Hyosung Hico announced the multiyear expansion that would double the manufacturer’s capacity to produce a variety of power transformers and add more than 100 net new employees. 

Labor Day weekend travelers are advised to arrive at the airport two hours before their scheduled departure time.

FedEx Corp. filed a notification with the Tennessee Department of Labor and Workforce Development detailing the layoffs at its facilities.

Analysts expect the younger Smith will have no difficulty being elected as the 13th member of what has long been a 12-member FedEx board.

The additional flights will begin on March 6, 2026. 

“Memphis International Airport isn’t just the busiest cargo airport in North America; it’s a critical gateway for passengers and businesses,” said Congressman Steve Cohen in a release. “These federal resources strengthen our economy, support jobs, and ensure Memphis remains connected as a vital hub to the rest of the world.”

The change is a result of “unforeseen regulator and economic uncertainties associated with the specialized health manufacturing industry,” according to documents.

The relationship with FedEx continues to be a game-changer for a Memphis sports department looking to keep up in the new revenue-sharing era.

Related content:

Memphis Tigers sports teams will honor Fred Smith

“Richard possesses extensive FedEx experience and will represent the legacy and values of his father and family on the Board of Directors,” said chairman of the board.

FedEx Corp. announced a former Accenture Technology executive will replace a recently exited FedEx executive. 

FedEx filings detail a cash payment and more for the former executive vice president.

Memphis threw a celebration at FedExForum that was worthy of Fred Smith’s life. Of course, Smith himself might not have liked all the fuss. He would have told us to get back to work.

“He opened doors for generations of entrepreneurs to proudly go through in the Bluff City,” Memphis Mayor Paul Young said. “Fred Smith didn’t just build a company. He built belief.” 

The new Ford Universal EV Platform is designed to make the manufacturing process faster. The company said it requires less space and offers better ergonomics to improve safety and reduce physical strain on workers. 

MATA does not have enough money to operate the trolleys even as it works to ready vehicles for a potential return. 

The Atlanta-based company will oversee security, customer assistance and more. 

“I am confident in our strong foundation, long-term strategy, and talented team as we move forward into this next chapter,” said Raj Subramaniam, FedEx’s president and CEO.

FedEx continues layoffs in pursuit of two initiatives the company started two years ago to streamline operations and maximize efficiency. 

The Atlanta-based airline will temporarily stop the service for four months.

Memphis International Airport expects more than 59,000 travelers to pass through its TSA checkpoint during the July Fourth holiday travel period from July 1-7. 

Memphis International Airport is to be renamed after Frederick W Smith, the late founder and executive chairman of FedEx.

A moment of reflection for FedEx founder Fred Smith opened the company’s annual earnings call Tuesday, June 24.

Airways Boulevard site will be the largest distribution center in Medtronic’s network.

The new chair of the FedEx board was previously the interim president of the University of Memphis, CEO of Saks Inc. and the lead director of the board of Pilot Flying J. 

Jack Sammons spent a portion of Saturday with the FedEx founder: “No matter how routine our regular conversations ... every time I talked to him, I felt like I was talking to Thomas Edison, an individual who changed the world.”

Related content:

‘Most important Memphian of all time’ has died