There are 428 article(s) tagged FedEx:
Eleven-year-old Maci Barrett gave Penny Hardaway a bracelet expressing her support for the coach. Now FedEx is flying Maci and her family to Seattle for the NCAA Tournament.
Lance Moll will serve in his role until Jan. 31 and move into an executive advisor position until July 31.
The company expects the transaction, which will produce two publicly traded companies, will be executed in 18 months. FedEx sees some gains in face of stubborn economy, other headwindsRelated story:
The company affirms the value of its savings programs, more than $6 billion through 2027, but downgrades earnings-per-share for the rest of the year.
One analyst said cargo volumes at Memphis likely will not return to the glory days of past years as FedEx pushes for higher-margin packages.
The cuts this week are likely the result of the company’s massive work to merge its Express, Ground and FedEx Services divisions.
The new sorting technology is expected to end nights at the hub when the bottom falls out due to weather, outages or package spikes.
Up to 400 families received canned goods, electrolyte mixes, games, books, shampoo, deodorant, toothpaste, makeup and other toiletry items Thursday, Nov. 7.
The facility is large enough to sort 56,000 packages an hour.
Shaun Kavanaugh, 46, of Orlando, Florida, pleaded guilty Oct. 22 to mail fraud. He received more than $750,000 from FedEx.
FedEx exec Richard Smith says this is a critical moment for Downtown Memphis — and the Grizzlies, FedExForum and Beale Street may be the key.
Richard Smith was as surprised as anyone when Fred Smith, his father, decided the family would give $50 million to help renovate the stadium. Here’s Smith on crime, Ja Morant, conference realignment and how that gift came to be.
Hellion “Boog” Knight, a mentor to Tyreek Smith, attempted to clear the air about Smith’s situation with the Tigers.
Two of the new-look basketball players discuss Coach Penny Hardaway’s offseason coaching staff changes, the team’s identity and their excitement for the season.
The Memphis City Council’s other-action items Tuesday, Oct. 1, included more money for affordable housing and more cameras.
The little good news was that cost-cutting measures FedEx has achieved helped offset the revenue and expense pressure.
University of Memphis fans who come to the FedEx St. Jude Championship next week will have the chance to meet a few Tigers basketball players.Related story:
The worldwide internet outage foiled operations for banks, media companies and emergency services. Canceled flights left passengers at Memphis International Airport missing vacations, weddings and funerals.
Quarterback Seth Henigan, running back Mario Anderson, linebacker Elijah Herring, defensive back Jordan Grier and offensive lineman Jaylen Nichols attended.
The company is looking at FedEx Freight’s role in the portfolio as it thinks about ways to unlock value for shareholders.
The company returned nearly $4 billion to stockholders as it met its goal to trim $1.8 billion in operating expenses, including $500 million in the Express division.
Memphis-based FedEx will transport the giant pandas from China to Washington by the end of the year via a FedEx Express Boeing 777-Freighter, known as the FedEx Panda Express.
At one point an estimated 50 people were trapped in a FedEx building in Kalamazoo by downed power lines. All escaped, and a company spokesperson said there were no serious injuries despite the severe damage.
Simmons talks about how FedEx’s commitment should go a long way in providing her and the program with the momentum needed in today’s world of college athletics.
A five-year, $25 million NIL commitment from FedEx to the University of Memphis could help make the Tigers more competitive and better position the program for where it wants to go.