FedEx stock was up more than 10% following an earnings release last week, with numbers high enough that the company increased its forecast for the full fiscal year.

FedEx says continued demand weakness, particularly at FedEx Express, affected its most recent earnings period. 

Federal government data shows train derailments have been fairly common in Shelby County over the past five years.

Avelo will be the only airline offering nonstop service to Raleigh-Durham International Airport, which serves Raleigh, Durham and the surrounding Research Triangle region of North Carolina. 

 The peak day for this season is expected to be Friday, March 10, with more than 9,000 people projected to pass through the checkpoint.

Memphis International will receive $14.8 million from the FAA, which it will use in its efforts to modernize its ticketing and baggage areas. 

AutoZone reported second-quarter net sales of $3.7 billion, a more than 9% increase from the same period a year ago.

The FAA announced Monday, Feb. 27, $967 million in funding for almost 100 airports in the U.S., including Memphis International. 

Upgrades to the Interstate 55 interchange at Crump Boulevard Downtown will be a multi-year project that will include road and bridge closures and the construction of a new roundabout. 

FedEx and the Air Line Pilots Association have been in contract negotiations since May 2021. 

Since the first earthquake on Monday, Feb. 6, FedEx has assisted multiple nonprofit and government organizations that are responding directly to the crisis by utilizing its global trade networks. 

The cohort was selected among students from eight HBCUs, which are regionally located within a short distance of a FedEx operating or distribution facility.

The job gives David Taylor an opportunity to help make Olive Branch Airport the kind of airport his dad envisioned.

With growth potential on the horizon, the Olive Branch Airport is providing not only an alternative to big airports, but a teaching facility for instructors.

Related story: 

Olive Branch Airport manager steps into father’s footsteps

This Commission Scorecard covers calls at the Feb. 6 meeting for police reform in the wake of the death of Tyre Nichols and the political clash with protesters and activists who pushed for more than resolutions.

Amtrak has proposed a new service that would connect Atlanta to Chattanooga and Nashville, but the Tennessee Department of Transportation could push for a Memphis-Nashville line.

The company chose Memphis for its first U.S. facility.

A FedEx Express courier with 36 years of service delivered the trophy via a FedEx Express delivery van. 

FedEx confirmed during the company’s December 2022 earnings release that it will try to cut costs by more than $3 billion throughout the fiscal year. 

General Motors’ Memphis Parts Distribution Center, which was opened in 1999, ships 331,700 orders per month and employs 259 people.

In an email with The Daily Memphian on Friday, Feb. 3, a representative of FedEx confirmed the company is enacting these furloughs in addition to the ones announced in November 2022.

The 10 small businesses chosen by FedEx will win $30,000 and $1,000 in FedEx Office print credit. 

“As a logistics company, you have to have a footprint in Memphis.”

Megabus is broadening its service options, linking Memphis to the Midwest. 

In addition to Memphis, meals will be packaged in eight other U.S. cities including Atlanta, Houston and Los Angeles.