FedEx wrapping up fleet modernization, buying more planes

By , Daily Memphian Updated: August 25, 2022 2:17 PM CT | Published: August 25, 2022 2:17 PM CT

As of May 31, FedEx Express had $1.3 billion in deposits and progress payments on aircraft purchases, including 46 Boeings it plans to buy by 2025. 


FedEx FedEx Express Mike Lenz
Rob Moore

Rob Moore

Rob Moore is an Arkansas native who moved to Memphis to attend the University of Memphis. He holds a B.A. and an M.A. in English. He covers Public Companies, Transportation and Logistics, and Banking and Finance.


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