Transportation & Logistics
FedEx exec will get multimillion-dollar cash payout
FedEx filings detail a cash payment and more for the former executive vice president.
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FedEx filings detail a cash payment and more for the former executive vice president.
The combined 363-room hotel will carry the Hyatt Centric flag.
“He opened doors for generations of entrepreneurs to proudly go through in the Bluff City,” Memphis Mayor Paul Young said. “Fred Smith didn’t just build a company. He built belief.”
“We are still open, and we’re still selling beer,” Memphis Made’s Andy Ashby told The Daily Memphian.
The $5.6 billion BlueOval City is where Ford is manufacturing its new electric pickups and BlueOval SK batteries for the truck.
Celtic Crossing will close until early fall to construct a new patio. Bora Bora Smoothie Cafe and Uncle Red’s Turkey Legs just opened. Board to Beers is soon to follow.
“We want to reactivate the space in the near future,” said one of the restaurant’s owners.
The mushroom queen returns with a selection of guest chefs at her Artist Table. Plus, Horn Lake gets a Chipotle.
The Dame, located at 69 Pontotoc Ave., is part of the restoration of the century-old Downtown hotel. And across town, a Sonic Drive-In is being razed.
Having faced numerous financial challenges throughout the past several years, Methodist Le Bonheur Healthcare has signed on an Ohio-based company in a “pivotal moment in health care operations.”
Ford’s electric vehicle truck and battery plant anticipates pumping several million gallons of water daily from the aquifer during peak operations.
The Greater Memphis Chamber announced a multimillion-dollar investment by Silver Hills Bakery, marking the Canadian company’s first U.S. manufacturing location.
The Atlanta-based company will oversee security, customer assistance and more.
“If we can use ‘home’ as a verb, I think that’s what we do. We home people; we get people home,” Annestasis owner Stacey Saed said.
“I am confident in our strong foundation, long-term strategy, and talented team as we move forward into this next chapter,” said Raj Subramaniam, FedEx’s president and CEO.
Also, Wiseacre Brewing Co. will introduce sandwich restaurant Panuzzo King, and a beverage shop, coffee by day and craft cocktails at night, will open late fall on South Main.
FedEx continues layoffs in pursuit of two initiatives the company started two years ago to streamline operations and maximize efficiency.
“We hear a lot about restaurants closing here in Memphis, and they just leave, but this is one that we should say, ‘Thank you for all the things you have done for us. After 40 years, this family deserves all the flowers.”
The Atlanta-based airline will temporarily stop the service for four months.
Kwizera came from New York to Memphis more than 15 years ago.
A new hangout spot is coming to Midtown Memphis that brings a twist to the traditional game night.
Two local eateries will temporarily close their doors, but a worldwide bakery franchise is now open for business.
Memphis International Airport is to be renamed after Frederick W Smith, the late founder and executive chairman of FedEx.
A moment of reflection for FedEx founder Fred Smith opened the company’s annual earnings call Tuesday, June 24.
The Digital Delta initiative is a framework for globally recognizing Memphis as a hub for high-tech manufacturing, artificial intelligence and advanced industries.