FedEx top attorney will retire this year
Allen joined FedEx in 1982 and served in a variety of leadership roles before taking on his current responsibilities in 2017.
Topic: FedEx Corp.
RSSThere are 133 article(s) tagged FedEx Corp.:
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July 2024
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June 2024
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TOSHA issues no citations, fine, in death of 86-year-old at FedEx hub
Verna Mae Jackson was hit and pinned by a 2,500-pound dolly Nov. 29, 2023, and pronounced dead at Regional One. Co-workers told investigators she sometimes walked between dollies, which is against company policy.
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April 2024
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FedEx will lose about $2B in business when postal contract expires
Last fall, a FedEx official told supervisory-level pilots that he expected losing the postal contract would eliminate half the company’s daytime flying hours. That means FedEx could have 200 to 300 excess pilots by October.
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Buckley: The Tigers’ path to football success shining bright these days
“With newfound bucks from FedEx Corp., Tigers football coach Ryan Silverfield says, ‘The bar should be set as high as it can be.’ It beats flailing along with a shoestring NIL budget in a stadium needing modernization.”
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CIO who made bits, bytes as big as the box, retiring in June
Rob Carter’s contributions at FedEx are a large portfolio of innovation for a company that would be a fraction of itself without web interface, cloud-based computing and automated sorting.
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March 2024
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FedEx pilots irked Q3 report included stock repurchase and not layoffs
FedEx is not commenting on the size of the layoffs, but necessity did not make the week any easier, CEO and president Raj Subramaniam said in a memo to staff shortly before the earnings release Thursday.
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February 2024
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FedEx cancels naming rights to Washington Commanders field
In 1999, FedEx paid $205 million for the naming rights. The contract — $7.5 million a year — was to expire in 2026.
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CBU opens packaging lab, showcases power of thinking inside the box
By the end of the year, CBU is hoping to have a certified thermal testing lab. In 2023, there were only 11 in the world.
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FedEx names new head of investor relations
Jenifer Hollander comes from New York-based Teneo’s Strategy & Communications Advisory.
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December 2023
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In tough Q2 environment, FedEx Express buffeted by winds
FedEx missed Wall Street’s expectations on markers across the board, including earnings per share and operating margin. The street expected an EPS of $4.19 and a margin of 6.6%. FedEx delivered $3.99 and 6.4%.
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November 2023
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American Airlines offers FedEx pilots $250,000 signing bonus
A FedEx leader says offer may be worth it for pilots tired of reduced hours or schedule uncertainty.
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July 2023
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One member of FedEx board of directors resigns, another won’t run again
V. James Vena, who only served on FedEx’s board for one year, has resigned. Kimberly A. Jabal will not stand for reelection.
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April 2023
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FedEx closing pilot bases in Alaska, California and Germany
FedEx said it decided to relocate its pilots and close its Cologne, Germany, 757 crew base and its MD-11 crew bases in Anchorage, Alaska, and Los Angeles as the “global business environment continues to evolve.”
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FedEx at 50: Memphis man followed his father into FedEx cockpit
After being hired by FedEx as a pilot, Anthony Glenn flew with his father on a FedEx crew. One day, he might be able to do the same with his daughter.
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FedEx at 50: She runs cargo by night, her own dream by day
This fall, Keishuna Williams will receive her master’s degree in business administration, a fitting footnote for a woman who, as a high school senior, was accepted into 52 colleges. She had millions in financial aid offers but, without a full ride, had little chance of going to college.
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FedEx at 50: The courier without a route of his own
Jacob Tucker knows 15 local FedEx routes by memory and can do another 15 with some digital assistance. He might even know your name.
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FedEx celebrates 50th anniversary with a day of service
Monday’s drive marked the beginning of a new era of giving for the logistics giant, after reaching its 50 million goal early in February.
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FedEx at 50: She supports medium-volume shippers from home
Katrina Carrigan’s job is smoothing the path for people across the country who ship up to 499 packages a day.
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FedEx at 50: ‘FedEx makes every part of Memphis better’
FedExForum, national golf tournaments, pandas, the area’s growing medical device industry, its IT sector — leaders say they couldn’t have happened without FedEx.
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FedEx at 50: Local power of FedEx rests with wealth of jobs, opportunity
An estimated $1.6 billion in annual payroll from FedEx underwrites much of the local economy.
Related story:
FedEx at 50: FedEx hired Annie Leibovitz to capture grit of startups, including Fred, 50 years later
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FedEx pilots to open strike authorization vote
Before a strike can take place, the National Mediation Board must first decide that additional mediation efforts would not be productive and offer the parties an opportunity to arbitrate the contract dispute.
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FedEx at 50: When help comes via a Boeing 777 cargo plane
Instead of limiting its giving to monetary donations, FedEx relied heavily on in-kind shipping to reach its goal of helping 50 million people by the date of its 50th anniversary.
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FedEx at 50: At U of M, FedEx finds a good ‘FIT’
At the FedEx Institute of Technology, they’re ensuring Memphis isn’t a data science or artificial intelligence desert.
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FedEx at 50: Why Memphis? An answer through the fog
Fred Smith has given several reasons for moving his young company to Memphis: the city’s central location, help from the Memphis International Airport and the area’s operational weather.
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FedEx at 50: As FedEx hits milestone, new executive team has new challenges
The executive leadership team at FedEx — guided by CEO Raj Subramaniam — will have to demonstrate to its stockholders that it is the right team to lead the company out of turbulent waters and into the future.
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