First FedEx deliveries of Moderna vaccine coming Monday
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.
Topic: FedEx
RSSThere are 428 article(s) tagged FedEx:
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December 2020
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FedEx navigates COVID, peak volumes
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.
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COVID-19 vaccine moves through FedEx Memphis hub
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
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E-commerce, international rebound fuel ‘strong’ FedEx growth
Memphis-based FedEx Corp. reported strong second quarter earnings on Thursday, Dec. 17, but withheld guidance for the full year.
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Memphis airport rolls out COVID-19 testing program
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.
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Shipathon coming down to the wire for FedEx
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.
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FedEx delivers COVID-19 vaccine to more than 100 locations
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.
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FedEx flying high into latest earnings report
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
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FedEx expects vaccine shipments to start Sunday
“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.
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Pilots union wants expedited vaccine for flight crews
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.
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FedEx stock price breaks $300 ceiling
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.
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Operation Warm: 300 students outfitted with new coats
National nonprofit, FedEx and Memphis Athletic Ministries partner to distribute the coats across the city of Memphis.
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FedEx: Putting the speed in Operation Warp Speed
Vice President Mike Pence, CDC director and Health and Human Services Secretary paid a courtesy call on FedEx Dec. 3 to talk COVID-19 vaccine distribution and FedEx’s role in it.
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Pence praises Tennessee, FedEx for COVID response
Vice President Mike Pence called Memphis-born FedEx “a remarkable American company” and said it will be crucial to successful execution of a COVID-19 vaccination program.
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November 2020
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FedEx kicks into high gear as peak season arrives
FedEx was expected to handle about 26 million shipments on Cyber Monday, Nov. 30, and more than 24 million shipments a day on Dec. 1, Dec. 7 and Dec. 14.
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Dow closes above 30,000
Locally, shares of FedEx Corp. hit an intraday 52-week high of 296.04, closing at 291.68 per share.
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Family seeks $3 million in FedEx hub death
The family of a man killed in a Nov. 13, 2019, accident at the FedEx Memphis hub is seeking damages from FedEx and a supplier of a cargo containers.
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Regime change could benefit Memphis economy
A Democrat in the White House and divided control of Congress may be good for the city: relaxed trade and immigration policies, more stimulus spending, status quo on taxes.
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FedEx, Dell, Switch launch new IT collaboration
Dell, Switch and FedEx said Thursday, Nov. 12, they’ll build technology hubs that can support multiple cloud environments with Switch’s edge data centers and Dell’s cloud infrastructure.
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FedEx ‘incredibly confident’ in vaccine delivery plan
FedEx is in daily contact with stakeholders in the COVID-19 vaccine supply chain, from manufacturers and distributors to government agencies to some sites where vaccines will be administered.
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FedEx ramps up for COVID-19 vaccine distribution
FedEx is hiring, buying freezers and working with pharmaceutical companies to plan a massive distribution effort for the coronavirus vaccine, in which Memphis is expected to play a crucial role.
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Pfizer announces 90% effective COVID vaccine; FedEx set to deliver
By the third week in November, Pfizer expects it will have the final data required to apply to the FDA for emergency-use authorization.
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Contractors busy, but scrambling to stay that way
A sampling of businesses in the Memphis construction sector shows revenues down because of COVID-19 and businesses concerned about lining up projects for next year and beyond.
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FedEx claims IRS misstep, seeks $89 million refund
FedEx says it overpaid federal taxes by more than $89 million for 2018 and 2019, because of a flawed Internal Revenue Service rule about taxing foreign profits.
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FAA extends drone test at Memphis airport, FedEx hub
The Federal Aviation Administration will continue working with Memphis International Airport and other drone testing sites after end of a three-year Unmanned Aircraft Systems Integration Pilot Program Oct. 25, 2020.
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