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’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.
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
“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.
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.
National nonprofit, FedEx and Memphis Athletic Ministries partner to distribute the coats across the city of Memphis.
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.
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.
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.
Locally, shares of FedEx Corp. hit an intraday 52-week high of 296.04, closing at 291.68 per share.
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.
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.
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.
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.
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.
By the third week in November, Pfizer expects it will have the final data required to apply to the FDA for emergency-use authorization.
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.
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.
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.
The third-generation of Roxo the SameDay Bot is “learning a lot” as FedEx prepares to deploy the local delivery robot in future years.
The shuttles will serve both current employees and job applicants for some of the hub’s 2,000 openings.
Job fair Saturday at FedEx Express world hub in Memphis is first since FedEx announced it would take on 2,000 more workers to meet demands of holiday peak season.
Rebecca Yeung, vice president for advanced technology and innovation at FedEx, discussed development of Roxo the SameDay Bot during Greater Memphis IT Council Innovation IT conference Thursday, Oct. 8.
Larger employers in Memphis don’t expect to relax work-at-home protocols for office workers until next year, and some experts believe virtual commuting will stick around after COVID-19 is contained.