Memphis International Airport officials on Thursday approved a two-year, nearly $200,000 marketing and sponsorship agreement tied to University of Memphis athletics. 

Amazon is making a bigger move into air cargo and building its capability to pick up from sellers and deliver directly to customers. But FedEx says it isn't worried.

Fullen Dock and Warehouse has received a foreign trade zone designation as part of Memphis Foreign Trade Zone No. 77, which received $1.4 billion in goods in 2017.

Vacation Express brings its Memphis-Cancun nonstop back for the 2019 summer vacation season starting in May. Flights leave Memphis International Airport on Saturday mornings and return on Friday nights.

A consultant that places values on commercial brands picked four Memphis companies and nine in Tennessee for its ranking of 500 most valuable brands. FedEx was No. 34.

FedEx Office, which grew out of FedEx Corp.'s 2004 acquisition of Kinko's, has marked the opening of its 2,000th store, and the 150th store located inside a Walmart.

Some buyout-eligible FedEx employees could be left behind as a new payroll-trimming project comes to a head in April. FedEx aims to save up to $275 million a year.

Former longtime FedEx executive Sean Healy, most recently regional chief operating officer for FedEx Express Europe, is listed on LinkedIn as an Amazon director after a 32-year FedEx career.

The Memphis & Shelby County Regional Economic Alliance met publicly for the first time Thursday and agreed on priorities for job growth, ranging from transportation and logistics to the music industry.

The Mississippi River has been lubricating the economic machinery of Memphis since land speculators put down stakes where a high bluff overlooked the muddy terminus of the Wolf River.

Memphis remains No. 2 in the world and No. 1 in North America in an Airports Council International preliminary ranking of the busiest cargo airports by volume.

FedEx said it cut out annual bonuses because of changing economic circumstances, but some employees complained the company was taking away a benefit they'd previously been led to expect.

Airport officials are looking at ways to improve the customer experience when parking garages fill up at peak times, such as spring break and Thanksgiving.

FedEx told employees in the wake of a disappointing earnings report Tuesday that the company expects to scrap annual incentive compensation bonuses this year.

FedEx's earnings missed company and analyst expectations Tuesday. The company cited a continuation of economic softness in Europe and Asia that prompted announcement of a cost-cutting plan in December.

The strength of the U.S. economy is in FedEx's favor, but the company is managing through headwinds in Europe and Asia. FedEx reports quarterly earnings Tuesday, March 19.

Explore Bike Share has picked up funding from Memphis-based FedEx, $150,000 over three years; and Memphis, $75,000 a year for four years, from fees on Bird and Lime.

FedEx has named Don Colleran as president and chief executive officer of FedEx Express. He'll succeed Raj Subramaniam, who became president and chief operating officer of FedEx Corp. March 1.

Proponents of an inter-operable pool of intermodal container chassis for the Memphis area aren't giving up on the idea despite a recent rejection by two big players in the market.

ScanSource Inc., a provider of technology solutions including barcode and point-of-sale systems, is adding 50 employees in an expansion of its Southaven, Mississippi distribution center over the next year.

Memphis-based FedEx Corp. chief Frederick W. Smith, appearing on Fox News, said trade tensions are hurting the world economy and he doesn't think U.S. voters will buy big government spending.

FedEx executive Gloria R. Boyland has overseen development of the newly unveiled FedEx SameDay Bot and truck platooning technology. She's one of Black Enterprise's Most Powerful Women in Corporate America.

Under the heading of "food for thought," analysts at one firm have pondered the what-ifs of an unlikely combination of Amazon and FedEx and suggested it would be a winner.

The state of Tennessee reveals $11.2 million in incentives for two major investments by local logistics companies. 

FedEx views its newly introduced FedEx SameDay Bot as a potential game-changer that will help grow market share among current shippers and open new avenues for local deliveries.