FedEx execs moving up as Alan Graf succession unfolds
Alan Graf's plan to retire later this year as FedEx CFO means promotions for Michael Lenz, Bert Nappier, Karen Reddington and Kawal Preet.
Topic: FedEX
RSSThere are 429 article(s) tagged FedEX:
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June 2020
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FedEx leaders speak out after St. Louis protester death
FedEx Corp.'s top two executives reassured U.S. employees and global leadership Monday, June 1, of the company's commitment to combating racism and other biases and promoting a diverse workforce.
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May 2020
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FedEx offers #SupportSmall business grants
FedEx's new #SupportSmall business grant program is accepting applications through June 12. Winners will receive $5,000 grants and $500 in print and business services.
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Memphis airport traffic starting to rebound
Memphis International Airport passenger traffic fell 95% in April and appeared to start rebounding in May, while cargo activity strengthened during the COVID-19 pandemic.
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Coronavirus live blog, May 15: Health Department anticipates making Phase 2 announcement Monday
Shelby County Health Department Director Alisa Haushalter said there are “no significant barriers” to reopening, but that it would be premature to reopen before the full 14 days.
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Passengers expected to return slowly to Memphis airport
Memphis International Airport will use a coronavirus stimulus grant to offset passenger losses, while depending on FedEx and other cargo carriers to shoulder the bulk of airfield operating costs.
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FedEx sees no impact from announced protest by workers
FedEx said an announced national job action against several companies in the e-commerce and shipping businesses had "no impact" on operations Friday.
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April 2020
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FedEx, BigCommerce looking to help small companies grow online business
FedEx announced a new alliance with BigCommerce, a rival of Shopify, to help small and medium-sized businesses sell goods online.
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Former FedEx exec Margaritis leads startup’s foray into CBD oil production
A former FedEx senior vice president has designs on tapping a growing market for cannabidiol (CBD) oil. A new Rossville production facility's output will be initially used in Easyriders-branded products.
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Airport explores downsizing to single concourse during pandemic
FedEx's landing fees will help Memphis International Airport balance its budget amid discussion of putting all passenger airlines in a single concourse until traffic rebounds from COVID-19.
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Aid package throws lifeline to Memphis airport, but COVID-19 dashes chances of record year
The Memphis airport has gone from 6,000-plus passengers and 80-90 flights a day to 20 or fewer flights and a few hundred passengers as COVID-19 hammers air travel.
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FedEx details participation in FEMA-led airlift of COVID-19 relief
FedEx, UPS and other cargo carriers are on board with FEMA-led airlift of relief supplies into the U.S. to fight the COVID-19 pandemic.
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Report: Amazon suspends plan to compete directly with FedEx, UPS
Amazon will suspend Amazon Shipping in June to focus on delivering its own packages. It had been testing a delivery service competing directly with FedEx and UPS in certain markets.
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Some FedEx pilots pulled from China after ‘inconclusive’ COVID-19 tests
Some FedEx pilots have been pulled out of China and returned to the United States after tests for coronavirus proved inconclusive.
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Fred Smith taking big pay cut as COVID-19 squeezes business
FedEx chief Frederick W. Smith has taken a voluntary, 91% pay cut as the Memphis-based company reports COVID-19 continues to negatively impact operations, cash flows and liquidity.
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March 2020
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FedEx adds temperature screening to COVID-19 precautions at Memphis world hub
The FedEx Express hub in Memphis has added no-touch thermal imaging and forehead temperature testing for workers, vendors and visitors to its precautions to prevent the spread of coronavirus.
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Inside look at FedEx’s special operation to speed COVID-19 testing
FedEx responded quickly when federal agencies asked for expedited movement of coronavirus test specimens from remote testing sites to labs. The network launched Saturday, March 21.
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FedEx Express works with U.S., retailers to expedite COVID-19 test results across 12 states
FedEx Express worked over the weekend to set up a priority shipping network to expedite processing of coronavirus test specimens from more than 50 testing sites in 12 states.
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FedEx not interested in federal aid at the moment, chief says
FedEx chief Frederick W. Smith said Sunday the company doesn't need federal aid at this time, but "it's a good thing to have there ... if things get really bad."
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Updated: Worker at FedEx corporate HQ tests positive for coronavirus
A case of coronavirus has been reported for an employee at FedEx corporate headquarters on Shady Grove Road in East Memphis. The office was shut down for cleaning and disinfecting.
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‘Like military base on high alert,’ FedEx hub aids COVID-19 fight
Business as usual at FedEx world hub in Memphis means moving coronavirus test materials, protective gear and coveted commodities.
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Airport adds to FedEx, UPS leases, ponders virus impact
Memphis International Airport officials approved leasing more land to FedEx and UPS, noting that cargo activity is expected to continue amid uncertainty of coronavirus.
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FedEx chief dishes on coronavirus in Fox News interview
FedEx chairman Frederick W. Smith discussed operating worldwide during a pandemic in a Fox News interview Wednesday.
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FedEx making strides on big picture despite short-term pain
FedEx shares rallied Wednesday, a day the after company reported recent positive trends in China and U.S. e-commerce amid a sea of uncertainty over coronavirus.
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Updated: Huge shipment of donated COVID-19 test kits, masks moves through Memphis
Chinese billionaire Jack Ma's donation of coronavirus test kits and masks to the U.S. was handled at Memphis International Airport, with a little help from FedEx.
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