GM to invest $14 million in Memphis parts center
General Motors’ Memphis Parts Distribution Center, which was opened in 1999, ships 331,700 orders per month and employs 259 people.
General Motors’ Memphis Parts Distribution Center, which was opened in 1999, ships 331,700 orders per month and employs 259 people.
In an email with The Daily Memphian on Friday, Feb. 3, a representative of FedEx confirmed the company is enacting these furloughs in addition to the ones announced in November 2022.
The 10 small businesses chosen by FedEx will win $30,000 and $1,000 in FedEx Office print credit.
“As a logistics company, you have to have a footprint in Memphis.”
Megabus is broadening its service options, linking Memphis to the Midwest.
In addition to Memphis, meals will be packaged in eight other U.S. cities including Atlanta, Houston and Los Angeles.
The FedEx founder financed the film, about the first Black aviator to complete the U.S. Navy’s basic flight training program, and is donating the movie’s proceeds to the Marine Corps Scholarship Foundation.
Before cuts beginning last August, FedEx made Sunday deliveries to more than 80% of the U.S. population; the changes bring that number down to more than 50%.
FedEx Express, FedEx Ground and FedEx Home Delivery shipping rates are now at the highest ever.
Memphis-based public companies FedEx, International Paper, Sylvamo and AutoZone have cautious outlooks for 2023.
Mergers and acquisitions, leadership transitions, uncertain economic conditions, global tensions — local publicly traded companies faced numerous challenges in 2022.
Inclement weather around the country has disrupted flights and altered schedules. Holiday travelers are urged to arrive early and brace for long lines and crowded parking lots at MEM.
FedEx has identified an additional $1 billion in cost savings beyond its September forecast and now expects to generate savings of $3.7 billion.
Airport officials are providing tips as they expect a 2.7% increase in traffic compared to the same travel period in 2019, before the pandemic, as well as a 17.2% increase from the same travel period in 2021.
Tuesday’s earnings call is expected to focus on how effective the company’s sweeping cost-cutting initiatives announced in September have been so far.
The new service from FedEx will expand on the Memphis-based company’s recent efforts to streamline return shipping.
The House passed a bill Wednesday that would bind companies and workers to a proposed settlement reached in September that failed to gain the support of all 12 unions involved.
Forty percent of all freight in the United States moves by rail. Cutting off the supply, experts say, would cripple the economy and decimate the still-rebounding supply chain. Local leaders ask Buttigieg for more airport funding Getting ice off the wings: The specs for the airport’s new consolidated de-icing facilityRelated stories:
“The terminal is what we want redone now,” Mayor Jim Strickland said at the opening of the $309-million de-icing facility at Memphis International.
Here are some of the specs involved in Tuesday’s opening of Memphis International Airport’s Consolidated De-Icing Facility.
U.S. Transportation Secretary Pete Buttigieg will be in the city Tuesday, Nov. 29, to tout federal infrastructure funding aimed at supply chain challenges during FedEx’s busiest time of year.
After Memphis-based FedEx shocked investors and said global trends had weakened profit and revenue, the company’s primary competitor still managed to beat financial analysts’ expectations. But how?
The deadline to ensure packages arrive in time for Christmas using FedEx Ground is Dec. 14. The last day to ship for FedEx Express Saver is Dec. 20.
The group formed just months ago to lobby the logistics giant for changes has disbanded and denounced calls for a work stoppage on the day after Thanksgiving.
The expected peak day is Sunday, Nov. 27, with 8,700 travelers expected to pass through the security checkpoint. Other expected peaks include Friday, Nov. 18, and Sunday, Nov. 20.