On the road to consolidation, FedEx’s aircraft fleet grows
One of the main reasons FedEx’s fleet has grown despite the company saying it plans to scale back is due to purchase commitments it has made with aircraft manufacturers like Boeing.
There are 18 article(s) tagged Richard W. Smith:
One of the main reasons FedEx’s fleet has grown despite the company saying it plans to scale back is due to purchase commitments it has made with aircraft manufacturers like Boeing.
At its most recent meeting of shareholders and analysts, the Memphis-based company announced it is no longer interested in keeping its networks separate. Instead, FedEx wants to benefit from their overlap.
The flight from the Ramstein Air Base in Germany to Indiana transported the equivalent of 1.5 million 8-ounce bottles of three formulas, all of which are hypoallergenic for children with cow’s milk protein allergy.
The decision to consolidate more than 600 of its workers into a single Downtown workspace has been years in the making and not without its setbacks. The move took more than $50 million and three years to execute.
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.
FedEx's top leaders didn't get bonuses for the first time in 11 years as company earnings and income lagged behind targets in fiscal 2020.
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.
FedEx and Plus One collaborated with Yaskawa America on new package-handling robotic arms that made their debut earlier this year at FedEx Express world hub in Memphis.
FedEx Express has been reorganized from six regions globally to three, and Richard W. Smith is overseeing a newly formed Americas region: the U.S., Canada, Latin America and the Caribbean.
Richard W. Smith talks about his role at the Greater Memphis Chamber, the Memphis economy and job market, and his various roles at FedEx Express with Bill Dries, reporter for The Daily Memphian, and host Eric Barnes.
The Greater Memphis Chamber chose the Nike executive to succeed Richard W. Smith as board chairman during the annual Chairman’s Luncheon at The Peabody on Thursday.
Richard W. Smith, the outgoing chamber board chairman and FedEx Express vice president, defended the use of tax incentives for economic development gains during an extended "Behind The Headlines" interview.
FedEx Express regional president Richard W. Smith talked about Wing drones, Roxo the SameDay Bot and automation plans for the Memphis hub during an interview with The Daily Memphian.
Richard W. Smith, son of FedEx founder Frederick W. Smith, is slated to be promoted Sept. 1 to the No. 2 spot in the company’s largest operating unit, FedEx Express.
FedEx Logistics' top executives will move to Peabody Place Office Tower in May, giving the Memphis-based company its first significant office presence Downtown.
FedEx's series of high-level management changes are fueling speculation about the reasons and perhaps worrying investors and employees, but have the potential to bring fresh eyes to the organization.
Richard W. Smith, president and CEO of FedEx Logistics, discussed the company's organization and rebranding and riffed on topics ranging from Amazon to drones in a Memphis speech Tuesday.
The FedEx specialty services unit led by the company founder's son, Richard W. Smith, has been rebranded as FedEx Logistics. It was formerly FedEx Trade Networks.
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