FedEx second quarter earnings expected to be down nearly 30%
FedEx reports earnings for second quarter fiscal 2020 after U.S. financial markets close on Tuesday, Dec. 17. Analysts expect earnings to be down nearly 30% from a year earlier.
FedEx reports earnings for second quarter fiscal 2020 after U.S. financial markets close on Tuesday, Dec. 17. Analysts expect earnings to be down nearly 30% from a year earlier.
Byhalia Pipeline LLC aims to build a crude oil pipeline across 45 miles of Shelby, DeSoto and Marshall counties to bridge a key gap in a national network.
FedEx marked what was expected to be one of its busiest days in history on Monday, Dec. 2, as more than 33 million shipments moved through the Memphis-based company's network.
Shipping industry consultant SJ Consulting believes FedEx peak season volume will increase a relatively modest 3%, in part because of the expansion of Amazon's delivery network.
FedEx expects to more than double normal package volume of 15 million packages a day on three Mondays in December, starting with Cyber Monday, Dec. 2.
Remember when it was possible to arrive at Memphis International Airport minutes before a flight? Those days are over, at least at peak times like Thanksgiving.
FedEx Express regional president Richard W. Smith talked about Wing drones, Roxo the SameDay Bot and automation plans for the Memphis hub during an interview with The Daily Memphian.
Indiana Hunt-Martin, one of seven surviving members of World War II's 6888th Postal Battalion, spoke at FedEx Express World Headquarters Friday, Nov. 8, during an early Veterans Day program.
Memphis-based IMC Companies has acquired intermodal company TRANSInternational System.
FedEx and Wing Aviation completed what FedEx called the nation’s first “scheduled, commercial residential delivery” by drone in the U.S. in Virginia on Friday, Oct. 18.
An addition of nearly a mile of new railroad tracks to the Port Commission public terminal on Presidents Island should be finished by May 31, 2020.
FedEx Freight Direct, a service that can move heavy, bulky e-commerce purchases into a consumer's home or business, is expanding to reach 80% of the contiguous U.S. population.
A crush of fall break travelers and a bank of early morning departures combined for the biggest crowd at Memphis International Airport's main security checkpoint since at least July 2008.
Memphis International Airport’s B Concourse modernization is sitting at 25% complete as construction crews start erecting steel framework of a larger, light-filled space for passenger loading and unloading.
FedEx Returns Technology will be deployed at FedEx pickup and dropoff locations inside about 9,000 Walgreens stores in time for the holiday peak season.
Patterson Warehouses received a six-year, payment-in-lieu-of-taxes (PILOT) incentive in July from the Economic Development Growth Engine for Memphis and Shelby County.
More than 200 FedEx volunteers assembled 12,000 holiday gift bags for the USO Holidays campaign Thursday, Sept. 26, at FedExForum.
Memphis held its No. 2 ranking among the top cargo airports globally for 2018, according to the Airports Council International.
FedEx shareholders returned 12 directors to the board, endorsed company plans for named executive officer compensation and shot down two proposals from dissident stockholders during the company's annual meeting in Memphis Monday.
Memphis International Airport officials say they are keeping an eye on FedEx Express operational needs as the company moves to reduce air express capacity to save money.
FedEx said Wednesday it will hire more than 3,250 workers in the Memphis area and more than 55,000 companywide to meet customer demand during the upcoming holiday peak season.
The new iBot personal mobility device could ride the coattails of Roxo, the FedEx SameDay Bot. Inventor Dean Kamen told The Daily Memphian he has high hopes for the collaboration.
Memphis-based FedEx Corp. on Tuesday, Sept. 17, reported earnings for the June-August quarter.
A FedEx Express Boeing 757 named Ryanne airlifted 56,000 pounds of relief supplies and equipment from Memphis to the hurricane-ravaged Bahamas on Monday, Sept. 9.
FedEx SameDay Bot Roxo delivered a gift bag of swag to Memphis Mayor Jim Strickland as FedEx marked the midpoint of a two-week test of the autonomous delivery device.