard for me to believe that anyone has done more for Memphis than Fred Smith,” Bo Allen, First Horizon regional president for West Tennessee, Arkansas and North Mississippi, said.
FedEx stock was up nearly 5% Tuesday, March 30, following the announcement on Monday that Raj Subramaniam will succeed Frederick W. Smith as president and CEO.
Ford plans to reach carbon neutrality by 2050, and its operations in West Tennessee are at the frontier of that goal, according to its latest sustainability report.