Cobblestone landing bids under review by city
The City of Memphis is evaluating bids ranging from $9.4 million to $10.1 million for restoration of and other improvements to the historic Memphis cobblestone landing.
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Business news reporter, 43-year veteran of print journalism, 35-year resident of Memphis, University of Georgia alumnus and proud father and spouse of University of Memphis graduates.
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The City of Memphis is evaluating bids ranging from $9.4 million to $10.1 million for restoration of and other improvements to the historic Memphis cobblestone landing.
University of Memphis officials say they’re mulling over the future of Sparks Bureau of Business and Economic Research to see if it can continue serving business, government and community organizations.
Protect Our Aquifer and other environmental groups have asked the U.S. Army Corps of Engineers not to fast-track approval for the Byhalia Connection crude oil pipeline.
FedEx said Monday, Dec. 28, it had closed on the acquisition of ShopRunner, a membership-based online shopping platform. A purchase price wasn’t disclosed.
Wolf River Conservancy is almost halfway home in a decades-long quest to build 26-mile Wolf River Greenway spanning Memphis. Next up: completing connection to Shelby Farms Greenline by next summer.
FedEx Express workers describe how first shipment of Moderna COVID-19 vaccines moved through the Memphis world hub and beyond on Sunday, Dec. 20.
Mueller Industries, a Collierville-based industrial manufacturing holding company, has an agreement to buy a flexible duct business.
The first truckload of Moderna’s COVID-19 vaccine destined for U.S. administration sites rolled into the FedEx Express world hub in Memphis about 9:45 a.m. Sunday, Dec. 20.
Peak preparation expenses cost more and took longer to get set due to more restrictions and safety considerations surrounding COVID-19, FedEx Ground’s president and CEO said.
The first COVID-19 vaccines for U.S. use arrived at FedEx’s Memphis hub about 11:30 a.m. Sunday. By 4 p.m., vaccine shipments had started moving to final destinations. Related article: FedEx flying high into latest earnings report
FedEx said Saturday, Dec. 19, it’s ready to start moving the Moderna vaccine for COVID-19.
Memphis-based FedEx Corp. reported strong second quarter earnings on Thursday, Dec. 17, but withheld guidance for the full year.
Memphis International Airport employees are being tested for COVID-19 each day they work at the airport, as part of an assurance testing program that the airport hopes to expand.
Memphis airport officials said Chick-fil-A, Dunkin’ Donuts and Chili’s are among restaurants planned in future phases of concession development, after traffic rebounds toward pre-COVID levels.
FedEx’s Cordova station is seeing more gift items shipped by small, local businesses this peak season, suggesting many have successfully pivoted to the online marketplace amid COVID-19.
AutoZone directors have increased the company’s share repurchase authorization by $1.5 billion, pushing the total since 1998 to $24.65 billion.
FedEx has taken delivery of first of at least 30 purpose-built turboprop air freighters to serve feeder markets around the world. ATR-72 600Fs will be delivered over five years.
FedEx reported at mid-day Monday, Dec. 14, it had delivered COVID-19 vaccines to more than 100 destinations without incident and ahead of schedule.
FedEx and UPS could gain $100 million to $300 million in new revenue from COVID-19 vaccine distribution in the U.S., a Bank of America research report says. Related article: COVID-19 vaccine moves through Memphis hub
International Paper envisions proposed spinoff printing papers company would remain U.S.-based, but impact of transaction on Memphis headquarters isn’t clear yet.
“This is among the most important work in the history of our company, and we’re honored to be a part of the effort to help end this pandemic,” FedEx president and chief operating officer Raj Subramaniam said in a release.
FedEx’s Air Line Pilots Association unit said on Tuesday, Dec. 8, that 292 pilots had tested positive for COVID-19. The number has doubled since late October.
Some Memphians regard Mud Island’s walkable Mississippi River model and museum as sacred, while others say nothing should be off the table as city leaders look to the future.
City of Memphis and Memphis River Parks Partnership officials hold virtual groundbreaking on Cutbank Bluff, the first phase of a $60 million overhaul of Tom Lee Park.
FedEx shares closed above $300 for the first time in the company’s history on Tuesday Dec. 8, after falling as low as $88.68 in mid-March.