E-commerce growth pace expected to quicken because of COVID-19
Experts expect the surge in e-commerce during the coronavirus pandemic to be a permanent fixture going forward.
Experts expect the surge in e-commerce during the coronavirus pandemic to be a permanent fixture going forward.
The Viking Mississippi, a 386-passenger, custom-built vessel, is scheduled to begin cruising the Mississippi River in August 2022.
The Memphis airport has gone from 6,000-plus passengers and 80-90 flights a day to 20 or fewer flights and a few hundred passengers as COVID-19 hammers air travel.
Memphis International Airport expects to receive $24.6 million from the federal CARES Act in April to help offset some of the airport's losses due to the coronavirus pandemic.
Medtronic's U.S. distribution network, which runs through Memphis, is moving ventilators made in Galway, Ireland, to hospitals battling coronavirus.
FedEx Freight says it will offer "voluntary furlough opportunities" to a small percentage of workers to offset declines in volume due to the COVID-19 pandemic.
FedEx, UPS and other cargo carriers are on board with FEMA-led airlift of relief supplies into the U.S. to fight the COVID-19 pandemic.
FedEx Express pilots are operating in some of the most challenging conditions ever as the company navigates the coronavirus pandemic. At least 15 have tested positive for COVID-19.
Some FedEx pilots have been pulled out of China and returned to the United States after tests for coronavirus proved inconclusive.
FedEx chief Frederick W. Smith has taken a voluntary, 91% pay cut as the Memphis-based company reports COVID-19 continues to negatively impact operations, cash flows and liquidity.
FedEx Freight, the less-than-truckload unit of Memphis-based FedEx Corp., is moving its headquarters to Southwind, near the FedEx Express world headquarters.
FedEx said it will implement surcharges on international shipments effective April 6, due to limited cargo capacity, particularly in Asia.
The FedEx Express hub in Memphis has added no-touch thermal imaging and forehead temperature testing for workers, vendors and visitors to its precautions to prevent the spread of coronavirus.
Memphis-area groceries say there’s no shortage of food products, but paper products is another story.
FedEx responded quickly when federal agencies asked for expedited movement of coronavirus test specimens from remote testing sites to labs. The network launched Saturday, March 21.
FedEx chief Frederick W. Smith said Sunday the company doesn't need federal aid at this time, but "it's a good thing to have there ... if things get really bad."
FedEx Express worked over the weekend to set up a priority shipping network to expedite processing of coronavirus test specimens from more than 50 testing sites in 12 states.
A case of coronavirus has been reported for an employee at FedEx corporate headquarters on Shady Grove Road in East Memphis. The office was shut down for cleaning and disinfecting.
Memphis International Airport officials approved leasing more land to FedEx and UPS, noting that cargo activity is expected to continue amid uncertainty of coronavirus.
FedEx chairman Frederick W. Smith discussed operating worldwide during a pandemic in a Fox News interview Wednesday.
FedEx shares rallied Wednesday, a day the after company reported recent positive trends in China and U.S. e-commerce amid a sea of uncertainty over coronavirus.
FedEx, UPS change signature protocols to keep delivery personnel a healthy distance away from customers during coronavirus pandemic.
Analysts aren't sure yet how much impact coronavirus will have on FedEx third quarter earnings, scheduled for reporting Tuesday, but some believe the company should be prepared for long-term fallout.
Mike Lenz will have to develop relationships with analysts and investors who have been comfortable dealing with Alan Graf for a long time.
Friday, March 13, looked like a regular Friday morning at Memphis International Airport, not the spring break traffic jam that had been predicted before coronavirus began spreading in the U.S.