FedEx announces plan for expansion by acquisition in Israel
Memphis-based FedEx Express and Israel's Flying Cargo Group said Tuesday that FedEx plans to buy Flying Cargo's international express business.
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Memphis-based FedEx Express and Israel's Flying Cargo Group said Tuesday that FedEx plans to buy Flying Cargo's international express business.
FedEx has settled a lawsuit claiming it illegally shipped cigarettes directly to consumers in New York, according to that state's Attorney General Letitia James.
FedEx's first job fair of 2019 is scheduled for Saturday, Jan. 12, near the FedEx Express hub at Memphis International Airport. The company says 500 jobs are available.
Drone testing by Memphis International Airport and technology partners could pave way for commercial uses like food, package deliveries. Memphis offers highly restricted airspace as proving ground.
FedEx may be trimming jobs with its newly announced voluntary buyout program, but if history is a guide, it doesn't mean the Memphis-based company is done growing. In fact, its workforce has kept pace with rising global shipping demand, despite notable personnel cuts in 2004, 2009 and 2014.