About Us | Contact Us | Email Preferences | Help

Subscribe
Memphis Events Metro Business Opinion Sports Arts & Culture Food Suburbs Neighborhoods Podcasts Obituaries Newsletters
Real Estate Financial Services Healthcare Transportation/Logistics Movers and Shakers Ford Megasite
Add Daily Memphian to Home Screen

Transportation/Logistics

  • Real Estate
  • Financial Services
  • Healthcare
  • Transportation/Logistics
  • Movers and Shakers
  • Ford Megasite
<strong>FedEx announced Wednesday, June 29, its new&nbsp;&ldquo;Deliver Today, Innovate for Tomorrow&rdquo; strategy as investors and analysts gathered in Memphis for the company&rsquo;s 2022 investor meeting.&nbsp; </strong>(Photo by FedEx)Business

FedEx predicts sizable profit growth over next three years

The logistics giant announced Wednesday, June 29, its new “Deliver Today, Innovate for Tomorrow” strategy as investors and analysts gathered in Memphis for the company’s 2022 investor meeting. 

By Rob Moore June 29, 2022
Business

One service center is building its own workforce to address labor shortage

Technicians at the Gateway service center on Summer are self-supplying the company’s need for skilled mechanics with a six-month course that guarantees full-time employment at its conclusion. 

By Rob Moore July 02, 2022
Business

FedEx delivers 52 tons of medical aid for Ukrainian refugees

FedEx has donated more than $2.3 million in humanitarian aid since the outset of the conflict, including $1 million that has been allocated for in-kind shipping with nonprofit partners.

By Rob Moore June 27, 2022
Transportation & Logistics

FedEx maps out strategy to increase earnings, operating income

New CEO Raj Subramaniam faces soaring inflation, increasing competition from Amazon and an activist investor demanding shakeups to the board, but plans to grow earnings per share by as much as 19% over the next three years, as well as increase operating income by as much as $4.5 billion. 

By Rob Moore June 29, 2022

  • Transportation & Logistics

    Hundreds of FedEx pilots picket for updated contract

    Pilots are asking for a contract that increases retirement benefits and takes into account issues related to quality of life, such as time spent away from home and uncertainty around scheduling. 

    By Rob Moore June 29, 2022
  • Subscribers only Transportation & Logistics

    Record FedEx stock jump had help from New York investor

    D. E. Shaw & Co. is known for its activist investing, including its role in Exxon Mobil Corp.’s decision to add to its board and make $6 billion worth of cost savings changes. 

    By Rob Moore June 23, 2022
  • City of Memphis

    Council approves city’s share of recurring funding for MATA

    The growing pool of property-tax funding is expected to reach the $30 million goal in the next seven to eight fiscal years — with city and county combined funding.

    Related stories:

    City Council tables indefinitely ballot question to allow partisan primaries

    City Council rejects used-car lot on Elvis Presley Boulevard

    By Bill Dries June 21, 2022
  • Business

    FedEx pilots push for updated contract

    For the union, the two primary issues in the current round of negotiations are retirement benefits and matters related to quality of life. 

    By Rob Moore June 19, 2022
  • Transportation & Logistics

    Filing reveals annual pay for Fred Smith, new FedEx CEO

    An SEC filing reveals how much Raj Subramaniam and FedEx founder Fred Smith will earn in their new roles. 

    By Rob Moore June 18, 2022
  • Transportation & Logistics

    FedEx names first chief customer officer

    Brie Carere is a three-time winner of the FedEx Five Star Award, the company’s highest team member honor.

    By Rob Moore June 16, 2022
  • Transportation & Logistics

    FedEx adds new members to board, increases dividend by more than 50%

    FedEx Corp. stock was up nearly 9% Tuesday after the company made the announcement.

    By Rob Moore June 14, 2022
  • Business

    Efforts underway to recruit and train workers for BlueOval City

    Most of the hires (57%) have come from West Tennessee, including Haywood, Tipton, Madison and Fayette counties. But officials say Shelby County residents will play a big role in the construction project.

    By Rob Moore June 06, 2022
  • Transportation & Logistics

    Sluggish global conditions could impact FedEx earnings

    A Morgan Stanley report suggests FedEx could be suffering from conditions that “have turned more sluggish globally, no doubt compounded by additional complications from the conflict in Ukraine and COVID-related shutdowns in China.” 

    By Rob Moore June 04, 2022
  • Business

    Logistics operators report on a volatile trucking market as inflation rises

    As manufacturers scrambled to resume operations in 2021 following shutdowns across several industries the year before, truckers were in demand. 

    By Rob Moore June 01, 2022
  • Transportation & Logistics

    FedEx embraces autonomous trucking

    FedEx announced in September 2021 it would enter a pilot program with California-based Aurora Innovation Inc. to test autonomous driving technology.

    By Rob Moore May 25, 2022
  • Transportation & Logistics

    AutoZone third-quarter earnings beat analyst predictions

    Shares of AutoZone stock were up Tuesday morning following the release, which reported net sales of $3.9 billion for the third-quarter 2022. 

    By Rob Moore May 24, 2022
  • Spirit of Memphis

    FedEx lends a hand with Operation Fly Formula

    The flight from the Ramstein Air Base in Germany to Indiana transported the equivalent of 1.5 million 8-ounce bottles of three formulas, all of which are hypoallergenic for children with cow’s milk protein allergy.

    By Rob Moore May 22, 2022
  • Visual Arts

    Photographer Kha returns to Memphis for ‘Critical Conversation’

    “I think the public versus private versus publicly-owned private space question is one that should be unpacked,” said Sam Rauch, who has curated exhibits for New York’s LaGuardia Airport.

