There are 290 article(s) tagged FedEx:
With available, clean drinking water an increasingly precious commodity, Memphis’ supply is perhaps the city’s most important asset. We did nothing to earn it. But it’s on us to preserve and manage it.
The company is setting aside $2 billion “of initial investment” in vehicle electrification, sustainable energy, and carbon sequestration.
With the approval of a new COVID-19 vaccine, FedEx is preparing to increase the number of doses it delivers on behalf of the federal government each week.
If FedEx wins the case, it could lead to changes in the way multinational companies are charged on income earned overseas.
FedEx is working to deal with a backlog of packages as a result of last week’s winter weather.
Faced with the monumental challenge of trying to vaccinate hundreds of thousands of people against COVID-19, city and county officials haven’t been shy about consulting with business executives for tips on how to improve their operating efficiency.
Weather-related disruptions have led FedEx, which is instrumental in the nationwide distribution of COVID-19 vaccines, to rely more heavily on its regional hubs as Memphis International Airport copes with a shutdown.
Another winter storm, with the potential of several more inches of snow and ice, prompts a state of emergency, disrupts vaccinations and hampers delivery. Storms stymie FedEx, airport operations Weather closes all vaccination centers through Saturday Suburban schools closed Wednesday due to road conditions New round of snowfall moving in Tuesday evening; Strickland declares weather emergencyRelated stories:
FedEx Express has had to temporarily suspend service to many cities in eight states in the South and Midwest, and its other businesses also are suspending services.
Henry J. Maier, the president and CEO of FedEx Ground who has worked for the company more than 35 years, is retiring.
FedEx said Monday, Dec. 28, it had closed on the acquisition of ShopRunner, a membership-based online shopping platform. A purchase price wasn’t disclosed.
FedEx Express workers describe how first shipment of Moderna COVID-19 vaccines moved through the Memphis world hub and beyond on Sunday, Dec. 20.
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.
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.
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
Memphis-based FedEx Corp. reported strong second quarter earnings on Thursday, Dec. 17, but withheld guidance for the full year.
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.
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.