FedEx delivers COVID-19 vaccine to more than 100 locations
FedEx reported at mid-day Monday, Dec. 14, it had delivered COVID-19 vaccines to more than 100 destinations without incident and ahead of schedule.
FedEx reported at mid-day Monday, Dec. 14, it had delivered COVID-19 vaccines to more than 100 destinations without incident and ahead of schedule.
FedEx and UPS could gain $100 million to $300 million in new revenue from COVID-19 vaccine distribution in the U.S., a Bank of America research report says. Related article: COVID-19 vaccine moves through Memphis hub
The first COVID-19 vaccines for U.S. use arrived at FedEx’s Memphis hub about 11:30 a.m. Sunday. By 4 p.m., vaccine shipments had started moving to final destinations. Related article: FedEx flying high into latest earnings report
“This is among the most important work in the history of our company, and we’re honored to be a part of the effort to help end this pandemic,” FedEx president and chief operating officer Raj Subramaniam said in a release.
FedEx’s Air Line Pilots Association unit said on Tuesday, Dec. 8, that 292 pilots had tested positive for COVID-19. The number has doubled since late October.
FedEx shares closed above $300 for the first time in the company’s history on Tuesday Dec. 8, after falling as low as $88.68 in mid-March.
The Canadian government has agreements with seven vaccine makers including Pfizer and Moderna.
Vice President Mike Pence, CDC director and Health and Human Services Secretary paid a courtesy call on FedEx Dec. 3 to talk COVID-19 vaccine distribution and FedEx’s role in it.
Vice President Mike Pence called Memphis-born FedEx “a remarkable American company” and said it will be crucial to successful execution of a COVID-19 vaccination program.
Amazon has quietly started site work atop a hill behind its just-opened fulfillment center at 4055 New Allen Road. The future, 183,000-square-foot facility will be a delivery station that employs about 300.
New ID card scanners, a computerized tomography baggage scanner and other measures have arrived at Memphis International Airport B Checkpoint as part of TSA’s Stay Healthy, Stay Secure campaign.
The addition continues FedEx’s strategy of serving businesses that compete with e-commerce giant Amazon.
Vice President Mike Pence is visiting Memphis Thursday, Dec. 3, to discuss Operation Warp Speed.
FedEx was expected to handle about 26 million shipments on Cyber Monday, Nov. 30, and more than 24 million shipments a day on Dec. 1, Dec. 7 and Dec. 14.
Delta Air Lines told Memphis International Airport officials it didn’t generate enough business to justify continuing a Memphis-Indianapolis nonstop that began Oct. 1.
The family of a man killed in a Nov. 13, 2019, accident at the FedEx Memphis hub is seeking damages from FedEx and a supplier of a cargo containers.
One in five intermodal shipping containers handled at the Port of Savannah’s expanding Garden City Terminal are headed to or from Memphis, and the volume is growing by double digits.
A Democrat in the White House and divided control of Congress may be good for the city: relaxed trade and immigration policies, more stimulus spending, status quo on taxes.
Dell, Switch and FedEx said Thursday, Nov. 12, they’ll build technology hubs that can support multiple cloud environments with Switch’s edge data centers and Dell’s cloud infrastructure.
FedEx is in daily contact with stakeholders in the COVID-19 vaccine supply chain, from manufacturers and distributors to government agencies to some sites where vaccines will be administered.
Amazon is so eager to get the facility built near the southeast corner of I-40 and Appling that the e-commerce giant is – again – not seeking tax breaks or other public incentives that are so common for large-investment, high-employment developments.
The nonprofit organization so far has sold 270 motor scooters to provide reliable, affordable workforce transportation, but also provides free accessory gear, training, maintenance and insurance.
A new company based in Crosstown Concourse believes it has invented a robot that will solve a stubborn problem for the logistics industry: Unloading boxes from trailers and shipping containers in a speedy way.
FedEx says it overpaid federal taxes by more than $89 million for 2018 and 2019, because of a flawed Internal Revenue Service rule about taxing foreign profits.
The Federal Aviation Administration will continue working with Memphis International Airport and other drone testing sites after end of a three-year Unmanned Aircraft Systems Integration Pilot Program Oct. 25, 2020.