    By Jordan Arellano May 19, 2022
  • Transportation & Logistics

    Airport expects double-digit increase in revenue next year

    “The MSCAA staff has overcome many challenges that resulted from the pandemic,” said the chair of the airport authority’s board. 

    By Rob Moore May 22, 2022
  • Transportation & Logistics

    Infant formula shortage takes its toll on Mid-South families

    The infant formula shortage has been caused by the closing of an Abbott Labs facility in Sturgis, Michigan, as well as the greater global supply chain crisis.

    By Rob Moore May 18, 2022
  • Subscribers only Business

    Supply chain crisis causes gridlock at Mid-South auto repair shops

    “I had a customer come pick up his ‘21 model Hyundai Palisade to drive it around with no rear bumper because we’ve had it since February,” said one body shop owner. “Nobody can even tell us when the bumper is coming.” 

    By Rob Moore May 17, 2022
  • Business

    Why you might see a new modern car on Madison Avenue’s trolley line

    About a dozen MATA workers gathered Tuesday, May 10, to test the transit authority’s Siemens–Duewag U2 car. 

    By Rob Moore May 11, 2022
  • Transportation & Logistics

    FedEx wants to electrify last-mile delivery; BrightDrop wants to help

    FedEx became BrightDrop’s first customer in December 2021 after it received 500 orders of the Zevo 600, which has an estimated range of up to 250 miles on a full charge. 

    By Rob Moore May 09, 2022
  • Subscribers only Business

    FedEx is modernizing its aircraft fleet, making new partnerships

    While FedEx has been working on modernization efforts for a couple of years, the COVID pandemic and related shipping demands prolonged the timeline. 

    By Rob Moore May 02, 2022
  • Business

    Spirit Airlines launches service at Memphis International

    Spirit becomes the ninth airline serving Memphis. It will operate 182-seat ­­­­­­­Airbus A320 aircraft for its flights.

    By Rob Moore April 30, 2022
  • Business

    TDOT awards $141 million contract for I-55/Crump Blvd. interchange renovation

    The intersection just east of the Memphis-Arkansas Bridge was a major choke point last year when the I-40 bridge was closed.

    By Ian Round April 04, 2022
  • Business

    What’s next for FedEx?

    FedEx stock was up nearly 5% Tuesday, March 30, following the announcement on Monday that Raj Subramaniam will succeed Frederick W. Smith as president and CEO. 

    By Rob Moore April 04, 2022
  • Transportation & Logistics

    Raj Subramaniam to succeed Fred Smith as president and CEO of FedEx Corp.

    FedEx announces the next president and CEO following founder Frederick W. Smith’s tenure. 

    By Neil Strebig, Rob Moore March 28, 2022
  • Business

    FedEx flight departs for Europe carrying relief for Ukrainian refugees

    For more than two hours Saturday morning, FedEx Express team members loaded a Boeing 777 cargo aircraft with 76 tons of supplies, including an emergency field hospital and life-saving medicines. 

    By Rob Moore March 26, 2022

  • About 557 results

    1 2 3 4 … 23
    RSS
Local business is our business

Bluff City Biz provides you the latest news and developments each week.

Enter your e-mail address

You are already signed up

Opt out

Manage Your Email Subscriptions

Trending Now

  1. Suburbs
    The Sift Bakery opens Saddle Creek pop-up
  2. City of Memphis
    ‘Fast and furious:’ In rush to spend, fewer bidders likely cost MSCS millions
  3. Subscribers Only
    How pro-charter school tech billionaires quietly influence state government
  4. Business
    Several major Memphis employers commit to cover abortion travel
  5. Memphis Grizzlies
    Memphis Grizzlies, Ja Morant agree to max extension
Get The Daily Memphian Email Edition

Email Editions

Sign up for our morning and evening editions, plus breaking news.

Enter your e-mail address

You are already signed up

Opt out

Manage Your Email Subscriptions

Metro

  • City of Memphis
  • Shelby County
  • State Government
  • Education
  • Criminal Justice
  • Elections
  • Spirit of Memphis
  • The Early Word
  • On the Record
  • Behind The Headlines

Business

  • Real Estate
  • Financial Services
  • Healthcare
  • Transportation/Logistics
  • Movers and Shakers
  • Ford Megasite

Opinion

  • Otis Sanford
  • Dan Conaway
  • Guest Columnists
  • Chris Herrington
  • Letters to the Editor

Sports

  • Memphis Grizzlies
  • Geoff Calkins
  • High School Sports
  • WGC - FedEx St. Jude
  • 901 FC
  • Grizzlies Podcast
  • Memphis Tigers Basketball
  • Memphis Tigers Football
  • Tigers Podcast

Arts & Culture

  • Visual Arts
  • Performing Arts
  • Music
  • The To-Do List
  • The Sidebar
  • Memphis Events

Food

  • Reviews
  • News and Features
  • Jennifer Biggs
  • Recipes
  • Sound Bites
  • Table Talk
  • $10 Deals

Suburbs

  • Arlington
  • Bartlett
  • Collierville
  • Germantown
  • Millington
  • Lakeland
  • DeSoto County

Neighborhoods

  • Downtown
  • Midtown
  • North Memphis
  • East Memphis
  • South Memphis
  • About Town

Podcasts

  • Sound Bites
  • On the Record
  • Behind The Headlines
  • The Sidebar
  • Grizzlies Podcast
  • Tigers Podcast

Obituaries

    Newsletters

      • Log In
      • About Us
      • Contact Us
      • FAQ
      • Work With Us
      • Privacy Policy
      • Email Preferences
      • Subscribe
      Become a subscriber to keep reading.
      Help Log In
      © 2022 The Daily Memphian | Contact Us | FAQ | Additional Subscription Options | Work With Us | About Us | Privacy Policy