FedEx primed for growth through 2021
If current trends continue, FedEx expects to have the cash to restore annual incentive compensation bonuses last paid in 2018 as well as funding an hourly incentive plan.
Topic: FedEx
RSSThere are 240 article(s) tagged FedEx:
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September 2020
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D.C. judge dismisses FedEx lawsuit vs. Commerce
A judge in Washington has dismissed FedEx’s lawsuit challenging enforcement of certain export regulations overseen by the U.S. Commerce Department.
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FedEx shareholders seek disclosure on political spending
FedEx and UPS PACs have favored the GOP in campaign donations to federal candidates in recent years, but the gap has narrowed this year.
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FedEx plans for twin peaks, plus vaccine distribution
Memphis-based FedEx Corp. reported strong first quarter results on Tuesday, Sept. 15, and says it is prepared for COVID-19 vaccine distribution and an expected record peak shipping season.
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FedEx gears up for vaccine shipments with new tracking technology
FedEx’s latest package tracking innovation, SenseAware ID, will be available to some premium shippers in health care, aerospace and retail in November.
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FedEx hiring 70,000 to pull off biggest peak yet
FedEx plans to add about 70,000 to its 500,000-employee workforce, with the biggest hiring push coming in October, to cope with what’s certain to be a record peak season.
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August 2020
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Delta’s Memphis-Indy nonstop coming back
Delta Air Lines will offer nonstop service between Memphis and Indianapolis starting Oct. 1.
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Future of food, health converge in Crusonia on Delta
FedEx chief Frederick W. Smith and Indigo Ag CEO and director David Perry will discuss Memphis and innovation during the Food Is Health Forum presented by Crusonia on the Delta.
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FedEx’s Alan Graf and the art of the deal
Even in failure (ZapMail), FedEx shows it's not afraid of innovating and staying aggressive to serve customers and the company, Alan Graf says.
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FedEx’s Alan Graf: Lessons learned from COVID-19
Alan Graf talks COVID-19, e-commerce's rise, postal reform, Amazon and presidential politics as he winds down 41-year career at Memphis-based delivery giant.
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FedEx, partners aid medical response to blast in Lebanon
FedEx provided transportation services for Direct Relief's shipment of $11 million in medicine, medical supplies and personal protective equipment to Lebanon.
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Postal woes vex customers in runup to Nov. 3
Some Memphians say the Post Office is struggling to meet its universal service obligation as COVID-19 pandemic temporarily sidelines postal workers and USPS cuts mail processing capacity.
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FedEx sets pay premium for Memphis hub
FedEx said a premium pay program is coming to the Memphis and Indianapolis hubs as it gears up for peak season.
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FedEx’s holiday plans include new fees
FedEx will charge more for residential deliveries from November into January as it handles holiday shipping volume amid the continuing COVID-19 pandemic.
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FedEx shares rebound amid e-commerce boom, airlift shortage
FedEx shares have shot up over $200 in recent trading after languishing below $150 a share earlier this summer. Supply and demand is driving the growth.
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Shark Week brings Trump appointee to FedEx hub
Remains of lions, tigers and bears and more exotic creatures are part of a U.S. Fish & Wildlife Service trove of items stopped from moving through the FedEx Express Memphis hub.
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Robotics, technology reshaping role of FedEx hub workers
Robotic arms inducting packages into small-package sort at FedEx's Memphis world hub are a sign of things to come as a $1.55 billion hub modernization continues to unfold.
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July 2020
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FedEx pilots chafe at Hong Kong’s forced quarantine
FedEx Express’ pilots union asked the company to suspend operations in Hong Kong because of “unacceptable risks for pilots related to the COVID-19 pandemic.”
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Big warehouse near FedEx home office, TPC Southwind is sold
A South Carolina real estate investment firm just bought the Southwind area's 817,000-square-foot warehouse that had been used for decades by Nike.
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Robotic arms make debut at FedEx hub
Four industrial robotic arms have been installed to load letter envelopes and small boxes onto conveyors at the FedEx Express world hub small package sorting system in Memphis.
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FedEx small biz promo highlights Memphis chocolatier
FedEx is promoting a dozen entrepreneurs, including Memphis' Phillip Ashley Chocolates, as part of its Big Days of Small promotion July 15-16.
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Opinion: What’s in a name? In the case of ‘Redskins,’ an offense to others
Redskins owner Dan Snyder for years ignored pleas to drop the moniker, telling USA Today in 2014 that he would never change it. Apparently Snyder has since watched Sean Connery’s last James Bond movie, “Never Say Never Again.”
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Memphis airport sets virtual insider tour
Memphis International Airport’s periodic behind-the-scenes tour will be offered in virtual format Friday, July 17, in collaboration with CityCURRENT.
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Washington drops Redskins after FedEx threat
Washington Football Inc. says it will drop the controversial name of its NFL team and announce a new name later. FedEx was among companies applying pressure for the change.
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FedEx threatens to pull brand from FedExField
FedEx founder, chairman and CEO Frederick Smith also is looking to sell his ownership stake in the NFL Redskins franchise, The Washington Post reported.
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