Subleases approved at the International Port of Memphis that will create eight to 10 new jobs and tens of millions of dollars in investment, officials said.

FedEx Corp. aims to make FedEx Freight a standalone, public company starting in June.

The hub will support local package processing and last-mile operations, officials said.

The partial closing is due to a new cottonseed oil joint venture between Chicago-based Archer Daniels Midland and Pine Bluff, Arkansas-based Planters Cotton Oil Mill Inc.

FedEx Corp. reported strong second quarter earnings despite air-traffic constraints, the grounding of 25 MD-11 planes, industry weakness and global trade-policy changes.

It’s official: Memphis International Airport will be Frederick W. Smith International Airport. 

Children checked in at Memphis International Airport, received special boarding passes and boarded a plane bound for the North Pole.

Sen. Marsha Blackburn, the Tennessee Republican running for governor, is proposing bipartisan legislation that would give Memphis additional law enforcement resources and funding for technology to combat cargo theft.

“We’re thrilled to offer Memphis-area consumers even more affordable flight options as we continue to grow with new nonstop service to Las Vegas and Phoenix,” a Frontier Airlines vice president said in a release.

The Memphis-based logistics giant said the closure is unrelated to Network 2.0, its long-term cost-cutting initiative that has included closing facilities.

The electric vehicle manufacturer will deliver 53 of its stripped electric chassis, the structural backbone of a vehicle, to FedEx for upfit by year end. 

Travelers starting from Memphis seemed unaffected Friday by the current reduction in flights, but some people flying into Memphis told a different story. 

FedEx released a statement on Thursday, Nov. 6, saying it’s monitoring the FAA’s plans to adjust nationwide flight capacity and is developing the “necessary operational modifications.”

The Memphis-Shelby County Airport Authority board approved $57 million in funding for a portion of the Memphis International Airport’s $700 million renovation. 

International Paper announced it will outsource all information technology operations to the multinational technology firm Infosys.

Crescent Park Corp., an outsourcing packaging partner and fulfillment company, will close Dec. 31.

Most of the 152 employees will be laid off by early December.

Prolonged eye contact, flashy watches, late arrivals and long pauses: The shipping giant returns to humor in new brand campaign.

For several hours between Tuesday, Oct. 7, to Wednesday, Oct. 8, Nashville air traffic was controlled from Memphis. 

The peak days are expected to see about 11,000 passengers per day. 

Mallory Alexander, founded in 1925, is a full-service logistics provider for manufacturers, retailers and other storage and shipment suppliers worldwide.

The new financial leader of the logistics giant’s less-than-truckload division spinoff is a former exec of a Fortune 100 company.

The factory was expected to be part of Ford Motor Co.’s BlueOval City supply chain.

More than 850 participants ranging in age from 4 to 92 are expected for the inaugural Runway 5K at Memphis International Airport.