FedEx's earnings missed company and analyst expectations Tuesday. The company cited a continuation of economic softness in Europe and Asia that prompted announcement of a cost-cutting plan in December.
The strength of the U.S. economy is in FedEx's favor, but the company is managing through headwinds in Europe and Asia. FedEx reports quarterly earnings Tuesday, March 19.
Explore Bike Share has picked up funding from Memphis-based FedEx, $150,000 over three years; and Memphis, $75,000 a year for four years, from fees on Bird and Lime.
Proponents of an inter-operable pool of intermodal container chassis for the Memphis area aren't giving up on the idea despite a recent rejection by two big players in the market.
FedEx told employees in the wake of a disappointing earnings report Tuesday that the company expects to scrap annual incentive compensation bonuses this year.
FedEx has named Don Colleran as president and chief executive officer of FedEx Express. He'll succeed Raj Subramaniam, who became president and chief operating officer of FedEx Corp. March 1.
ScanSource Inc., a provider of technology solutions including barcode and point-of-sale systems, is adding 50 employees in an expansion of its Southaven, Mississippi distribution center over the next year.
Memphis-based FedEx Corp. chief Frederick W. Smith, appearing on Fox News, said trade tensions are hurting the world economy and he doesn't think U.S. voters will buy big government spending.
FedEx executive Gloria R. Boyland has overseen development of the newly unveiled FedEx SameDay Bot and truck platooning technology. She's one of Black Enterprise's Most Powerful Women in Corporate America.
Under the heading of "food for thought," analysts at one firm have pondered the what-ifs of an unlikely combination of Amazon and FedEx and suggested it would be a winner.
The state of Tennessee reveals $11.2 million in incentives for two major investments by local logistics companies.
FedEx views its newly introduced FedEx SameDay Bot as a potential game-changer that will help grow market share among current shippers and open new avenues for local deliveries.
FedEx on Wednesday announced details of its FedEx SameDay Bot, an autonomous delivery vehicle that is slated to navigate sidewalks of Memphis and other cities this summer in initial testing.
Memphis-based FedEx introduced a driverless package delivery robot called the FedEx SameDay Bot on "The Tonight Show Starring Jimmy Fallon" Tuesday night.
XPO Logistics Inc. said Monday it's guaranteeing jobs at other XPO warehouses for all workers being displaced by the scheduled April 15 closing of a Memphis facility operated for Verizon.
David J. Bronczek has abruptly retired from FedEx Corp.'s No.2 spot, with Raj Subramaniam named to replace him effective March 1.
New FedEx Corp. president and chief operating officer Raj Subramaniam would earn $1.2 million in base salary and bonuses over the next year under a compensation package outlined Wednesday, Feb. 20.
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.
Selection of Raj Subramaniam for the No. 2 job at Memphis-based FedEx Corp. starting March 1 could put him in the driver's seat to eventually become CEO, some analysts believe.
Public incentives flowed Thursday into a project to retrofit the Gibson Guitar Factory and make it FedEx Logistics' global headquarters. A tax freeze and two grants sailed to approval.
Memphis International Airport's Jon K. Thompson World Class Tour offers a behind-the-scenes look at the inner workings of the airport and the FedEx Express hub.
FedEx Express Europe announced Wednesday that it was upgrading FedEx Intra-European Economy parcel shipments in seven countries with plans to go Europe-wide by May 31.
Memphis International Airport posted gains in passengers, flights and available seats on planes in 2018 for the first time since Delta Air Lines dehubbed the airport.
Key sections of Interstate 240 and Park Avenue in East Memphis will be closed for the next three weekends for replacement of the Norfolk Southern railroad bridge over I-240.
Memphis-based FedEx on Tuesday reiterated that Amazon.com is not its biggest customer and said for the first time that Amazon contributed less than 1.3 percent of total revenues in 2018.
FedEx directors eliminated a roadblock to chairman Frederick W. Smith remaining on the board after his 75th birthday this year. Directors also elected David J. Bronczek as their 13th member.
Memphis International Airport won a $3 million grant from the state to help design and develop an aircraft maintenance, repair and overhaul (MRO) facility.
Memphis-based IMC, the country's largest provider of drayage or container hauling, says a five-year-old nonprofit national model to provide intermodal chassis is gaining traction in the Mid-South and beyond.
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.
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