FedEx earnings miss, revenues beat consensus estimate
The package delivery company posted revenue of $22.57 billion in the period, exceeding Wall Street forecasts.
The package delivery company posted revenue of $22.57 billion in the period, exceeding Wall Street forecasts.
The new flight, from MEM to LAS, will begin August 12.
Contractors are making “significant progress” on repairs to the Hernando DeSoto Bridge, the Tennessee Department of Transportation reported in an update Monday, June 21.
Despite being automated, the distribution center will employ 350 people.
In a few weeks, a robot that could change the logistics industry will be transported from Ithaca, N.Y., to Memphis in a U-Haul.
FedEx has announced a new partnership with Nuro, a provider of self-driving vehicles, to enhance its parcel delivery system.
The dividends will be payable July 12 to people on record as stockholders by the close of business June 28.
Instead of the traffic jams varying wildly throughout the hours of each day, this past week’s data showed the same delays for blocks of time.
Each Monday, TDOT posts the average travel times for vehicles driving over the I-55 bridge. And Thursdays are particularly bad.
Memphians know how to detour around the closed Hernando DeSoto Bridge, but electronic signs aren’t as helpful for out-of-town visitors as they could be.
Job offers will be made on the spot, and employment will begin immediately for the applicants selected.
A regional, parcel-delivery service, LaserShip has opened a 42,000-square-foot facility at 1590 Century Center Parkway to start last-mile deliveries in the Memphis region.
A third bridge for vehicular traffic at Memphis isn’t at the top of everyone’s list, coming after broadband for Memphis Mayor Jim Strickland. Related story:
The nation’s transportation secretary heard from freight executives about the effects of the closed I-40 bridge, fielded their suggestions and left to tour the repair work site on Hernando DeSoto Bridge.Related story:
The company is trying to fill a variety of positions at its warehouse in Olive Branch.
Community leaders are optimistic the current trajectory of one of Memphis’ largest Black neighborhoods is trending upward after years of disinvestment.
The closure of the Hernando DeSoto Bridge has re-energized supporters of a plan to add a new bridge across the Mississippi River in the Memphis area for cars and trucks.
After months of being cooped up at home, people are traveling again. That may pose some new challenges in the hospitality industry, though.
U.S. Sen. Bill Hagerty is one of the co-sponsors of legislation that could provide funding to repair the Hernando DeSoto Bridge, build a new bridge across the Mississippi River, or both.
FedEx is particularly interested in hiring experienced forklift drivers and will pay $21.50 per hour.
Travel is picking up at Memphis International Airport, but landing fees charged to airlines and rental rates charged to airport concession businesses are going down.
Acting Federal Highway Administrator Stephanie Pollock was in Memphis Thursday, May 20, to talk with local leaders and officials about repairs to the bridge.
Officials from Tennessee and Arkansas said they are working “around the clock” to repair the Hernando DeSoto Bridge, but it could take “several months easily.”
Officials with the Tennessee Department of Transportation have come up with a plan to repair the Hernando DeSoto Bridge, but there’s no timetable yet for when the bridge might reopen.