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Transportation/Logistics

  • Real Estate
  • Financial Services
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  • Transportation & Logistics

    Nearly $25 million from CARES Act headed to Memphis International

    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.

    By Wayne Risher April 15, 2020
  • Transportation & Logistics

    Ventilators among life-saving gear moving through Memphis area

    Medtronic's U.S. distribution network, which runs through Memphis, is moving ventilators made in Galway, Ireland, to hospitals battling coronavirus.

    By Wayne Risher April 14, 2020
  • Transportation & Logistics

    FedEx Freight temporarily trimming workers due to weak volumes

    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.

    By Wayne Risher April 13, 2020
  • Transportation & Logistics

    FedEx details participation in FEMA-led airlift of COVID-19 relief

    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.

    By Wayne Risher April 08, 2020
  • Transportation & Logistics

    FedEx pilot union chief says flight crews standing tall in crisis

    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.

    By Wayne Risher April 07, 2020
  • Transportation & Logistics

    Some FedEx pilots pulled from China after ‘inconclusive’ COVID-19 tests

    Some FedEx pilots have been pulled out of China and returned to the United States after tests for coronavirus proved inconclusive.

    By Wayne Risher April 06, 2020
  • Premium Transportation & Logistics

    Fred Smith taking big pay cut as COVID-19 squeezes business

    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.

    By Wayne Risher April 03, 2020
  • Premium Transportation & Logistics

    FedEx Freight HQ relocating to Southwind area

    FedEx Freight, the less-than-truckload unit of Memphis-based FedEx Corp., is moving its headquarters to Southwind, near the FedEx Express world headquarters.

    By Wayne Risher April 02, 2020
  • Transportation & Logistics

    FedEx tacks on COVID-19 surcharges to international shipments

    FedEx said it will implement surcharges on international shipments effective April 6, due to limited cargo capacity, particularly in Asia.

    By Wayne Risher March 31, 2020
  • Transportation & Logistics

    FedEx adds temperature screening to COVID-19 precautions at Memphis world hub

    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.

    By Wayne Risher March 27, 2020
  • Special Report Transportation & Logistics

    No shortage of food, but grocers limited by rationing of paper products, bread

    Memphis-area groceries say there’s no shortage of food products, but paper products is another story.

    By Wayne Risher March 27, 2020
  • Transportation & Logistics

    Inside look at FedEx’s special operation to speed COVID-19 testing

    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.

    By Wayne Risher March 27, 2020
  • Transportation & Logistics

    FedEx not interested in federal aid at the moment, chief says

    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."

    By Wayne Risher March 24, 2020
  • Transportation & Logistics

    FedEx Express works with U.S., retailers to expedite COVID-19 test results across 12 states

    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.

     

    By Wayne Risher March 24, 2020
  • Transportation & Logistics

    Updated: Worker at FedEx corporate HQ tests positive for coronavirus

    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.

    By Wayne Risher March 20, 2020
  • Transportation & Logistics

    Airport adds to FedEx, UPS leases, ponders virus impact

    Memphis International Airport officials approved leasing more land to FedEx and UPS, noting that cargo activity is expected to continue amid uncertainty of coronavirus.

    By Wayne Risher March 19, 2020
  • Transportation & Logistics

    FedEx chief dishes on coronavirus in Fox News interview

    FedEx chairman Frederick W. Smith discussed operating worldwide during a pandemic in a Fox News interview Wednesday.

    By Wayne Risher March 19, 2020
  • Transportation & Logistics

    FedEx making strides on big picture despite short-term pain

    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.

    By Wayne Risher March 19, 2020
  • Transportation & Logistics

    Couriers keeping distance from customers during coronavirus outbreak

    FedEx, UPS change signature protocols to keep delivery personnel a healthy distance away from customers during coronavirus pandemic.

    By Wayne Risher March 18, 2020
  • Transportation & Logistics

    Pandemic’s toll could come into focus in FedEx earnings

    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.

    By Wayne Risher March 16, 2020
  • Transportation & Logistics

    ‘Strategic thinker’ Alan Graf bowing out of FedEx inner circle

    Mike Lenz will have to develop relationships with analysts and investors who have been comfortable dealing with Alan Graf for a long time. 

    By Wayne Risher March 16, 2020
  • Transportation & Logistics

    Beaches, ski slopes, cruises beckon wary spring break travelers

    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.

    By Wayne Risher March 13, 2020
  • Transportation & Logistics

    Travel ban doesn’t apply to cargo, FedEx says

    FedEx said it will continue cargo flights between Europe and the U.S. after confirming that President Trump's 30-day ban on travel doesn't apply to air freight.

    By Wayne Risher March 12, 2020
  • Transportation & Logistics

    River cruise lines navigate uncertainty of COVID-19

    Mississippi River cruise season opens Sunday, March 15, one week after the first coronavirus case was confirmed in Memphis. Cruise operators are taking steps to deal with the crisis.

    By Wayne Risher March 11, 2020
  • Transportation & Logistics

    FedEx improves vacation benefit for newer employees

    FedEx employees won't have to wait until they've been with the company five years to get three weeks of vacation, under a policy change effective June 1.

    By Wayne Risher March 06, 2020

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