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.

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.

David J. Bronczek has abruptly retired from FedEx Corp.'s No.2 spot, with Raj Subramaniam named to replace him effective March 1.

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.

FedEx said Friday it had opened an offer period for voluntary buyouts to certain employees in its FedEx Express and FedEx Corporate Services units. 

The FedEx specialty services unit led by the company founder's son, Richard W. Smith, has been rebranded as FedEx Logistics. It was formerly FedEx Trade Networks.

Partial demolition of Concourse B got underway Thursday at Memphis International Airport, signaling the start of the most visible part of a project to modernize the airport's oldest concourse.

The Port of Memphis will significantly expand rail service to the public terminal on Presidents Island with a $1.7 million state grant.

Memphis-based FedEx Express and Israel's Flying Cargo Group said Tuesday that FedEx plans to buy Flying Cargo's international express business.

FedEx has settled a lawsuit claiming it illegally shipped cigarettes directly to consumers in New York, according to that state's Attorney General Letitia James.

Runway 901, a bar and grill near gate A23 at Memphis International Airport, has extended its employee discount to Transportation Security Administration workers for the duration of the federal government shutdown.

Maitland, Florida-based Via Airlines will enter the Memphis market in June, offering four nonstops weekly from Memphis to Pittsburgh and Austin, Texas.

FedEx's first job fair of 2019 is scheduled for Saturday, Jan. 12, near the FedEx Express hub at Memphis International Airport. The company says 500 jobs are available.

Southwest Airlines has upped its game on a Memphis to Dallas nonstop route, expanding to three flights a day from one flight a day starting Monday, Jan. 7.