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Transportation/Logistics

  • Real Estate
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  • Health Care
  • Transportation/Logistics
  • Movers and Shakers
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  • Transportation & Logistics

    FedEx plans to scrap employee bonuses this year

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

    By Wayne Risher March 20, 2019
  • Transportation & Logistics

    FedEx earnings slide as global trade slowdown continues

    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.

    By Wayne Risher March 19, 2019
  • Transportation & Logistics

    Analysts believe FedEx stock is a bargain but expect quarterly earnings slip

    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.

    By Wayne Risher March 17, 2019
  • Transportation & Logistics

    Explore Bike Share nets new support from FedEx, city

    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.

    By Wayne Risher March 14, 2019
  • Transportation & Logistics

    FedEx names Don Colleran as FedEx Express chief

    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.

    By Wayne Risher March 11, 2019
  • Transportation & Logistics

    Supply chain innovation team pushes forward despite setback

    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.

    By Wayne Risher March 11, 2019
  • Transportation & Logistics

    ScanSource, technology provider, adding 50 jobs in Southaven expansion

    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.

    By Wayne Risher March 11, 2019
  • Transportation & Logistics

    FedEx chief says trade tensions dragging on world economic growth

    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.

    By Wayne Risher March 07, 2019
  • Transportation & Logistics

    FedEx’s Gloria Boyland listed among country’s most powerful black female executives

    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.

    By Wayne Risher March 04, 2019
  • Transportation & Logistics

    Fantastical? Armchair exercise mulls Amazon-FedEx combo despite long odds

    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.

    By Wayne Risher March 02, 2019
  • Transportation & Logistics

    State reveals incentives for FedEx, JNJ Logistics

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

    By Michelle Corbet March 01, 2019
  • Transportation & Logistics

    FedEx aims to disrupt growing local delivery market with SameDay Bot

    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.

    By Wayne Risher February 27, 2019
  • Transportation & Logistics

    FedEx plans to test SameDay Bot in Memphis this summer

    FedEx on Wednesday announced details of its FedEx SameDay Bot, an autonomous delivery vehicle that is slated to navigate sidewalks of Memphis and other cities this summer in initial testing.

    By Wayne Risher February 27, 2019
  • Transportation & Logistics

    FedEx introducing same-day delivery robot on Wednesday

    Memphis-based FedEx introduced a driverless package delivery robot called the FedEx SameDay Bot on "The Tonight Show Starring Jimmy Fallon" Tuesday night.

    By Wayne Risher February 27, 2019
  • Transportation & Logistics

    XPO guarantees jobs to workers displaced by warehouse closing

    XPO Logistics Inc. said Monday it's guaranteeing jobs at other XPO warehouses for all workers being displaced by the scheduled April 15 closing of a Memphis facility operated for Verizon.

    By Wayne Risher February 26, 2019
  • Transportation & Logistics

    FedEx outlines pay package for Raj Subramaniam

    New FedEx Corp. president and chief operating officer Raj Subramaniam would earn $1.2 million in base salary and bonuses over the next year under a compensation package outlined Wednesday, Feb. 20.

    By Wayne Risher February 21, 2019
  • Transportation & Logistics

    Discussion continues about front-office changes at FedEx

    FedEx's series of high-level management changes are fueling speculation about the reasons and perhaps worrying investors and employees, but have the potential to bring fresh eyes to the organization.

    By Wayne Risher February 20, 2019
  • Transportation & Logistics

    Is Raj Subramaniam ‘the guy’ at FedEx? Only time will tell

    Selection of Raj Subramaniam for the No. 2 job at Memphis-based FedEx Corp. starting March 1 could put him in the driver's seat to eventually become CEO, some analysts believe.

    By Wayne Risher February 18, 2019
  • Transportation & Logistics

    Bronczek departs FedEx, replaced by Subramaniam

    David J. Bronczek has abruptly retired from FedEx Corp.'s No.2 spot, with Raj Subramaniam named to replace him effective March 1.

    By Wayne Risher February 22, 2019
  • Transportation & Logistics

    FedEx Logistics HQ project wins $3 million in grants, tax freeze worth millions

    Public incentives flowed Thursday into a project to retrofit the Gibson Guitar Factory and make it FedEx Logistics' global headquarters. A tax freeze and two grants sailed to approval.

    By Wayne Risher February 14, 2019
  • Transportation & Logistics

    Airport’s inner workings come into focus on ‘World Class Tour’

    Memphis International Airport's Jon K. Thompson World Class Tour offers a behind-the-scenes look at the inner workings of the airport and the FedEx Express hub.

    By Wayne Risher February 09, 2019
  • Transportation & Logistics

    FedEx touts service upgrade as milestone in European growth

    FedEx Express Europe announced Wednesday that it was upgrading FedEx Intra-European Economy parcel shipments in seven countries with plans to go Europe-wide by May 31.

    By Wayne Risher February 07, 2019
  • Transportation & Logistics

    Weekend shutdowns of I-240, Park in East Memphis make way for big bridge slide

    Key sections of Interstate 240 and Park Avenue in East Memphis will be closed for the next three weekends for replacement of the Norfolk Southern railroad bridge over I-240.

    By Wayne Risher January 30, 2019
  • Transportation & Logistics

    FedEx pulls back curtain for peek at business relationship with Amazon

    Memphis-based FedEx on Tuesday reiterated that Amazon.com is not its biggest customer and said for the first time that Amazon contributed less than 1.3 percent of total revenues in 2018.

    By Wayne Risher January 30, 2019
  • Transportation & Logistics

    FedEx sweeps aside age limit for chairman Smith

    FedEx directors eliminated a roadblock to chairman Frederick W. Smith remaining on the board after his 75th birthday this year. Directors also elected David J. Bronczek as their 13th member.

    By Wayne Risher January 29, 2019

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