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.
Topic: FedEx
RSSThere are 263 article(s) tagged FedEx:
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November 2020
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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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October 2020
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Roxo the robot cribbing for FedEx’s high-tech future
The third-generation of Roxo the SameDay Bot is “learning a lot” as FedEx prepares to deploy the local delivery robot in future years.
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FedEx announces hub worker shuttle schedule
The shuttles will serve both current employees and job applicants for some of the hub’s 2,000 openings.
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FedEx hiring Saturday for hub positions
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.
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Roxo the FedEx robot passes ‘egg test’
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.
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When will Memphis’ largest companies be back in the office? Not for a while
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.
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September 2020
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FedEx, churches team up on employee shuttles
A faith-based solution for Memphians who don’t have transportation to jobs: FedEx Express partners with churches on shuttle buses during peak season at Memphis world hub.
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FedEx increasing pay, adding shuttles to meet hub demand
Shuttle buses and a pay premium are among FedEx’s plans to adequately staff the FedEx Express world hub in Memphis for upcoming holiday peak season and COVID-19 vaccine distribution.
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FedEx completing ramp expansion in time for peak season
As FedEx prepares for another record holiday peak season and COVID-19 vaccine distribution, more parking space for cargo aircraft is coming online at its Memphis world hub.
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Boats, booze and Fido: Some businesses are winning despite COVID
Some Memphis small businesses are doing well, even growing, during the COVID-19 pandemic: A look at Memphis Boat Center, Hollywood Feed, Phoenix Communications, Kirby Wines & Liquor, Crone Construction.
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FAA adds funding for $300M Memphis airport project
A $31 million Federal Aviation Administration grant announced Thursday for Memphis International Airport’s new de-icing facility brought to $98 million the FAA’s grants announced for MEM in September.
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FedEx sets peak season hiring in Memphis
FedEx said it’s hiring 3,390 people in the Memphis area to meet expected record demand during the holiday peak season.
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FedEx shareholders nix activist proposals
FedEx shareholders shot down activist proposals on corporate governance, political and lobbying spending disclosure and other matters during a virtual annual meeting Monday.
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FedEx gives COVID figures, changes operating principles
FedEx Corp.’s new operating principles acknowledge the need for increasing collaboration among business units FedEx Express, FedEx Ground and FedEx Freight.
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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.
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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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